Sarasota is the 6th most overvalued housing market in FL (Miami: obgyn, 2013)
Sarasota - Bradenton - Venice areaManatee and Sarasota Counties
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Two more to add to the list: AaronDavidSchultz and jack_m_roun. He has got to have plenty of fake profiles to dish out the Hateorade!
Could you imagine being so socially bereft that you have to create friends for yourself on an internet forum? Or being so disagreeable that your imaginary friends are the only ones who agree with you? Or feeling like such a failure that every character you create has lived in different places, held different jobs, knows different people, is expert in different fields?
I think some on this forum don't realize what current salaries are for many of the careers that are in high demand. 100k is just slightly over the starting college grad salary for many high demand jobs. I know many people in their late 20's to early 40's that make much more than 100k. Many are over 200k and some even double that or more. Many of these jobs are remote or they can work where they want as long make their numbers. I am sure places like Lakewood Ranch is filled with families that fit this description. The neighborhood I live in (outside of sarasota) routinely gets multiple offers for every home on the market..$600-$800k and many of these families are under 35. Bottom line, there is alot of money out there even among younger families!
What jobs are these? Thats more than many drs make.
Last edited by MOforthewin; 03-08-2022 at 05:47 PM..
TALLAHASSEE — State lawmakers are looking to divert $100 million in affordable housing money to help “hometown heroes” like nurses, police officers and teachers pay their closing costs and down payments on new homes.
Under a plan agreed to by House and Senate budget negotiators, the money would come out of $209 million assigned to the State Housing Initiatives Partnership program, known as SHIP.
That program goes to cities and counties to establish affordable housing policies, including funding low-income homeowners’ emergency repairs, down payments and closing cost assistance, as well as construction and acquisition of property for affordable housing.
What jobs are these? Thats more than many drs make.
More than doctors? Any specialist nowadays is at 500k+ with may close to $1M.. Radiologist, Surgeons, anesthesiologist, etc.. I have a family friend who is a radiologist looking into moving to SW Florida and he said the hospitals pay similar salaries to what he makes in Chicago.
Anyone worth their salt with a few years experience in IT sales is making $150k+.. I know one person who is moving to LWR in this field who probably makes 300k and is in his mid 30's.
Mechanical, chemical, electrical engineers are at $100k+ after 2 or 3 years out of school and most are easily at 150k by their early/mid 30's. This is another field with remote work on the rise.
My daughter is in college and her Georgia school's Computer Science BS graduates averaged $75k last year and were over 100k average after 3 years.
Software Eng. jobs pay well into 6 figures and many are remote.
There are many well paying fields out there and many are now remote. The ones who are very good at what they do have more flexibility than ever. Their employers realize how valuable they are in this tight labor market and will give them more flexibility than ever to make sure they are satisfied with their work arrangements.
I have a relative who makes good money and his employer told him he could move anywhere he wants and work remote. He is very good at his job and they know he could find a new job with a couple phone calls if he decided to leave, so they are giving him maximum flexibility. He is now looking to move to Sarasota.
This will only increase the number of well paid residents in the Sarasota area. Remote work will definitely bring more money to the local economy.
More than doctors? Any specialist nowadays is at 500k+ with may close to $1M.. Radiologist, Surgeons, anesthesiologist, etc.. I have a family friend who is a radiologist looking into moving to SW Florida and he said the hospitals pay similar salaries to what he makes in Chicago.
Anyone worth their salt with a few years experience in IT sales is making $150k+.. I know one person who is moving to LWR in this field who probably makes 300k and is in his mid 30's.
Mechanical, chemical, electrical engineers are at $100k+ after 2 or 3 years out of school and most are easily at 150k by their early/mid 30's. This is another field with remote work on the rise.
My daughter is in college and her Georgia school's Computer Science BS graduates averaged $75k last year and were over 100k average after 3 years.
Software Eng. jobs pay well into 6 figures and many are remote.
There are many well paying fields out there and many are now remote. The ones who are very good at what they do have more flexibility than ever. Their employers realize how valuable they are in this tight labor market and will give them more flexibility than ever to make sure they are satisfied with their work arrangements.
I have a relative who makes good money and his employer told him he could move anywhere he wants and work remote. He is very good at his job and they know he could find a new job with a couple phone calls if he decided to leave, so they are giving him maximum flexibility. He is now looking to move to Sarasota.
This will only increase the number of well paid residents in the Sarasota area. Remote work will definitely bring more money to the local economy.
Not shocking about the radiologist. The hospitals need doctors down here. They have a hard time recruiting doctors in SWFL, especially young ones because of all the med school debt and the cost of living down here. Last year NBC2 did a story about Lee Memorial and doctor shortages down here because they have a hard time recruiting.
I have no doubt IT sales could make you 150k a year, especially a couple years ago at the peak of lockdowns when online sales were at their peak and companies were having to do massive upgrades.
Btw, I have a relative who retired last year at 52 from a privately held tech company. Their annual revenue is currently 14 billion and they have 7,000 employees. basically they supply cisco stuff to corporations all over the world. They were selling a lot to Amazon and Microsoft during the lockdown because they had to upgrade their servers. He was VP of their global supply product chain and distribution. Basically facilitated the contracts to those companies and traveled all over the world constantly. I never asked what his pay was, but would you say that's the type of job that could be pulling in 400k to 500k a year with bonus? He was with the company for 20 years. When he started he was hired as a director which currently directors there pays 150k a year. He held two VP positions before his highest, last one.
What jobs are these? Thats more than many drs make.
In my current profession, I work with Architects, film producers, audio production and engineers, all of them making in the high $200K or more. Average age about 32 or so. I was actually surprised at how high the salaries were. They mainly live in the Orlando-Miami area, but some have moved to the west coast of Florida recently.
I'm a lawyer by training, later specializing as CDFA, (Certified Divorce Financial analyst) not to be confused with a divorce attorney. Everyone knows or at least excepts Lawyers and doctors to be the big money makers, my grandmother used to always refer to the big houses in her hometown as "that's doctor money".
anyway, the real big money I saw wasn't dr or lawyers but self made business types. It varied depending on the area of the country I was working in - high tech types out west, old school construction and manufacturing etc in the East coast not even counting the Wall street types which is huge $$$. It was quite the eye opener for me, there's a lot more out there than "doctor money".
In my current profession, I work with Architects, film producers, audio production and engineers, all of them making in the high $200K or more. Average age about 32 or so. I was actually surprised at how high the salaries were. They mainly live in the Orlando-Miami area, but some have moved to the west coast of Florida recently.
I'm a lawyer by training, later specializing as CDFA, (Certified Divorce Financial analyst) not to be confused with a divorce attorney. Everyone knows or at least excepts Lawyers and doctors to be the big money makers, my grandmother used to always refer to the big houses in her hometown as "that's doctor money".
anyway, the real big money I saw wasn't dr or lawyers but self made business types. It varied depending on the area of the country I was working in - high tech types out west, old school construction and manufacturing etc in the East coast not even counting the Wall street types which is huge $$$. It was quite the eye opener for me, there's a lot more out there than "doctor money".
Depends on the types of lawyers too. Public Defenders went to law school for example and their pay in Florida is dismal.
I would suspect dermatology is a big $ down here with all the skin cancers and such. Every dermatologist office I've been into down here is freaking huge. I mean like palaces. The one I went to in Bradenton was a local practice and the place was a palace. Was only two doctors, not one of those chains like Riverchase.
I couldn't be an architect. Too much math.
I could be a lawyer because I can memorize stuff and such. However, at 38 I'm not going back to grad school again.
I currently own a business at a fleamarket that's doing okay.
It sounds unbelievable but 15 years ago before Amazon took off the place was PACKED. A lot of people who owned businesses there were taking home 200k in profits a year and they only worked 3 days a week. You saw a lot of high end luxury cars there back in the day. People making 200k a year for 25 hours a week of work versus others having to work 60 hours a week to make that same amount.
Not shocking about the radiologist. The hospitals need doctors down here. They have a hard time recruiting doctors in SWFL, especially young ones because of all the med school debt and the cost of living down here. Last year NBC2 did a story about Lee Memorial and doctor shortages down here because they have a hard time recruiting.
I have no doubt IT sales could make you 150k a year, especially a couple years ago at the peak of lockdowns when online sales were at their peak and companies were having to do massive upgrades.
Btw, I have a relative who retired last year at 52 from a privately held tech company. Their annual revenue is currently 14 billion and they have 7,000 employees. basically they supply cisco stuff to corporations all over the world. They were selling a lot to Amazon and Microsoft during the lockdown because they had to upgrade their servers. He was VP of their global supply product chain and distribution. Basically facilitated the contracts to those companies and traveled all over the world constantly. I never asked what his pay was, but would you say that's the type of job that could be pulling in 400k to 500k a year with bonus? He was with the company for 20 years. When he started he was hired as a director which currently directors there pays 150k a year. He held two VP positions before his highest, last one.
Yes he is probably making that much at a minimum. My son works for a Cisco reseller in ATL and although they are not a $14B company they have plenty of people making 150k plus and most of them aren't 40 yet. I am still in ATL and I know many friends and neighbors in tech that make $200+ with a few way more than that. There is ridiculous money to be made in the tech industry. Even in the 90's I knew a few guys that worked for the likes of Cisco, Oracle, SAP etc that made $250+ and they were barely 30 years old. They worked their butts off under alot of pressure but they made a boatload between salary, commission and stock options.
Yes he is probably making that much at a minimum. My son works for a Cisco reseller in ATL and although they are not a $14B company they have plenty of people making 150k plus and most of them aren't 40 yet. I am still in ATL and I know many friends and neighbors in tech that make $200+ with a few way more than that. There is ridiculous money to be made in the tech industry. Even in the 90's I knew a few guys that worked for the likes of Cisco, Oracle, SAP etc that made $250+ and they were barely 30 years old. They worked their butts off under alot of pressure but they made a boatload between salary, commission and stock options.
Many of the new tech zillionairs are involved in Crypto-Currency investing and that industry. IMO this industry is very risky and it could very well see a big decline. This would be bound to put a damper on home sales. Also the CPI number today came in at 7.9%. The tech companies stocks were overbought and that sector of the market has been soft. Interest rates will rise. IMO the economy could very well be entering a period of stagflation. Just saying now is probably not a good time to be loading the boat with risky investments. If a recession comes housing is bound to be effected.
Bye-Bye Bitcoin? 'Rich Dad Poor Dad' Author Sees US Seizing All Crypto After Biden's Executive Order
Many of the new tech zillionairs are involved in Crypto-Currency investing and that industry. IMO this industry is very risky and it could very well see a big decline. This would be bound to put a damper on home sales. Also the CPI number today came in at 7.9%. The tech companies stocks were overbought and that sector of the market has been soft. Interest rates will rise. IMO the economy could very well be entering a period of stagflation. Just saying now is probably not a good time to be loading the boat with risky investments. If a recession comes housing is bound to be effected.
Bye-Bye Bitcoin? 'Rich Dad Poor Dad' Author Sees US Seizing All Crypto After Biden's Executive Order
The tech stocks were definitely over priced but I think they are still the place to be long term. The crypto thing in my opinion is a house of cards that will implode at some point. If bitcoin/crypto ever gets to the point where it threatens a particular country's currency it will be outlawed or severely regulated in that country.
The CPI means nothing now with all the past gov't manipulation of that index. My opinion is that real life inflation is at least double the CPI number. Most items sold to consumers are up way more than 7.9% over the last year.
I completely agree with you about stagflation. I think the war in Ukraine and gas prices have pretty much guaranteed this will be next. Higher prices in a stalled economy.
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