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South Florida is not cheap anymore, but the amount of money pouring into residential and commercial real estate is mind-boggling. Miami is the epicenter, but Ft. Lauderdale, WPB, and Tampa have lots of new and expensive construction in progress and planned. The Miami area has the 3rd highest skyline and its growing fast with Ken Griffin and others moving their entire operation here.
Well sounds like you are pretty much stuck there at least until the son is done. I do love NYC and the opportunities it presents. I see some long subway rides in your future.
<Floridaadvocates> "SEE?!?" </Floridaadvocates>
Hoboken ain't cheap
I chose Hoboken from the list provided in the post to which I responded.
Jersey City, the livable parts, isn’t very cheap anymore either.
I wouldn't be surprised if Hoboken is not close .....
No COVID? (This is pure satire and nothing else)
Original or extra crispy? Sorry, got distracted.
No state income tax, beaches, enjoying 80 degree weather on January 25th, etc.
Dumb question—but have you replied back and spoken to your landlord since you got the email about the increase? As a landlord myself—I am very hesitant to raise rents too much to tenants that I know are good and take care of the property. If I have a good tenant—I am happy to charge them less than market value knowing that I can feel comfortable knowing that I have good people in my property. With that said—I don’t generally charge them “half” of market value. Nevertheless—putting a property back on the rental market is not easy for a landlord. There are lots of costs associated with restoring them back to a great condition for the next potential renters, marketing costs, commissions if the new renters come from a property management company or agency—and most importantly—the ambiguity of not knowing how responsible the next tenants will be. I would recommend communicating with your landlord about how difficult and potentially catastrophic such a dramatic increase like that would be for you and your family—and inquire if they have any sort of flexibility for a very long term tenant. Perhaps you guys can work out gradual incremental increases—or even work out a situation where you put some sweat equity into the property to offset some of the potential increases they are asking for. It doesn’t hurt to ask
Yep, it would've been hard for me to uproot my family once the kids got into a magnet high school that had some resources many private schools didn't have. Plus leaving friends and their school activities would've been hard.
As a Brooklyn landlord my greatest fear is vacancy. Any increase I would like to have is meaningless if I have to eat an empty apartment for a few months.
Down here In Birmingham or Huntsville that kind of scratch, even with ridiculous mortgage rates we have now, will get you a 3,000+ sq.ft. house in a nice neighborhood with top 5% in the country public schools, some of the best hospitals in the country (UAB), etc. My kids' high school is top 2%, just built like the 3rd biggest band room in the country, etc.
better come for a ride quick. I just gave myself a pay cut. One of them is getting sold. Roverkid living in NYC is expensive.
I look at it like May through September sucks, and I just try to be inside or go swimming. The other 7 months are usually pretty great, and I don’t have to deal with snow and winter. But to each their own.
Had the same thought, particularly compared to the state being advocated.
Wasn't sure how it worked...just assumed.
Post the reviews on TikTok for additional revenue streams.
And every backyard screened in so you don't get eaten alive.
Lived in So Cal all my life but had a job where our corporate office was in Birmingham. Couldn't believe how much house you could get for relatively little scratch. Looked like mansions to me, especially near where my co-workers lived (Riverchase Country Club). Then again, I walked 15 feet from my car to a frozen yogurt place and got 33 mosquito bites. There are trade offs.
No politics, pal!
