Is Florida Going Broke?

Subscribe here to join the Something Different community and be part of the conversation on modern American geography, economics, and planning
/ @somethingdifferentfilms

[@SomethingDifferentFilms]

Thank you for watching my video on Florida's financial problems, my next video which will look at your hot takes will be coming out earlier than usual. I would like to do a video on Florida hot takes eventually, so if you have hot takes on the Sunshine state please share them here.

[@AnthonyCoon-z5g]

Make a video that explains how Florida’s state government is going broke.

[@scullyjohn]

@somethingdifferentfilms Curious about the stat that Miami is the second largest urbanized area in the US? How is that calculated or defined? Population and land wise it’s much smaller than LA and Chicago.

[@SomethingDifferentFilms]

Here is the qoute "The Miami metropolitan statistical area is the second-largest urbanized area in the United States behind the New York metropolitan area.[4] It was the eighth-most densely populated urbanized area in the United States as of the 2000 census." It looks like they are basing this on the Miami MSA which includes most of Southern Florida (so it much be considering land size)@@scullyjohn

[@docbrown6550]

We all are goingbrokeunderJBN

[@scullyjohn]

Thanks for the reply! I found the quote in Wikipedia and its second longest not largest. 😊 easy to transpose those two. @somethingdifferentfilms

[@kortyEdna825]

More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.

[@KaurKhangura]

The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.

[@Justinmeyer1000]

This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.

[@foden700]

How can I reach this person?

[@Justinmeyer1000]

‘’Aileen Gertrude Tippy’’ is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.

[@foden700]

I checked Aileen up out of curiosity and i must say i am impressed by her Credentials. i emailed her already, waiting on her response.

[@formernorcal2530]

FL is a low wage state, with a high cost of living driven by retirees, remote workers importing their capital and wages from high wage locations like NY, Philly, DC Chicago, CA

[@ruck-a-tron]

Exactly, low wage and high cost of living is the best summation of Florida. It's even gotten worse in the last 5 years or so. Especially the rent/housing prices have gone through the roof. Most of the jobs here pay crap. I retired from the military in Florida, but I'm lucky to have landed a remote job. I worked at Northrop Grumman in Melbourne for a while and they pay decent, but the majority of jobs in Florida pay less than other states.

[@PolPotsPieHole]

@@ruck-a-tron Pay is crap everywhere, I live in Colorado and there is so much money here, but pay is crap. Oklahoma, where I also do business pays better on average and the min wage is lower in Oklahoma. The high minimum wage in Colorado actually takes money out of the hands of workers that deserve it.

[@ruck-a-tron]

That is true, but I'm talking about I looked at the exact same jobs with the same company and they pay a lot less here. I'm not comparing a tiny town out in the boonies, but like Orlando and Tampa and such. Compare them to a similar sized large city somewhere else, and the same job will pay less here. The cost of living here sure isn't lower though.@@PolPotsPieHole

[@bubbajones4522]

Florida is a low wage state for those who have no marketable skills to offer in exchange for a decent wage. Working at Disney or flipping burgers is not a skill worth paying a living wage.

[@Pokey-xp9gn]

Yes nothing but snow birds here.. with multiple houses...

[@arnisbrown5848]

As someone living in South Florida this was a good video but I was unable to finish it as I had to go to my 4th shift of the day to be able to afford the skyrocketing insurance premium.

[@Bradimoose]

You can drive by the beach on the way to your second job

[@RealCptHammonds]

BS

[@mdtaranto]

You don't even own a home, nor do you even work a second job, let alone four.

[@Gabber44906]

Move!

[@deeptoot1453]

Stop the cap

[@victorwilburn3498]

I just moved out of coastal Florida (downtown St. Petersburg) to upstate NY. Two major issues drove that decision. Runaway housing costs and the lack of diversified middle income (> $75k/year) jobs. Everyone cannot sell luxury real estate or operate a tourist focused destination hotel. The booming influx of wealthy transplants drove up costs and traffic. I DO miss living 5 blocks from the water/marina, but I DON'T miss the soaring costs and pervasive homelessness that is now normal there. 30 years later, no longer the affordable, sunny paradise.

[@Enginshim]

I live just outside of Albany. Beautiful place and so many more opportunities to get a job. I agree

[@SomethingDifferentFilms]

I mean to be fair wealthy residents buying second and third homes is even happening in places like Montana and North Dakota. It's just so much worse for Florida because the good jobs are so limited, and many of those wealthy residents are moving to the Sunshine state as their primary home (driving up costs across the board)

[@victorwilburn3498]

@SomethingDifferentFilms EXACTLY. The difference since the pandemic is the influx of wealthy transplants buying a primary residence there. In St. Petersburg, you also had a very impactful influx of digital nomads. At some point, a reckoning i IS coming for the disappearing middle income opportunity in America.

[@cullenpeterson]

I grew up just across the bay in Tampa, and I love my home town, but man it is HARD to live there as a working professional. My SO and I (she is a teacher, I work in tech) are in Chicago now and making nearly double what commensurate roles in Florida pay. Don’t get me wrong - I love my hometown and my home state, I certainly appreciate the politics more there - but even with much higher taxes I am coming our way ahead. Couple that with cheaper housing, higher wages, and the fact I hardly need to use my car here - the QOL is much better here.

[@Enginshim]

@@cullenpeterson starting salary for a teacher here upstate is between 44k and 55. Depending on the district. NYC and LI is a whole different beast but in Florida I met teachers in Jacksonville that make only 28k starting out. Is that true?

[@danmoriarty6901]

I recently moved back to New England from Florida. I am endlessly happy with that decision. Florida is essentially a corporation that needs to grow. Florida's economy is immensely bifurcated. You are either a multimillionaire with a G-wagon, yacht, and mansion... or your the guy on minimum wage serving that millionaire food or doing his landscaping. The heat is unbearable, absolutely unbearable. The car-dependenr infrastructure cannot handle the influx of people and for half the day the place is essentially. paralyzed. People love the "low taxes" but there is a huge cost in that. I taught college there and these freshmen wouldnt pass 9th grade in Massachusetts. The school system is awful. The teacher pay is abysmal. And with climate change intensifying... man Im glad i got out

[@robscoggins]

Climate change...

[@johnl5316]

We are glad when you out of state types leave. Thank you

[@SincerelyFromStephen]

@@johnl5316I’d be very happy to see more people leave Florida so the states electoral importance can shrink again

[@SincerelyFromStephen]

@metalhead6526 I’m fine with them losing influence as well

[@draneym2003]

​@metalhead6526Whataboutism...the last refuge of those who can't refute an argument.

[@jonathansmith336]

Absolutely. I live here and have been saying the same things for years. At some point, the growth becomes a deterrent, as the traffic and crowded restaurants, etc become a nightmare. It's one giant subdivision. Real estate prices are ridiculous for a "middle class".

[@obrianmorgan]

I was reading a community post in Pinellas County. People from out of state complained that there's a 3 month waiting list for an oil change. I asked them "How much do they pay people who change oil?" And what is the cost of living in this area?" Entire thread removed by page. 😂

[@darkgardener9577]

They already charge an arm and a leg for that.... I mean how much do you really want to pay someone for 15m of work?? 40...50 bucks?? Car services on basic maintenance is already an unaffordable ripoff. IF you spend the cost of 1 service on tools and the time of 1 service on youtube educating yourself you can not get F'ed in the pocket book and ensure your vehicle gets maintained on time and to standards going forward.

[@obrianmorgan]

@darkgardener9577 they don't want to learn.They want to complain. That's the problem. No one is going to drive hours into an overcrowded overpriced area they can't afford to live in for 15$ an hour.

[@darkgardener9577]

@@obrianmorgan Then they don't get a job and the lines for oil changes stack up. Sounds like a them problem to me. * chuckles in bootstrappy self reliance *

[@obrianmorgan]

@darkgardener9577 they moved here with pay scales higher than what Florida has. Stay at home housewives need their oil changed asap ! Now it is our problem, lol

[@meep2253]

@@darkgardener9577you know that a majority of Florida is retired seniors and also disabled people with limited mobility? Your comment isn’t going to help them.

[@alabamagirl2725]

I left southwest Florida. Been here off and on since 74. I had enough of the growth and went back home to Alabama. Florida is overrated. You don't get paid shit. It's too expensive.

[@jerryrichardson2799]

If that flow of people into Florida seriously slows down, the state will be in serious trouble. Florida has the 5th oldest median age, and 7th highest dependency ratio out of all US states. Florida has 9% inflation. New York, California, and Texas have lower median ages and somewhat lower dependency ratios, and lower inflation. Florida's problem in a nutshell, wages are always chasing the cost of living. The minimum wage in Florida is $12.00 per hour, it will go up to $15.00 per hour in 2026. A clue, if you aren't making about $20.00 per hour, or more, now, in Florida you can't live in most area of Florida. The minimum wage needed to live on your own in Florida in 2026 will be $25.00 or more per hour, i.e. minimum wage legislation in Florida has been outstriped by reality, already. If you get an offer to move to Florida for a job, make _certain_ that job pays at least $30.00 an hour to start, even that much isnt enough to live in some areas of Florida.

[@TatyanaMorena]

Born and raised in Central Florida for 28 years. At making nearly 60K a year I still can’t afford a one bedroom in a decent area. I can’t wait to escape this hell hole. Studio apartments that aren’t in the hood are starting at 1500. Car insurance $300 + due to all the transplants. I hate to leave the beaches but Texas/North Carolina/Georgia and even Alabama are more appealing at this point.

[@mef6660]

Try Palm Harbor: 1 mile to water, 2 BR house, $1,800.

[@salalbanese5537]

Great video, I hope no one else comes to Florida because of this.

[@StopStrugglingNow]

1. No state tax. How is infrastructure paid 2. Hurricanes, Water Damage. Can you get insured? Can you pay premiums? Can you pay for new roof and get mandatory flood insurance? 3. Property tax increases Meanwhile, ban books, change laws to help the rich. Dont carry about runaway prices of the top 3 mentioned. Unsustainable

[@leroybrown-coco]

Sounds like you need to pack, chicken little.

[@mef6660]

Unless you get books from child libraries, none are banned. Where is flood insurance mandatory?

[@StopStrugglingNow]

@@mef6660 citizens requires flood insurance and what do you mean by kid libraries? School and public libraries have book bans in Florida. You activily have people and legislature trying to ban books. Google is your friend

[@Rainy_Day12234]

There are more means for tax revenues besides income.

[@StopStrugglingNow]

@@Rainy_Day12234 Please name them, this is why real estate taxes have to up. Sales tax, vehicle registration tax, there are a limited number of sources, therefore each of the sources will have to increase.

[@Chattanoogavet]

I grew up in Florida, could never get ahead there. My family goes back 100 years there. The wages are bad. Got money but will never live there. Sick I have to visit it, my kids and grand daughter lives there. Its unreal how it chained.

[@chriskastelic1491]

Am I missing something? Miami, "the second largest urbanized metro area in the US?" That cannot be right. (8.00 min)

[@tradeprosper5002]

I did a double take as well. Top 3 still look the same in 2024: 1) NYC 2) Los Angeles 3) Chicago

[@Windward2020]

Reading through a lot of comments. I love it here. Appreciate and understand everyone’s perspective. Been 40 years. You have to have a plan. I would never leave.

[@larrydugan1441]

We live in Stuart FL. It was a charming place. Massive growth has made it much less pleasant. Traffic is terrible now.

[@vinnie8495]

Florida going down hill fast. The crime too is ridiculous. I moved to Utah and couldn't be happier! Utah is also the 4th safest state😊

[@Grtdprsn_herewecome]

Utard. ??

[@Steve_in_NJ]

I vacation in Fort Lauderdale-Pompano Beach area every year. Was looking at home prices to retire in a few years, and whoa! It's cheaper to stay in NJ! I live in the southern part of NJ, where there's still a Garden State and even if our farmlands are turning into homes and roads are getting crowded, it's not as bad as Florida. Homes here are affordable and my insurance expenses are 1/3 of what I would have to pay in FL!

[@misterwhipple2870]

I used to live in Fort Lauderdale, and I would be tempted to agree, but living with Tony Soprano and his paisans is not worth it. I would not live in Pimp - uhh, sorry, Pompano Beach if you paid me.

[@acmecompany]

We are leaving asap, high utilities, high insurance, high taxes, constant construction, overcrowding.

[@royhobbs2425]

I moved to Clearwater FL 12 years ago from Philadelphia area. Bought a house 5 years ago for 300k that's worth 500k plus now. I'm 10 minutes from Clearwater beach. I make @ 75k a year my wife makes $40k. My taxes are half what they were in Bucks county PA . I locked my mortgage in at 3% when I bought my home. I love it here

[@margaritayavila7455]

No honey!!!! Many millionaires live in the Sunshine State, it's never going to be broke!!!! Data shows many snow birds have a vacation home at this wonderful and successful state.

[@mike-uw6wt]

lol the millionaires made their money in other states. Florida is low pay.

[@davidwelty9763]

Florida has a AAA credit rating. Higher than New York and California, it also has less per capital debt than those states. Florida will be just fine.

[@seanportgee2002]

One word, "Insurance"

[@marknewton6984]

We will survive this one too.

[@cheetahman859]

We sold our house in Orlando last year, and go the hell out of Florida. We got 3 times what we paid for the house, and we got a house in KY outside Lexington twice the size, with a huge yard for less than what we sold for. My taxes are much lower and most importantly my home insurance is a 1/4 of the cost that I was paying in Orlando. I was beyond fed up with all the tourists coming there with their bad attitudes and behavior along with their brats who were allowed to run wild like animals. I'm actually able to afford to go to the grocery store again, so no more paying tourist pricing at Publix which is a horrid store for many reasons. The homeless problem has already started in Florida, in a year or two it will look just like CA , WA or NY. Florida is a hell hole.

[@jasonknight5863]

So you are in the extreme minority. You are criticizing a state Florida that blessed you with a lot of money by you having a home on it and making big money and moved to a dump that is Kentucky. 😂 who on earth would want to visit Kentucky. But I guess you like that feature. Same with Wyoming and Alaska I guess. Nobody would willingly choose to live in Kentucky. Does it really matter if your home owners insurance is 1/4 of the price in Kentucky versus Florida ? When you don’t have to pay state income taxes in florida ? That matters to big earners a lot! And the middle class. It would only matter that home insurance is less in Kentucky if you hardly earn anything in the first place and can’t afford to shop in a Publix grocery store. I guess…

[@cheetahman859]

@@jasonknight5863 Life must be hard for you, either you're trying extremely hard to be a f'ing moron, or it's natural. No, I'm not the minority at all, when we put the house up our realtor told me his last almost two dozen homes listed were all people who were moving out of Florida as they had had enough as well. People actually do come here to visit, but you clearly didn't read what I wrote with any sort of comprehension. I'm sick of tourists, so why would I possibly want to move to a place that had them? Take as long as you need to understand that... I'm sure it will be weeks.. If you don't understand it, go find an adult perhaps they have crayons and paper to draw you pictures. My taxes are less, my insurance both home and car is less, no need for $1250 flood insurance.. and I have a house twice the size sitting on twice the land... But do go on telling me how it's not better,......LOL, No State income in Florida, what a crock... You pay more for everything and need a permit for everything. Spare me the BS... Income tax in KY is 4.5%, and is being phased out.. But guess what Pumpkin, my registration is less, I didn't need a permit to fix my fence, or my house in any way unlike when I lived in Florida and them knocking on my door. So over all I still pay less here even with their little 4.5 % income tax. You clearly have no clue.. none. What a shame your mother didn't swallow and spare society you...

[@mef6660]

Within 1 mile of Publix I shop at shop at 5 other large and small grocers.

[@michaelmarlow6610]

As someone who’s born and raised in fort Myers it’s really become the poster child of how retirement goes in Florida. Many of the recent retirees who came down here are leaving to go to other states because the taxes are low but the cost of living is damn near NY levels but the pay is more like Mississippi. When you look at jobs it’s always 15-19/hr or 75-90k and no in between mid level jobs for people to be able to afford a family. The constant rolling over for every major company has only further increased the damage.

[@johnjunior22]

Most people in Florida are visitors. One of the most beautiful place on earth.

[@marknewton6984]

Paradise

[@draneym2003]

Wait, so these tech bros left Seattle, SF and Portland in ruins because they just take and take and never put any money into the community, but Arizona and Utah think it will work for them?

[@jimmydavis4735]

Masterful Commentary you have the Pulse of Florida

[@tomwalker779]

High prices and skyrocketing insurance costs

[@peterhertzog007]

The question is why is Florida allowing its public in state parks to be built with golf courses and hotels to bring in more tourism rather than protect the natural habitat.

[@Staurcomb]

Republicans dont care about enviornmentalism, only making money

[@jamesleonard4713]

It's funny, because as one of the few Floridians my age (most people are transplants from somewhere else) 55. The amount of higher paying technical, manufacturing and investment jobs, has never been higher than it is right now in Florida. Space X and the hundreds of rocket launches a year we have now, is a good example. The amount of Manufacturing in Florida, especially in Tampa and Jacksonville, has dramatically increased. I think this gets overlooked, because of how many people are now in Florida and the fact that Tourism is still by far the largest industry. I would add though, that because of the tourism industry, Florida is by far one of the best places in the world for starting small businesses. Yea, all those small businesses do create lower paying service jobs, but on the flip side, there are a lot of small business owners that make upper middle class income. If you are a go getter, willing to make the sacrifices to start a business, there isn't a better place to be. I will agree though, that inflation and the insurance issues in Florida are a huge headwind right now. Something has to be done.

[@realestateinfonet9041]

Very informative! Thanks!

[@AnthonyCoon-z5g]

You should have addressed the states awful finances

[@SomethingDifferentFilms]

While there are very long term concerns for a state where spending is going up faster than income, it's certainly not a current problem, and Florida is one of the few states that could increase revenue with little effect to it's population and business base.

[@stp982]

or the foolish immigration law that is hitting hard all three of your top industries@@SomethingDifferentFilms

[@cheetahman859]

@@SomethingDifferentFilms LOL, except it is a current problem. How can they increase revenue with no affect on its population and businesses? I just moved out of Florida and they have a fee for everything. If you even look at them it cost you. My business is still located in Florida, so I'm well aware what I have to pay for. There's no State income tax, so in order to raise revenue they would need to raise the cost of everything in the State from DL renewals to business licenses to annual filing fee's. So yes it would in fact affect the populace.

[@diodelvino3048]

is this a bot generated comment or something?? It is a current problem, it has been for the past 5 years and has gotten significantly worse the before. Increase in revenue doesnt mean anything when it isnt going towards increased pay for the population. @@SomethingDifferentFilms

[@GeorgeP-uj8xc]

You made some good points about Florida's lack of diversified economy but you never mentioned who's actually moving into the state now. While it was retirees fueling the growth for the last 50 years, the new residents moving in are by far mostly you g professionals and families. This is the type of consumer and worker that is needed to diversify an economy in the first place and we can already see that with the rapid growth of wages in Florida compared to the rest of the country.

[@Raymond-l4w]

Florida use to get ALL the revenue from alcohol and tourism. Now , it's a wide variety

[@author]

Florida going broke? That's a lie! I've lived here 44 years. Nobody - not even the doomsday news-people have ever conjured up a lie like this. I have a brother who still lives in New York. Now that's a place that's going broke, AND, falling apart,

[@6gredlite907]

Especially when businesses are coming from out of state. They come to florida for cheap labor. It's very exploitation.

[@outstretchedwings]

Floridian here. Looking forward to the next bubble bursting, maybe then I'll be able to afford to a 1/1 near my work

[@CIaude]

isnt it fucking insane how expensive shit is here?? even the shitty new-construction single-family homes from DR horton & Lennar are going for $400k+.... like who in the hell is paying these prices for such a poorly built home in a cramped community with zero privacy 😂😂

[@jerbear7471]

Housing market is the issue. Allowing investment companies to buy all the properties and then increase housing costs. Also home insurance issue with all the insurers leaving the state

[@crashdsnowman1]

People in the lower middle class (including retirees) need to stop moving to Fla just because the THINK it's great to live in the warm weather. Homes on the east or west coast are very expensive compared to the area above Orlando and the homes in the Keys are completely out of reach of most.

[@vectorhacker-r2]

That shot of Disneyland at 4:47 kills me cus it's Walt Disney World in Florida, and that's not even a shot of Disneyland in Anaheim, CA. That's Disneyland Paris.

[@the_rubbish_bin]

With so many workers being priced out of FL, who will serve the wealthy?

[@jasonknight5863]

Who cares ?

[@diodelvino3048]

Lots of places in service industries are struggling to keep up , they cant hire anyone since the pay is way too sh*t compared to the cost of living. Lots of buissness are trying to hire more minors because of it.

[@bubbajones4522]

So many unskilled workers being pushed out. There will always be a place for electricians and plumbers who can easily make a living wage. For those who have no skills to offer other than flipping burgers or checking receipts at Walmart then that's on you for not investing in yourself.

[@XANSEM]

@@bubbajones4522and it will be on the wealthy when wait times for everything they want is so long cause no where has enough staff

[@misterwhipple2870]

Illegal immigrants, who else?

[@bvsitephotos5189]

Absurdly high property taxes, recently jumped-up to the stratosphere, in all of Florida's counties, if left unchecked, is going to make all Florida homeowners go broke.

[@tonieplacide-oy4xx]

You haters wish my beautiful florida to be broke 😅😅😅

[@BarrierIsland]

Approaching 25 million in population, Florida is not going broke and is the most solvent state in the Country. We don't want to rely on the microchip industry as that is a boom or bust. Tourism, Aerospace, Space Force, Technology and over 150 million visitors a year paying sales and bed tax. We're just fine. It's true that you really can't live here with less than a net income of $5,000 per month. There are cheaper states with less to do. We have everything here...

[@tonykennedy1615]

Florida real estate is in mid collapse apparently. Unaffordable. Unsustainable.

[@ohkay7418]

When Disney leaves then it will go back to the swamp it was always supposed to be

[@Staurcomb]

lets just move 54 square miles of theme park, sure!!!😂

[@YoungDreezee]

you said Miami has the 2nd largest metro in the USA? Thats not true.

[@BK_718]

💯 It’s LA after NYC

[@RonaldoSanchez-g1y]

One thing the metro city transplants don't realize in Florida, you will need your car for everything. There is zero public transportation outside of Miami or Sarasota or Orlando inner core districts. I'm not saying the occasional bus doesn't ramble down A1A, I'm saying you will be in the car all day long running your weekend errands. LIke it or not.

[@mef6660]

Weekday errands and beach days work for me.

[@thesilentgeneration]

It won't be long before the weight of population will destroy the state. The military brought me to Jax, Florida in the sixties. No way I could live there now on my $22,000. The first house I bought there in 1968 cost $11,500. Today it sold for $350,000. The way America is going now, I am glad I moved to the Philippines.

[@jameswaters3939]

Florida's weather is not nearly as nice & sunny as is stated. Most mornings are clear blue, but by noon, the thunder cumulo-nimbus clouds are already looking ominous and by 2-2:30p, the flood gates open with mass lightning & thunder ... almost daily, between March and November. No lie. If you want big sunshine and few thunderstorms (*and bugs) go west of the Rockies. I followed Horace Greeley's advice when he wrote, "Go west, young man". Smart move for me. You instantly become a "transplant", which has a subtle effect on well-being.

[@brennt1]

Also, May thorough October is insanely hot and humid, so you'll be indoors in the AC most of that time. Then you got the hurricanes which can be very stressful and continue to push insurance rates through the roof.

[@sitdowndogbreath]

I lived out west I don't know where you are but when you have seven states and one country dependent on one river the Colorado River by the way That's not smart nor healthy or sustainable

[@jameswaters3939]

@@sitdowndogbreath Okay - good points. One thing I've noticed on the west coast is that thunderstorms are rare, ... very rate.

[@bubbajones4522]

South Florida has a rainy season. News flash.

[@jameswaters3939]

@@bubbajones4522 you left out ... 'most of the year'.

[@JamesSmith-ey7vc]

Is this Andy from "Wrestling with Andy"?

[@katme8055]

Billions will move out of Florida. Unaffordable

[@martinespinosa9932]

This is very accurate, too much competition, low labor wages, illegal, uneducated, and barbaric immigrants flood our streets, traffic is horrible, yes the gap between the middle class and impoverished and ultrarich is widening by the minute. The only way to live good in Miami, Florida is to have a global business income, local is risky.

[@nyariimani7281]

I live in Florida and it's great here. It is true that rents have gone up a lot in the last three years in a way that feels wrong. Salaries haven't gone up nearly that much. Here people think people are moving here for the sane Covid policies. When other states lock down again for the election, Florida will be handling it intelligently instead.

[@austingotdam]

Stay woke 🎉

[@mondoseguendo6113]

😂😂😂😂

[@SomethingDifferentFilms]

My focus here, is on how Florida's signifigant rise in population and extreme rise in cost of living has become almost unsustainable. There are many reasons that American's choose to live in various places, there are people who live in California for the weather, New York for access, Texas for culture, or the midwest for family.. However I believe that infrastructure, economy, healthy population growth, and affordability are of the most important factors to most people.

[@austingotdam]

@@SomethingDifferentFilms this reply sounds so Ai generated and not original. No soul.

[@bigseff23]

​​@@austingotdamI'm a life long Floridian. His comment is 100% not true. This place has turned into a urban sprawl shit hole

[@Cat-bg2ge]

Biden gave us an $78 raise, the highest raise for senior's from any president, immediately rent's were raised, the utility company's raised their rate's. I ended up with $1.00

[@TheTroyc1982]

Most Canadian provinces are growing faster than Florida. Florida grew by 1.9% in 22, 9 of 10 Canadian provinces have a faster growth rate than that, 6 grew above 3% from last year to now and Alberta grew by 4.1% in the last year

[@kwacou4279]

Who cares about Trudeauville. I guess Canucks can't afford to travel to Florida for the winter anymore.

[@monstermj7]

Florida is limited on housing, is would be growing much more but there is not housing available

[@rtgp2.0]

Immigrants

[@richardgreen2200]

Hence the millions of tourists and retirees flocking to Manitoba and Saskatchewan. Ummmm..... NOT - When next to no one lives in a place, it doesn't take much to significantly 'boost' the growth rate. If some town has 1000 people and six or seven more housing units are built bringing in 50 more people, it will have grown by 5%. A similar rate of growth in Miami-Dade equates to another 125,000 people, 100,000 in Broward, 75,000 in HIllsborough. Comparing Florida to Canadian provinces is like comparing Tokyo to Topeka.

[@urbanurchin5930]

@@richardgreen2200......and besides....who wants to live in a frozen tundra for four solid months in the winter ?? ......no thanks......

[@mikkiking2930]

I could not imagine working 3-4 jobs and paying The MOST EXPENSIVE INSURANCE ON HOMES JUST TO LIVE IN FLORIDA… anyone could live elsewhere without such drudgery … you would Have a life ‼️😊

[@corneliuswowbagger]

West Virginia is not in “real crisis”, but is attracting industry in places and remote workers in rural areas!

[@johnmetz1158]

To much storm damage every year, Cost way to much to rebuild

[@sickofthissh]

Don't forget we live on a huge sand bank. Sand is an unstable substance. Cry that an apartment sank in the sand and investigate.

[@thatguy5494]

I don't think so 🤔 these are Guess so I can't tell you

[@SomethingDifferentFilms]

I didn't make any guesses in the video thatguy

[@thatguy5494]

@@SomethingDifferentFilms what about Georgia I heard it's cheaper there to now

[@bgregz]

Whoever thinks that Florida is the greener pastures.. lmao.... I hope it is for you. I really do

[@rachelreno3287]

This narrator completely is ignores the main driver of population increase in recent years. That being sane people fleeing high tax, drug and crime infested woke democratic sholes. They will work their issues out, as they always have, with an increasingly sane population

[@montanaminck2226]

FLORIDA is not going broke, I AM GOING BROKE LIVING HERE...

[@archangele1]

I know what you mean. Yea, no state income tax but everything else more then makes up for that. And the increases in every other fee as well as insurance rates hit the lower income people the hardest. Another thing is that all these so called low tax states like Florida have horrible infrastructure which, in my case also costs me more due to a huge increase in car repairs due to the car being beat to death by the horrible roads.

[@alejandrosalazar2110]

😅😅😅😅

[@randalln.587]

YOU ARE NOT KIDDING. I GREW UP IN HOLLYHOOD/FT. LAUDERDALE AREA FOR 55YRS. GREW UP HERE. THERE WAS NO WESTON. THERE WAS NOTHING WEST OF FLAMINGO RD. ONLY HLWD SPORTATORIUM. GREAT ROCK CONCERT AND DRAG RACING. NOW ITS OVER RUN WITH TRAFFIC AND MORE TRAFFIC. HOUSING AND RENT IS NUTS SINCE COVID. A HOUSE THAT ONCE WAS 200K. IS NOW 500+K. SOON MANDATORY FLOOD INSURANCE. EVEN IF NOT IN FLOOD ZONE. PEOPLE ARE MORE RUDE THAN EVER. PEOPLE FROM BLUE STATES COMING HERE. THEY CAN'T DRIVE WORTH A SHYT. LEFT LANE MEANS:: ( ( I KNOW WHERE IM GOING.. GET OUT OF MY WAY. )). I WAS THINKING OCALA AREA. BUT THATS WHERE PEOPLE FROM CALIFORNIA WANNA LIVE.. SO IM THINKING NORTH GA. OR TENNESSEE.. HAVE A GREAT EFFN NIGHT. 😅😅😅😂😂

[@Randy-st9lb]

you aint never lie! been here since 2022 and my money just leaps out my pockets

[@randalln.587]

@@Randy-st9lb aint kiddin

[@ruck-a-tron]

I live in Orlando and I was damn lucky to have bought my house a few years ago, just before the interest rates went up. The rent and housing prices here have since skyrocketed. The jobs in large cities in Florida pay a lot less than they do in similar sized cities in other states. I am also lucky to be a remote worker for a company in DC. It is stupidly expensive here now and I don't see how most people can live comfortably anymore.

[@Patrick-yh5yd]

Orlando is busting with money it taxes the tourist for. nd Miami building a 100 story hotel?

[@ruck-a-tron]

There are tons of toll roads too. They get us all with those. It takes forever to get around during rush hours without taking tolls. When I used to work on site, it would take about 20 min extra each way without using toll roads. They tax the crap out of everyone, residents and tourists alike. The roads are crap so I'm not sure what they do with the toll money.@@Patrick-yh5yd

[@endofsociety]

Be careful. Lots of people are being called back to the office and most companies are doing away with remote jobs. So people in florida are starting to panic because they can't sell their homes and need to move back to their home state where their office is.

[@ruck-a-tron]

That would suck. I'm lucky because my work has a branch office about a hour drive away if it came down to it. Or I could go back to work at Northrop Grumman over in Melbourne. That hour drive each way sucked, but it's better than being out of work.@@endofsociety

[@josekanucee1428]

Tampa homes tripled in price. Wages did not.

[@isaacbrowning5871]

My family has lived on the gulf cost for over a hundred years. I've always thought that we were screwed if we didn't bring industry of some kind. What I've seen happening here is that the people who's family's are from here became wage slaves working in service and the people moving here who have the money and education are grabbing most of the best jobs. The people who were raised here are now at a point where they can't afford to live and the people who work multiple jobs are working themselves into the ground just to pay rent.

[@richardwildlife88-wj6kl]

That was my life, I left Florida right at the beginning of this mess in 2016. I am in Kansas City, Missouri and although its freezing cold, I'm in such a better socioeconomic situation.

[@diodelvino3048]

its insane how hard it is to find afffordable apartments and jobs anywhere. Looking to move to Columbus, OH @@richardwildlife88-wj6kl

[@bubbajones4522]

I think you have the view of a long term Floridian who can't or won't adapt to the skilled labor market. Earning a living wage in Florida is easy if you just invest in yourself and get a skill that provides value to the economy. Flipping burgers or checking Walmart receipts isn't a skill worth paying a living wage.

[@richardwildlife88-wj6kl]

@@bubbajones4522 all skills pay low in Florida bud. You don't live in Florida. Troll elsewhere.

[@isaacbrowning5871]

@bubbajones4522 sir my house hold income is 35k about average for my area. It's all well good to say adapt and you will be fine and on a individual level sure. Out compete everyone and you are good, unless you're one of the people who live in a sea side town with no industry except tourist. Or you live in a agricultural area and your wages have stagnated because it's cheaper to get someone with a green card to do it. The problem is most people don't make shit and the average is being pulled up by people who make a lot, the middle is shrinking and its floridans who tend to end up working in service jobs and struggle to make it in the middle class.

[@coreynvaughn]

I sell insurance all over the country. The rates there are enough to make me never want to move there.

[@Bradimoose]

High rates = high commissions

[@Soundsofthewood]

The car insurance is not that bad. Business insurance is horrible.

[@scotttardif763]

:​@@Soundsofthewood: have to disagree re: auto insurance. Years ago it was cheaper to insure in FL as opposed to MA.Not anymore. MA has auto inspections,not FL. MA REQUIRES BI and UM in addition to PIP,not FL. The only edge FL has is no excise tax on your vehicle. Watch for a auto insurance crisis next for FL....

[@Wes-x9p]

The rates should be at least 3 times higher.

[@d.williamparris2516]

We want less people to move here so maybe that's the good part. And I don't know about y'all but full coverage car insurance is way more now than it was pre-covid, mine doubled for no reason.

[@Puzekat2]

We are the private equity trust bubble. What is worse, Florida State government has mismanaged money for 12 solid years.

[@coolerkittycattoy8795]

I live in Palm Harbor, Fl and am looking to leave as soon as possible. It is impossible to live well due to the prices and the traffic has gotten awful. There are people begging at the strip centers. Used to be good here, but no more.

[@Wes-x9p]

Boo Hoo Hoo

[@mef6660]

Across the nation, 2% of homebuyers searched to move into Palm Harbor from outside metros. New York homebuyers searched to move into Palm Harbor more than any other metro followed by Washington and Chicago. 70% of Palm Harbor homebuyers searched to stay within the Palm Harbor metropolitan area, according to redfin.

[@fash11561]

me too

[@jamesdavidson7495]

I feel like everyone is missing the fact that less and less people have pensions and or are well prepared for retirement. If you consider that and the age distribution/demographics of the population in states that traditionally send folks to FL to retire, the FL property market is in for a very rude awakening. When people are not moving there, the housing market and economy will collapse. So much of the economy is based on construction and real estate. Then you throw climate change in the mix.... I'm 43 and looking down the road 20 years and planning on retiring to the areas people are leaving now, MI, WI, Upsate NY. Those will be the boom areas of the 2050's.

[@x77punk77x]

Interesting - wonder if Gen X / Millennials could be the inverse of Boomers during/past middle age in interesting and hopefully positive ways - retiring away from Southern/Southwestern extremist GOP strongholds, settling into urban renewal/renaissance zones, being pro-worker instead of benefiting from exploited labor, etc.

[@Comm0ut]

Go for select areas of the Midwest because the Northeast taxes will only increase and are a big part of why I left long ago. The middle states (Carolinas, GA) are steadily expanding and the inland areas are VERY affordable. Even SC has a skilled worker shortage.

[@brewcrew2221]

Rural Michigan, Wisconsin, Upstate NY are beautiful but you have to consider healthcare. You can live up there but its going to take you an hour to get to the hospital, if you need an ambulance it could take even longer

[@marknewton6984]

Snow.

[@ViJt-oq5nq]

In highschool they handed out a phamplet saying half of Florida would be under water by 2025. Looking forward to mother nature giving me ocean front property in Orlando next year.

[@kaitlyncranwick]

The fact that there is already an excessive amount of demand awaiting its absorption, despite how everyone is frightened and calling the crash, is another reason why it is less likely to occur that way. 2008 saw no one, at least not the broad public, making this forecast, as I'll explain below. The ownership rate was noted to have peaked in 2004 in the other comment. Having previously peaked in the second quarter of 2020, we are currently at the median level. Between 2008 and 2012, it dropped by 3%, and by the second quarter of 2020, it had dropped from 68 to 65.

[@BiancaSherly-qt6sb]

Investing in both real estate and stocks can be prudent choices, particularly when backed by a robust trading strategy that can navigate you through prosperous periods.You're not doing anything wrong; the problem is that you don't have the knowledge needed to succeed in a challenging market. Only highly qualified professionals who had to experience the 2008 financial crisis could hope to earn a high salary in these challenging conditions.

[@maryHenokNft]

I wholeheartedly concur, which is why I appreciate giving an investment coach the power of decision-making. Given their specialized expertise and education, as well as the fact that each and every one of their skills is centered on harnessing risk for its asymmetrical potential and controlling it as a buffer against certain unfavorable developments, it is practically impossible for them to underperform. I have made over $745k working with an investment coach for more than two years.

[@maggysterling33254]

@@maryHenokNft Do you mind sharing info on the adviser who assisted you?

[@maryHenokNft]

Definitely! All of this happened in less than a year after *gertrude margaret quinto* told me what to do. I started with less than $100,000, and now I'm about 17,000 short of having a quarter million dollars.

[@StellaMaris-lv2uq]

Thanks for the advice. The search for your coach was simple. I investigated her well before using her services. Considering her résumé, she appears competent.

[@zeke5491]

I moved to Florida in 1980. Rent was $350.00 for 2 bed apt. Built a house for $54,000 in St Lucie. I noticed the never ending expansion and figured everyone in America wants to move to Florida. In 2000, I got out. It’s so bad now, I wouldn’t consider moving back unless I hit the lottery, and even then I would be a snowbird

[@waleyefish9026]

And when 22 Million people want to leave at the same time it becomes a nightmare state.

[@dennistyler9852]

Snowbird is only way I’d live there.

[@victorsong8416]

@@dennistyler9852 I'm a Floridian. We hate snowbirds. STAY where you are, we don't want you, nor like you. And... Don't get arrogant, you are using more infrastructure and create many other problems and hardship than you're bringing in. Snowbirds are a lousy BURDEN.

[@seanthe100]

​@@waleyefish9026most people move to different parts of the state

[@TheBanjoShowOfficial]

You fucked up lmfao, you lost so much valuation on your home

[@rocaverde2829]

As a Florida resident I don't know if the state is going broke, but if that is the case it is certainly not because they are not collecting enough taxes from me. From property taxes to relentless addition of Toll road, etc. etc.

[@richardkrueger9097]

Were not broke the media has a lot of misinformation. We actually have a 9 billion dollar budget. and building is out of control = more income for the state. I'm in Citrus, and we have things staying the same, for five years now. If you live on the water you shouldn't complain about the taxes, or insurance. You have other choices, and will get premium for your property, if you decide to sell....

[@richardkrueger9097]

Now that we have Disney under reigns, well have much more monies for the state....

[@richardkrueger9097]

And don't use the tolls, unless you have to. I travel Florida, and won't pay to drive on crappy roads. I WAZE my way through the country, and enjoy the ride, and have less chance of an accident.

[@StephenSepulveda]

If the rich would have the sense to know when enough is enough and take money out of their pockets and stop trying to get richer and richer for the sake of being richer. Then the state could survive with paying people great wages, and have affordable housing but because everyone’s so damn greedy, enough is never enough.

[@SomethingDifferentFilms]

Greed is a huge problem across the United States, just look at how corporate firms have influenced the massive leap in home ownership costs over the past five years alone. It's especially problematic in Florida, due to the corporation friendly environment that tends to leave small business behind while offering very little in the way of middle class employment.

[@JohnVKaravitis]

Wàaàaaaa!!!!! WaaaaAa!!!!! THE RICH SHOULD STOP BEING SO SUCCESSFUL!!!!!!

[@cheetahman859]

@@JohnVKaravitis Absolutely not what was stated.. but do go on with your bootlicking..

[@matildesantos4215]

Blaming the rich for your failings is so cliche. Get some skills and a good paying job and your life will improve 100%

[@matildesantos4215]

​@@JohnVKaravitis😂😂exactly

[@Scrap-dog8181]

Born and raised 57 years on Palm Beach County and the North Eastern people that have moved into the area have essentially ruined the area. The area is not built for the population. The roads are now over crowded and the housing prices are outrageous. The same reason these people left there home state and moved here they have brought here. Loud, angry, obnoxious, not friendly, always in a hurry to go nowhere. They will honk the horn if you wait 1 second after the light turns green, the people from the south only blow the horn to say hello to someone. This is the South and we are Southern. So, when in Rome...

[@ovidiugarbacea9498]

If you are retired you do not honk the horn, if you have 3 jobs and hungry kids…you do!

[@floridaman4073]

Florida Orlando south is not the south, never was

[@leaf1131]

Florida: buggy; muggy; druggy; thuggy.

[@marknewton6984]

Plus, no snow!😮

[@richardkrueger9097]

@@marknewton6984 And no income tax, and no tax on baby items, and half back if you use the tolls everyday. and 1000,00 bonus for first responders every year. Sandy white beaches, great fishing, easy camping just call in where you want to camp, and Florida sends you a gate code. no pistol permit, and you can defend yourself and your family here. And we have three seasons here.

[@klincos]

@@marknewton6984 move to Colorado. Same as FL but with snow.

[@dbrice71]

I'm 52 and was born in Miami and spent most of my life here except my 20's when I lived in Asheville, NC. I came back to take care of my mom, ended up having 2 wonderful girls. Now since thier adults, I can't wait to get out of Miami and Florida. It's a hell hole.

[@MB031]

Miami is a shit hole, Naples is better.

[@rgr1283]

Miami is the worst!

[@kathleenbueter1272]

I see how you feel. I am 79 years old, and I’ve lived in Florida all my life and absolutely horrified at the growth and specifically the crime increase

[@thedude2867]

I live in Chicago, I would NEVER move to Miami. It doesn't feel like an American city and has no soul. There is nothing really interesting to do and there are way too many New Yorkers. And the traffic is horrible.

[@jasonlee8156]

@@thedude2867 Chicago doesn't sound like Paradise either. You have a stupid mayor there who doesn't do anything to tackle the issue of high crime there.

[@guilrito8127]

But if any of these problems where in California you know they’d be blaming “liberal policies”

[@EmilyTienne]

Exactly. LOL.

[@JP-iq7pu]

Not even a close comparison.

[@draneym2003]

Of course they conveniently leave out the part where Google, Tesla and Facebook take massive tax breaks, the real estate market skyrockets and it doesn't take much to wind up on the streets once you lose your job. But nope, it's liberal policies to those geniuses

[@elpepinazo7801]

I just got out of there and I will take Florida, in California things are worse. I am paying now in JAX, $3.27 for a galloon of gasoline. In California is about $ 6.05 at a cheap station.

[@matildesantos4215]

Hardly a problem in Florida These are economic cycles .California has major PROBLEMS affecting everyone: vagrancy, increased crime and lawliness,homelessness, chronic out of control shoplifting , drug abuse crisis , insanely high taxes and communist politicians .These are just some of California's man made problems

[@icysurfer1]

Florida is a nightmare for some, a paradise for (a very) few.

[@marknewton6984]

Paradise, and I am not rich!

[@gregorylyon1004]

I left Florida 20 years ago and never looked back. Low wages and poverty. I can earn a higher wage in Michigan and own a home for 1/3 the cost of Florida

[@marknewton6984]

But you are in Michigan and snow.😮

[@gregorylyon1004]

​@@marknewton6984 Yes I am in Michigan. But we have zero water restrictions statewide. I can run water all day long. And no sinkholes. No hurricanes. No tropical storms. Affordable house insurance. No heat waves at 110 degrees all summer long. No fire ants . We have snow. Colder winters. Cars that rust out.

[@marknewton6984]

No perfect state. I just don't like snow. Peace.

[@kris_5]

Wages suck. Most of the economy is low-pay, dead-end service jobs. There is no middle class to speak of. Only people barely getting by, doing menial work for the folks who have their second or third home in FL. Oops, I meant "primary" home in FL, so they don't have to pay state income tax where they actually live. Property taxes and home owners insurance are outrageously expensive, and go up every year. Housing - home prices and rent rates - are not the bargain they used to be, especially considering the low wages most workers here make. Drivers are awful. I know people say that about drivers everywhere, but drivers here are next-level stupid (and tons of them are uninsured). Groceries are costly because of Publix strangle hold on FL market. Traffic used to be bad during "season". Now it's awful year-round.

[@bubbajones4522]

Wages suck for unskilled workers. There will always be a place for skilled electricians and plumbers who can easily make a living wage. For those who have no skills to offer other than flipping burgers or checking receipts at Walmart then that's on you for not investing in yourself.

[@aw7178]

The Best Is To Be Rich or To Live On WELFARE (!!)👹👹

[@bigseff23]

Life long Floridian. I'm ready to get out of this hell hole. I can't stand all the sprawl and traffic

[@Enginshim]

My dad is in Homossassa. He likes it there because it wasn’t really built up. Now that they extended the veterans highway, it is like people are only now realizing that his slice of Florida exists.

[@SomethingDifferentFilms]

As the more traditionally popular portions of Florida fill-up your going to see more and more excess growth in small (traditionally quiet) communities

[@markrichards6863]

Where are you going to move.

[@bigseff23]

@@markrichards6863 probably somewhere cheaper and not as hot. West Virginia is nice. Or maybe northern Alabama

[@jasonknight5863]

Problem with “life long Floridian “ is you think grass is always greener on the other side. News flash it isn’t. Only much higher income taxes that eat into your take home pay and shoveling snow as a pastime will take up your past time. I should know I have lived in many different countries and states in the us. And florida all round is the best one so far. I’d like to live in Hawaii or Tahiti but it’s a little too expensive for the size house I’d get there for us personally. That’s the only place that’s better to live. But then you may get island fever.

[@okrajoe]

Cycle repeats: A state has higher-quality of life --> lots of people move in --> state gets crowded, quality of life deteriorates, and cost of living skyrockets --> people move to a new cheaper state

[@diffened]

When was the quality of life high in Floriduh?

[@YellaBellaReno]

Will it be able to repeat if the sea levels keep rising and the severe weather gets worse? Or if the insurance companies pull out?

[@dennistyler9852]

Boom or bust economy

[@marknewton6984]

Florida will recover. It always has.

[@jasonlee8156]

@@diffened It was a state known for more affordable prices. For this reason it was a place that attracted retirees from the Northern states.

[@Tuber0722]

Life long Floridian (23 years old). I live in Hialeah Gardens, about 20 min from Miami. The sprawl of people and cost of living has gotten worse over the years BUT I love the feel of the city. The sad fact is that I don’t think I’ll be able to buy a home down here anytime soon as nothing is affordable unless you go more South/North, but the high paying jobs are near Miami (can’t escape the traffic haha). I do hope the pricing bubble pops and stabilizes things, even then insurance is so dam expensive. The escrows on my family’s home just went up $700 mostly due to insurance SOB. Lets see 🤙🏽

[@SomethingDifferentFilms]

It's very difficult in Florida, because as you noted the cost of living is way up; while the good jobs really only exist in specific areas (that are even more expensive to access).

[@markrichards6863]

And rents are out of control down there too. I honestly feel bad for young people starting out. But then I remember, the only way I got my first house, in California, was to move to a town where a naval ship yard closed, and all the decent jobs were gone. Every block had boarded up houses, but I found a decent place, fixed it up, endured the long commute for four years, then sold at a huge profit. So, my advice is, save money, by in a distressed area with potential. Your first home won't be your dream home, but it will be a step on the path. If I was young and starting out, I'd move to Pittsburgh, a great city, with awesome culture, and affordable property. Florida is for retirees and rich idiots.

[@gerardolazo3333]

It’s crazy bro, even homestead is getting pricey now! That used to be the countryside, now it’s gonna be a future Kendall or Pembroke Pines 😅

[@jamesgardner6499]

@@markrichards6863I like the Pittsburgh idea. In fact the whole rust belt could possibly work. Who knows, maybe they actually recover some and become desirable places to live before moving out.

[@markrichards6863]

@@jamesgardner6499 Pittsburgh has a strong tech sector, some great cultural amenities, is a top notch sports market, and it's a really beautiful city. House prices are reasonable. Columbus and Cincinnati are good choices too. Buffalo and Cleveland have horrible winter weather but are otherwise okay.

[@macpoeticflow2869]

I never realized how unaffordable Florida was until I visited my parents who moved there in 2022. The job market is overly competitive for low wage jobs that couldn’t support you. Your lucky to get $18 an hour at max. That’s obviously not enough to live anywhere near Miami-Dayde county or surrounding areas. That’s a huge concern considering most of the quote on quote well paying positions are in Miami area in general.

[@trapmuzik6708]

fla is for ppl who already have money not young ppl trying to make money

[@Wesley-rn7oc]

Why not use quotation marks instead of typing "quote on quote”, which isn't even the right phrase?

[@hellomoto1]

@@Wesley-rn7oc I don't think anybody really cares.

[@bubbajones4522]

Anywhere is a struggle for unskilled laborers. People are paid based on the value they provide. Flipping burgers is not a skill thus $18/hr is a good rate for that job. There are plenty of good paying jobs for those willing to learn a skill. The trades for example such as an electrician, become an apprentice for a few years then get your license. A handyman can make a $1,000/day with the right marketing and client base. Work from home tech jobs are all over the place. So the bottom line is if you're stuck making $18, the issue isn't the economy buy rather your lack of marketable skills.

[@felicianoduarte4023]

​@@trapmuzik6708this is the best comment I've read so far.

[@AnnaKrueger809]

It's been a rough year with losses from failed banks and government, real estate crashes, a struggling economy, and downturns in stocks and dividends. It feels like everything has been going wrong. What a terrible year it is…

[@Seanmirrer]

I couldn't agree more. Taking charge of your life and putting in the hard work is the path to success. Having a portfolio manager like Mr. Samuel Peter Descovich is a game-changer. Their expertise and guidance can truly transform your financial journey. Making $35,000 in profits each month and saving 70% of that is quite impressive!They save you time and provide valuable insights that lead to impressive profits. Keep up the amazing work, and enjoy the fruits of your labor..

[@AnnaKrueger809]

Thank you so much for the advice. Your coach was simple to discover online. I did my research on him before I scheduled our phone call. he appears knowledgeable based on his online resume.

[@GaryWinstonBrown]

Samuel Peter Descovich is the go-to financial advisor during market turmoil. With his expertise, I made over $220K, revealing hidden market opportunities. Having an investment counselor is crucial, especially for those nearing retirement.

[@Rhgeyer278]

Found his website easily. It was like the first thing that came up when I searched his name. I'll surely touch basis with him to see what the best step is for me to take right now. THANK YOU!!!

[@Ashleycorrie8494]

There are good days and bad days. It's a zero-sum game, but keep this advice in mind: spend wisely, invest wisely, and diversify your holdings so that when one performs poorly, the others do well. This can be accomplished by hiring a knowledgeable specialist like Samuel Peter Descovich whose platform provides a wide range of investment options. By doing so, you leave little room for regrets and may even gain more.

[@antonleimbach648]

We left Florida in 2019. I grew up there and am so glad I left to Tennessee. Florida is nothing like it used to be back in the 1970’s. The water at the beach is so dirty compared to what it used to be. The insurance prices and taxes have gone crazy. I bought a brand new home with over two acres of land here and it’s beautiful during the summer, not crazy hot like Florida is now.

[@suzannetaylor5374]

I moved to Fl in1984 ,left in 2009. Fl is nothing like it used to be in the 80's.

[@annjames1837]

With the massive influx of people moving to Tennessee, it will eventually be just like the state your fleeing from

[@Comm0ut]

@@annjames1837 The trick is TIMING. It's not just the state, it's the area in the state. Cities are bad so I don't live in one. Do choose an area with SLOW growth as close to zero as practical. Do buy a cheap home on an ag zoned plot over five acres (ag zoning means more freedom). We don't need any situation to last longer than we live.

[@marknewton6984]

Enjoy Tenn. Haha!

[@twostop6895]

People in Tennessee are mad cause you people Florida are ruining it, just like you ruined Florida

[@Izzy-qf1do]

Florida is overrated. Its only good to vacation. Soon it will be underwater anywways.

[@SomethingDifferentFilms]

Florida faces major issues with population, geography, and inequality. There are other issues there that I will eventually address in a future video, but I would say those are the three primary Florida problems.

[@johnpeymann2783]

Tell me... Is Florida the ONLY State with these problems that you mentioned? Every State has problems, tell us some place that is desirable and affordable... you can't. I have lived in Florida a little over20years and I LOVE it.... sure no place is perfect... but what is?

[@overundersidewaysdown]

That's what idiots say.

[@jasonknight5863]

😂 “soon it will be underwater anyway “ someone is being overly dramatic. Parts of Miami may be by 2050. The rest may grow an inch by 2100. Do you that effects hardly anyone living there now. Nope! But go ahead and live your life in the snow now shoveling it all winter long up north. 😂 been there done that for 20 years. Never again. So glad we made the move to Florida. It’s heaven. And so do the 1,150 people that move here daily year round for years.

[@naptime0143]

​@@jasonknight5863The whole state will be under water soon. The lowest topography in America and the highest prone to flooding and hurricanes

[@jonm4501]

Its sad to see young people (or children) leaving the state and their parents behind for better jobs and lower housing costs. The investment banks and AirBnB/Vrbo are driving the working class out.

[@williambrennan5701]

As a life long Florida resident I am for any thing that runs off people in general . Seriously go home . The reason for being in this state is disappearing. There are a few places left that are old school Florida but they are disappearing fast. I live in a mobile home out in the woods and its value has almost tripled in about 20 years , mobile homes should depreciate not appreciate. I'm not talking just land value , the house as well, this is absolute insanity . Don't come to Florida, we are full.

[@marknewton6984]

As a native, I agree.

[@dennistyler9852]

You’re over full.

[@nhernandez925]

Full? Well I have money I can afford Florida.

[@johngarrison4228]

Texas too, my wife was born and raised in key west and stock island. I'm 7th generation fort Worth native, every day my cali neighbors are complaining about something that is normal. Cows, snakes, guns, etc. And how this or that should be banned. Go the fuc% home!

[@williambrennan5701]

@@nhernandez925 just because you can afford something doesn't make it not full

[@eddiet.campbell]

*The most important thing that should be on everyone mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies.*

[@user-li6kp7qv5k]

If the unemployment rate is able to remain steady while the Fed hikes and inflation falls back to target, a soft landing might be on the table

[@shana.ball3]

Thinking of how difficult it is to get a job, I think it’s time people start investing and earning their own money, the heartache from job hunt is quite unbearable, I for one would prefer investment than getting myself worked up on seeking a job

[@graceagb]

Investing in Stocks, Forex and cryptocurrency is the wisest, it's a place where millionaires and future billionaires come to get inspired. If you've not been involved in any you're missing out. Most importantly If you know how to trade you can make a ton of money no matter where you find yourself

[@idowunoah]

Trading with crypto is more beneficial than most people sees it to be, just like stock, and forex trade, crypto is also the world fastest leading currency now and in the near future

[@William.Mancini]

I totally agree with you, the stock market is the most profitable venture I ever invested in, I reached my goal of $700k monthly trade earnings. Setting realistic goals is an essential part of trading

[@bogeyman7436]

Florida budget is slightly lower this year with a 16B surplus. It's not going broke but it does have a population problem.

[@Gman2002]

As a South Florida resident for over 35 + years. In the Fort Lauderdale/Miami regions New homes start at 700k, 1 bedroom luxury apartments start at $2200 and 2 bedrooms are $2800 a month. With rising costs like property taxes and insurance across the board. Traffic congestion is pretty bad down here on i95, palmetto expway, i75. Good luck moving down here especially being lucky enough to find a good paying “stable” job. I would advise if moving to Florida stay away from southern regions and focus on central parts of Florida where housing is cheaper and you have a better chance of buying a home at a better price. If you’re not making at least 65k a year you will definitely need a room mate or you will struggle.

[@EugeakaEugene]

Florida is getting very expensive and South Florida is like California very expensive. Soon whole Florida will be for chosen ones, only for very rich

[@EugeakaEugene]

​@user-yl7mr3ck5lPrices are rising in whole Florida. Miami is ranked 4th most expensive city. Places like Boca Raton, Fort Lauderdale are super expensive. Yes, we know NY and Cali are the most expensive, but FL is not that far to become on the list as the most expensive state

[@gravethebeyond]

I agree with everything you said! I was born and raised there. 29 years. Its too expensive. not enough good paying jobs. Florida is unreachable. Unless your upper middle class or Rich. Its not worth it.

[@gravethebeyond]

@user-yl7mr3ck5l you really have no idea, how can one that is born or young make any money to live on? Or even as a young adult.

[@domcizek]

YES, OCALA IS STILL AFFORDABLE, BUT NO HIGH PAYING JOBS

[@stephens9462]

I moved out of Pinellas County in 2002 and back then you could buy a starter house for $100k.

[@roiselmartinez6368]

By far the best and most objective video I have seen about Florida's reality. Thank you so much.

[@FloridaBoy_Dcole]

They are definitely building up Florida but everything is overpriced, the only people benefiting from the new homes etc are the people from out of town or overseas

[@twostop6895]

you don't know what your are talking about, Florida is not over priced, it's what happens when you have too many people competing for limited resources, Florida is done

[@endofsociety]

I live in fort Meyers. Only people that make lots of money can live a good life. I cant wait to leave. I used to love florida when it was fairly inexpensive. With all the money that moved here, you would think that would be good for the local economy. Its quite the opposite. Due to overbidding by cash mongers, the cost of housing skyrocketed. They will also outbid to to rent. They say the median income for a household in lee county is over 100k. Not that true. Some cases yes, most no. They're basing it on professional jobs like lawyers and doctors and what not. Tons of lawyer offices here. (Not a surprise). Or it can be there are 4 or more working adults sharing a house and its expenses. But if you look at the average individuals income it will tell you its around the mid 30,000 range. Going by that, and in order to qualify to rent. 2.5-3x the rent. The rents should reflect average local saleries at around $925 a month tops. The average rent for a 1 br is hovering around $1500 a month. Most local places only pay $12-15 an hr. So everywhere you shop, those people are struggling. Thank them for staying in that shitty paying job while they serve you. This has been a public service announcement.

[@CarlosPerez-pl2jz]

The reson florida growth so much is not the weather is the hispanic people in miami metro they don't wants to live in the north because of English language barrier.

[@matildesantos4215]

Wealthy people from New York,,New Jersey and MA moved to Florida during the pandemic , infusing billions of dollars into the local economy, thus creating this economic boon

[@marknewton6984]

And the weather...

[@d.p.6758]

The problem with Florida is that people with money are taking over the state moving the poor and retired people out of it because they can't afford anymore food, rents and the general cost of living!🤬🙏🇺🇸🌏

[@susansmith323]

You can blame Biden for that.!

[@lazy747unitedairlines]

@@susansmith323how he doesn’t control congress? Or the state assembly of Florida. Presidents really don’t control the economy that mucu

[@josephpenn1115]

@@susansmith323 This was happening long before Biden got into office.