[Eda_Pimentel]

We know first hand of many singles, younger married couples and older (not retired) couples that sold their houses and/or condos at extremely stupid high prices, taken the huge gain and have moved intrastate, but most out of Florida to other, mostly southern states - 3 exceptions were in east TX,AR and AZ.



Really, it's not that unusual to see half-backers each year. Are people moving to FL? of course - too many, and in some cases the wrong kind of people (criminals included, and illegals in droves).


People tend to do what's good for them at the time, or for their pocketbooks or happiness longer term. It certainly is not an exercise in poor judgment to take absolutely huge profits on a darn house/car/stocks-bonds/gold/collectibles-jewelry and go on your merry way to experience something or somewhere else in you own lifetime. Those are individual, easily understood decisions. Sometimes all good things come to an end - that includes life itself. Being 'married' to a house or state makes no sense for some. Understood.

[Grace512]

Originally Posted by sinatras

So if NOBODY is moving to No. 50 California, then demand for real estate in California must be in the toilet.

Unless this article is actually fake news. Which obviously it is. Since California real estate continues to be among the most expensive in the nation due to the number of people wanting to live there. For obvious reasons. Like beautiful weather and beautiful organic and LOCAL produce both readily available.

But somebody let me know when U-haul says you can buy a SFH 3/2 house in Hancock Park for 300k..........I'll wait.

https://www.zillow.com/los-angeles-c...****-park_att/

The article does not say nobody is moving to CA. But fewer people are moving there compared to the outbound. This is why CA lost a Representative. https://calmatters.org/politics/2021...ngress-census/

Also, home prices are linked more to supply and demand. I saw this in the 1970's. Probably long before you were born. We had a raging inflation under Carter and the economy was in the toilet. But home prices remained high due to a shortage of housing. I know people who moved from CA to FL and I'm sure people in CA know of people moving to CA from FL. The big picture shows CA is bleeding residents (at least the legal ones)

[Grace512]

Originally Posted by Nerad

That article does not break down by demographics though. Net migration can be positive but certain age or socioeconomic groups can buck the trend.

I personally know of several examples of people moving from FL and AZ in the last couple years.

Remote work/Covid/ and the recent pat of low rates definitely distorts the numbers.

Florida is still the number one destination for retirees. https://www.napa-net.org/news-info/d...s-retired-2022
I found several sources based on census data but this one was pretty good. No doubt we all know retirees who are leaving the state, but as of 2022, there was still a net migration to Florida. A relative on mine rents UHauls. There are many outbound trucks to other states. All ages. Some have found better jobs or got transferred. Some are just struggling. I guess 2023 may show different trends but as today there is still a net migration. My guess over time, Florida growth will slow. Just my opinion. Housing and inflation is hurting a lot of people. I do know that people are hesitant to sell their home with a 3% mortgage and buy another at 6.5%. This could cause a housing shortage. I witnessed this before in the 1970's.

[beach43ofus]

Originally Posted by Ellwood

Many who retired to FL have aged, lost spouses, require help and move to be near family in order to get the support they need.

^^^nailed it....stuck the landing....well played, nothing else to add.

[sinatras]

Originally Posted by Grace512

The article does not say nobody is moving to CA. But fewer people are moving there compared to the outbound. This is why CA lost a Representative. https://calmatters.org/politics/2021...ngress-census/

Also, home prices are linked more to supply and demand. I saw this in the 1970's. Probably long before you were born. We had a raging inflation under Carter and the economy was in the toilet. But home prices remained high due to a shortage of housing. I know people who moved from CA to FL and I'm sure people in CA know of people moving to CA from FL. The big picture shows CA is bleeding residents (at least the legal ones)

LIKE I SAID. there’s still plenty of demand for California real estate. No matter how many residents it’s allegedly bleeding.

[DanBev]

Originally Posted by tinytrump

Cost of living. Age and health.

As I have posted on this subject before.We did move back because of age but since I having done it life in CT is miserable,doctors not as good and just hate it,cost of living is higher here.I did not have to pay taxes for many years in FL.
I thought I would be going first,I am 89,wife just passed after 67 years and was never happy here.

[gatorlyn]

Don't move to Florida when you are 75, and then expect some Doctor to magically make you feel like you're 55.

[kyle19125]

Originally Posted by gatorlyn

Don't move to Florida when you are 75, and then expect some Doctor to magically make you feel like you're 55.

More like the premise of expectation to see a specialist within four months or have more than ten minutes with your primary care doctor who books appointments every 15 minutes.

[Truth11]

Originally Posted by gatorlyn

Don't move to Florida when you are 75, and then expect some Doctor to magically make you feel like you're 55.

The weather should do that

[LKJ1988]

Originally Posted by Truth11

The weather should do that

the weather drags me down as i hate it so much.