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Old 07-21-2019, 02:33 PM
 
440 posts, read 357,429 times
Reputation: 440

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Just read in the Sun Sentinel on the front page this past week that Fort Lauderdale now has the highest rates of larger Florida cities for one bedroom apartments with the average being around $1,900 with Miami in second with an average rent for a one bedroom being around $1,700.

Even with all the new apartment buildings going up just north of downtown and in downtown Fort Lauderdale, the surplus of apartments hasn't stabilized or brought down the rates because big time developers just write off the empty apartments as a loss on their profits on their income taxes.

Another front page article this past week also reported that even with the threat of rising sea levels and the possibility of stronger hurricanes hitting Florida, people keep moving to the state but it didn't give a breakdown of who is moving to Florida to determine if it's because of immigration from outside the U.S., particularly from Latin America where most of the immigrants to Florida come from.

The article showed a map of Florida showing the counties that have seen the most increase in population with the Keys showing almost zero increase while the increase in population in Broward County has slowed down, possibly due to the national and international attention that South Florida has received about being at Ground Zero for sea level rise in the United States. I've included the link to an article on the Internet about the sea level rise here.

https://insideclimatenews.org/news/0...sing-sea-level



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Old 07-22-2019, 07:24 AM
 
Location: Davie, FL
2,332 posts, read 1,545,752 times
Reputation: 1767
I guess a good excuse to continue pimping the link you post over and over and over.
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Old 07-22-2019, 08:33 AM
 
Location: Weston, FL
4,199 posts, read 6,078,485 times
Reputation: 1411
AFAIK most of the Fort Lauderdale luxury apartment buildings are nicely filled.
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Old 07-22-2019, 09:54 AM
 
Location: Fort Lauderdale, Florida
9,966 posts, read 8,859,565 times
Reputation: 22043
Quote:
Originally Posted by ruski View Post
AFAIK most of the Fort Lauderdale luxury apartment buildings are nicely filled.
Amaray and Icon Las Olas, two of the most expensive rentals in the city stay at capacity.

International attention for sea levels rising? Hardly.
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Old 07-22-2019, 10:57 AM
 
329 posts, read 491,560 times
Reputation: 262
Quote:
Originally Posted by HotandHumid View Post
Just read in the Sun Sentinel on the front page this past week that Fort Lauderdale now has the highest rates of larger Florida cities for one bedroom apartments with the average being around $1,900 with Miami in second with an average rent for a one bedroom being around $1,700.

https://insideclimatenews.org/news/0...sing-sea-level



Rents are NOT higher in Fort Lauderdale than they are in Miami. I work in real estate development. I have access to and follow most resources that track multifamily rents.

Again this is the problem with statistics. You can slice most things to say whatever you want and most laymen (layperson?) just take the random deceptive statement as fact.

Just like your other statistics you can simply adjust what you are looking at. When you say Miami do you include the beach which technically isn't Miami?

Anyone that clearly doesn't have an agenda against FTL can objectively see that its cheaper to live in FTL than Miami. I live in Miami now and if I look at anything comparable to Miami the rents are always cheaper.

https://www.zumper.com/blog/rental-price-data

Rental prices from July 2019

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Old 07-22-2019, 04:19 PM
 
10,962 posts, read 12,940,369 times
Reputation: 15730
click on realtor.com

type in Ft Lauderdale

click on price low to high

Page 1 is all listings under $850 a month. Some look like new buildings, one on "sailboat bend" looked like a nice older building. Some where ghetto. Davie got inserted on that page and had a new building for $714 1/1.
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Old 07-22-2019, 05:38 PM
 
4,166 posts, read 1,199,955 times
Reputation: 2524
...as soon as they show a picture of a street flooded...with a car driving through it....you know they are lying
.. that's fresh water from rain

If they don't even check the facts on the pictures they post....they will post any garbage
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Old 07-22-2019, 06:41 PM
 
Location: USA
1,600 posts, read 662,146 times
Reputation: 1491
Quote:
Originally Posted by HotandHumid View Post
Just read in the Sun Sentinel on the front page this past week that Fort Lauderdale now has the highest rates of larger Florida cities for one bedroom apartments with the average being around $1,900 with Miami in second with an average rent for a one bedroom being around $1,700.

Even with all the new apartment buildings going up just north of downtown and in downtown Fort Lauderdale, the surplus of apartments hasn't stabilized or brought down the rates because big time developers just write off the empty apartments as a loss on their profits on their income taxes.

Another front page article this past week also reported that even with the threat of rising sea levels and the possibility of stronger hurricanes hitting Florida, people keep moving to the state but it didn't give a breakdown of who is moving to Florida to determine if it's because of immigration from outside the U.S., particularly from Latin America where most of the immigrants to Florida come from.

The article showed a map of Florida showing the counties that have seen the most increase in population with the Keys showing almost zero increase while the increase in population in Broward County has slowed down, possibly due to the national and international attention that South Florida has received about being at Ground Zero for sea level rise in the United States. I've included the link to an article on the Internet about the sea level rise here.

https://insideclimatenews.org/news/0...sing-sea-level



Then you should not move there or if you do live there, move.

Crises averted
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Old 07-22-2019, 07:16 PM
 
Location: Davie, FL
2,332 posts, read 1,545,752 times
Reputation: 1767
Quote:
Originally Posted by blueherons View Post
Amaray and Icon Las Olas, two of the most expensive rentals in the city stay at capacity.

International attention for sea levels rising? Hardly.
All those insurance actuaries are such idiots, obviously. And mortgage lenders? Even dumber. Can't believe they would insure and finance these buildings that will be artificial reefs in just 12 short years. Maybe HotAndHumid should be applying for those jobs and help avert the looming crisis.
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Old 07-22-2019, 07:26 PM
 
Location: USA
1,600 posts, read 662,146 times
Reputation: 1491
Quote:
Originally Posted by BNBR View Post
All those insurance actuaries are such idiots, obviously. And mortgage lenders? Even dumber. Can't believe they would insure and finance these buildings that will be artificial reefs in just 12 short years. Maybe HotAndHumid should be applying for those jobs and help avert the looming crisis.
LOL

Maybe CD can start a new forum sections: silly stuff cited by HotandHumid
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