You’ve Been WARNED! Moving To Florida is TOO EXPENSIVE!

So many people decided to relocate to Florida during the pandemic seeking freedom, a warmer climate, no state income tax and a high quality of life at a lower cost of living. But that low cost of living part is now a thing of the past. Florida has so many new expenses that have ballooned over the past few years making moving there practically unaffordable for many people.
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[@MichaelBordenaro]

The Economy IS NOT WORKING But Experts Say "IT'S GREAT" kzbin.info/www/bejne/nnmtqnl4jtWFaZo

[@sandyrose2398]

The Experts only worry about themselves - they love when people are suffering.

[@hanwin651]

Hey, this is really beautiful beach . I was watching the background when you are walking ! Great video and content !

[@Lisithedogwalker]

@@hanwin651It is really beautiful!😍🌊🩷

[@jimshoe402]

Works great for Me T-Bills UP and Taxes and home ins $500 per month. $300K ORD...Keep Walking 😁😁

[@donnawoodford6641]

Define "experts".😒

[@michelleg1076]

The unaffordability in florida is ridiculous. It does not match the incomes here.

[@MM-ig2zq]

It matches the income of Yankees and Fornifonia people. Locals? Screw with a big S.

[@BDUBB24]

Florida market is one more major hurricane away from complete collapse.

[@Investormillard]

It’s worse in hot areas of TX…

[@randymillhouse791]

@@Investormillard Not true. I have lived in Both FL. and currently TX. TX. is still VERY affordable and the salaries are higher.

[@Jaelynne17]

Very true. Looking to Leave Tampa. Been here 18 years… I can no long afford it.

[@Elysian40772]

I moved here 5 years ago, Orlando suburbs..It was great until 2020 and everyone and their brother moved here. I'm moving out of state next spring. Too hot, too much traffic, too expensive and people here have been incredibly rude. People were nicer in CT than FL. It's rare to get a corporate job here, so the remaining jobs are $15 an hour, but a 1 bed apartment is $1600 without utilities and most are in run down unsafe neighborhoods near Orlando. They are charging New England prices without the matching paycheck.

[@naturelover2292]

I met a lady from CT that was working in Walmart, she moved here thinking she could get a good paying job with her CNA license, she had a problem getting her license transferred she ended up at walmart, she says she couldn’t believe what jobs paid here compared to CT, she said as soon as she saved enough money she was moving back to CT and would visit FL for vacation only.

[@charleshart5563]

It's totally disgusting what they are charging for rentals 1800 a month for a one bedroom and 15 dollars an hour. The math doesn't math so many people I know are living with 3 people in a one bedroom apartment just to survive.

[@georgeguegold4927]

Found that out 30 years ago for sure worse now.

[@MarcusAurelius33036]

Interesting take. I think it depends where in CT you are. I was in Stamford for 30 years before I cashed out in 2021 to take advantage of the pandemic panic price surge before it evaporated. After selling, I moved to my small Keys bungalow because I couldn’t find a rationally priced house anywhere I wanted to live in CT. Finally bought a place in New Milford where I found a place to buy. My experience has been that the mixed demographic people up in New Miford area are MUCH MUCH nicer than the NYC white collar Covid lockdown refugee types from NYC that had then recently overwhelmed Stamford. Just my $5.36 cents adjusted for inflation from 2 cents.

[@suem3854]

I'm in Wisconsin and was visiting my cousin in Florida recently. We went grocery shopping and I couldn't believe how high the food cost is there too !

[@Pinkfrosting962]

Were you at Publix? Cuz not everywhere is that much higher. I moved from the Midwest to FL last year

[@suem3854]

@@Pinkfrosting962 yes, Publix it was crazy.

[@MichaelBordenaro]

Absolutely I would say the food cost just as much as California if not even more

[@suem3854]

@@MichaelBordenaro I would be shopping at WAWA 😁

[@willystalla]

Here in California: Ralphs, State Bros, and Vons are significantly cheaper than any grocery store I have seen in South Florida. And salaries are way lower in Florida. Don't know how people can live there.

[@DIVISIONINCISION]

Imagine clearing over $200K/year and still only being able to afford a condo in Boynton Beach. There's no way I'd move to Florida or California.

[@MichaelBordenaro]

Don’t have to imagine that is the reality now

[@DIVISIONINCISION]

@@MichaelBordenaro I'm referring to my buddy who is in that situation. Yes, sad reality.

[@ssoffshore5111]

And Boynton Beach is the low rent spot in that area!

[@MAfanwoods37]

​@ssoffshore5111 really. I love boynton.

[@gilzuniga6692]

300k here, Can’t afford a 2/2 condo in Miami.

[@KhmerMinnesnowta]

We glad we changed our mind not to move to FL after our retirement. We've been living in SE Asia for now and we're happy about it!

[@randymillhouse791]

Good for you! I am lighting out to South America at retirement. The USA is unlivable both financially and culturally now.

[@aquaviii]

What country

[@KhmerMinnesnowta]

@@aquaviii We are living between Vietnam and Cambodia!

[@SoulfulVeg]

I went backpacking through SE Asia and India in my late 40s. It was awesome! I lived in W Africa for a while. The only downside was being so far away from my loved one. Enjoy.

[@miguelgonzalez6213]

FL basically experienced what happened to CA in the late 80s and 90s. Everyone moved in because the cost of living was decent and homes weren't that expensive, but everything shot up, including the taxes here in CA.

[@tb1235]

The moment Florida votes in a Democrat Governor (which will happen eventually) taxes will see the same type of spikes that currently plague California.

[@tomgentry6409]

The problem with increasing costs in Florida is happening nation wide if you can’t afford to live in Florida move, I hear people who moved to Florida from the northeast and say everything is cheaper in Florida than up north, the problem with Florida is to many people have moved here

[@AmandathePandaBooks]

There are several other states, small towns, etc, 1000$ or less property tax, prices for a decent house 100000$ or less. Stay away from the cities.

[@UndertheNeedle282]

Right. Because everyone has the money and resources to move their family to a cheaper state while keeping the same income. Easy fix. Just move, people. 😂😂😂

[@marias2746]

Yes depending on where up north they moved from

[@eattherich9215]

The northern states are mostly a lot more expensive than down south.

[@marci1878]

No the problem with Florida is poor government policies.

[@jeannettasmith2825]

I lived in Florida for several years. The expenses of homeownership, taxes, and insurance are just one of many reasons to avoid moving there.

[@mrsentinel4911]

Taxes on what? Unless you're filing a return on your home, there's no way the county assessor can asses it for taxes.

[@dariodjakovic1600]

When you moving out?

[@rogertoth8663]

Property taxes and homeowners insurance, if you can get it, have priced the normal working people out.

[@paulj2948]

I'm still coming. NJ income tax and property tax is 30k a year. I'm done. I'll get a new house in Florida for half price of my townhouse here. I'll be paying cash.

[@762foryou]

You didn't even mention the snakes, Alligators, bugs, humidity, crime or the Brain-Eating Ameoba

[@frankrusso2093]

I'm starting to see those U-hauls with the personal car in tow heading north on I95. Those are the people leaving Fla. for good. I still see about 3 to 1 ratio of those coming south vs north. I mostly see them on Sundays. Last several years it was only southbound. Yup, Florida is to expensive.

[@magicparkmemories]

I see u haul trucks in my neighborhood every week since April

[@frankrusso2093]

@@jbanana3896 It's not all oranges and cream here. I'm planning my exit strategy too.

[@frankrusso2093]

@@jbanana3896 Better beaches for sure. Florida is ok if you are very wealthy and can afford old Florida or direct waterfront. Otherwise it's a rat race inside a microwave.

[@Resmith18SR]

How many of those high rise condos in Florida are in similar condition to the one that collapsed killing all those people? Florida is infamous for using shoddy cheap materials in their construction so the builder and developer can pocket even more.

[@MichaelBordenaro]

Who knows…

[@MM-ig2zq]

All of them. Concrete is no match for salt air and water.

[@tonyburzio4107]

What you said is incorrect. The condo collapse was clearly a design error and adding far too much tree weight to the pool deck. The materials were fine, and if the error was repaired and the weight not added, she'd be standing still.

[@Resmith18SR]

@@tonyburzio4107 Tony, If you want to say it was completely a design error then I would disagree with you. That building along with others that age are deteriorating and not being maintained by the Board of Directors up to current standards.

[@branfashionistad7579]

As someone born and raised in Florida…it’s getting ridiculous. I love Florida but it’s not the same and honestly the charm of Florida is gone

[@AlexM-vh2pu]

Same here. Born and raised in Florida(Miami) . Paradise lost. Its not the same Florida.

[@Patrick-yh5yd]

As long as you got the beach it's good

[@JimmyCuba7070]

Been here since 68..my Florida I once loved is gone

[@tinamakaneole]

I live in Lehigh Acres Fl, 3 homes on my street are going bare, no homeowners. These homes were built in 2001, 2007. Rates in Lee Cty. are now $6000 and up. And the coverage amounts were cut in half. Nightmare situation.

[@keithtauber4153]

What do you mean are going bare? I live in Lehigh also.

[@tinamakaneole]

@@keithtauber4153 self insuring.

[@ssoffshore5111]

@@keithtauber4153 Going w/o insurance.

[@Bradimoose]

@@keithtauber4153 they mean not having insurance, people without mortages can take that gamble.

[@WestFloridaAccountability]

I’m a born and raised native and even with a decent job, I’m almost to the point where I can’t afford to live here alone. Even with a condo that’s almost paid off, my insurance and maintenance fees are completely out of control. I could absolutely see people paying off their condos after decades and then being forced out simply because they can’t afford the constant increases.

[@katharden5806]

I've lived in FL 14 years. Insurance cost has gone up but when you combine our low property tax with no state income tax it is still cheaper than homes that cost less in KS and NE bc their taxes are ridiculous. My taxes and insurance combined is under $6K but if I were to purchase where my family members live in KS & NE it is upwards of $10K for same or less priced home. Plus we have the save our homes tax cap for homesteads. I'll keep my cheap taxes and $0 state income taxes along w beautiful beaches and year round out door weather! Love it here! (Just paid my annual homeowners insurance so I'm aware of increases... mine went from $2400 to $3100 but my taxes are only $2700. I've owned the home 10 years and taxes have only increased by $200 total since 2013)

[@marknewton6984]

Good points.

[@stevekrupp6974]

Totally agree with the feeling it’s crowded in South Florida. Sold my Boca Raton home and living in Northern Florida where at least the heat breaks at night ! Trees still line the sides of I95 up here

[@commonsense6967]

I ❤ North FL!

[@jbar_85]

I know! But more people are moving to there too. I am speaking about Jacksonville area.

[@rena5385]

Its just a matter of time until Northern Fla gets as crowded as Southern Fla. You can already tell all the construction going on in St Johns County. It wasnt like jst 3 yrs ago.

[@stevekrupp6974]

@@rena5385 we settled in Palm Coast and St. Augustine. Two beautiful places to enjoy life. It is exploding up here also.

[@Janevelyn]

Yes and Tampa is now as crowded as SoFlo was five years ago I know from personal experience. Jacksonville and even palm coast are next.

[@acegolfman3203]

8 years ago FL seemed warm and cheap. Still warm, NOT cheap anymore, not now

[@nathanmaxwell2188]

Way too many people moving to FL from all over the world. Twenty years Florida was one of the most affordable places to live. The state can't keep up with the influx of people per year. Roads are jammed with traffic, housing is overpriced, rent is unaffordable, and the southern border is wide open. Tons of illegals

[@leok7193]

Southern border... of a peninsula? Yeah, I guess you could wall off the beaches 🤦‍♂🤦‍♂

[@nathanmaxwell2188]

@@leok7193 Apparently you haven't been paying attention to our southern border wide open and the government sending illegals all over the USA. Every state is a border state at this point. Florida has tons of illegals. Look it up. While you're at it, also look up how the United Nations have been giving illegals debit cards and cell phones once they reach the USA. They're EVERYWHERE. That's just "conspiracy theory" though lol

[@bryanbunday781]

With my H.O. insurance still under 1k per year, staying in Michigan looks better every day!

[@noreenn6976]

Good idea!

[@MichaelBordenaro]

I’ll bet!!

[@JNoMooreNumbers]

But the politics are awful. Governor and her minions are whacko.

[@pensacola321]

​@@JNoMooreNumbersBetter than DeDichead

[@JNoMooreNumbers]

@@pensacola321 Which one? Plenty of them in politics.😆

[@realestatebykemi]

Same thing happened to Atlanta, minus the insurance issues. Our main issue is Blackrock & other iBuyers have killed affordable housing here. Plus high migration from other states.

[@MR..181]

Food flippers...vanguard and blackrock..frontrunning. 50cent = 3$..?

[@MR..181]

Food flippers...vanguard and blackrock..frontrunning. 50cent = 3$..?

[@MR..181]

Food flippers...vanguard and blackrock..frontrunning. 50cent = 3$..? Insurers buying housings?

[@jameskelly9243]

Your main issue in Atlanta should be very bad democratic govt, slums, assults, traffic.

[@jbrous3602]

That girl that keeps following you around looks like a keeper...I got one 52yrs ago.

[@Lisithedogwalker]

So happy for you guys!❤️

[@Msteve-nt5bx]

Insurance companies love collecting your money but hate paying it out when you need them. They're quick to bail on you.

[@INTERNETVID]

Not always, ironically enough. Actually, and depending on the type of claim, they LOVE paying it out as it facilitates the near certain premium increase coming your way in the next billing cycle.

[@Msteve-nt5bx]

@INTERNETVID that is a good point too!

[@njprepper8601]

State Farm bailed on me.

[@BeckyJusto]

Thank you for talking again on all these issues in Florida Michael. I'm only a renter in Miami, Bay harbor Islands, for the past 13 years and now needing to find another place quickly because from one day to the next they hiked my rent up by a lot. There is no win whether you're an owner or a tenant here! This whole stuation especially in Miami sucks any way you cut it!

[@littleredhen3354]

Not just Miami! I'm in Tampa area and nobody who actually WORKS here can afford to live here. Homeless galore!!!!

[@n4870s]

So who is living there? Rich people who don’t work?

[@littleredhen3354]

@n4870s Yes and tons of short term rentals like air b&b and remote workers who work for out of state/country corporations.

[@ajusa2024]

Florida has been absolutely and utterly destroyed in every way imaginable. Yea people are flocking here, but Floridians are leaving by the truck load.

[@hideoussails1783]

And the wildlife are suffering the most

[@ajusa2024]

@@hideoussails1783 the water is suffering the most, and in turn the entire ecological health of the land/state. The most polluted waters in the country.

[@hideoussails1783]

@@ajusa2024 yes it's very horrifying. And knowing that the developers just bulldoze over the animals

[@leok7193]

Is that all of Florida or just the densely populated cities? I was considering Daytona beach or Melbourne

[@Mmoselle1983]

All the Californians and tristate area folks, are eventually going to be left with a desolate Florida, and most of that investment revenue, down the toilet. Especially when the crash hits. And it’s coming. Florida is among those states the gets WRECKED during recessions/depressions. 😂😂😂 Moved a year ago to South Carolina. I see it coming and it’s tragic what they’ve allowed to happen to Florida It’ll be the next Los Angeles in no time.

[@Ponskippa]

A similar thing is happening to car insurance. My auto policy literally doubled during / after lockdowns.

[@SoulfulVeg]

Same. Florida has the highest auto insurance rates in the country.

[@brandonbarber9266]

I was living in Southern California for 2 years and came to Miami Beach. I been here for almost 6 months now I can’t wait to go back to SoCal I just gave my landlord notice I’m moving out next month . The humidity here alone is enough of a reason for my departure lol

[@MichaelBordenaro]

Haha I hear you! Although you probably had the worst impression of Miami Beach ever since this is literally the hottest month ever there. but the crazy humidity is a normal part of summer in Miami.

[@brandonbarber9266]

@@MichaelBordenaro I bet when you return to Miami your gonna be California dreaming everyday . I know I have

[@AJSHOPE]

At least in Miami you do have the beach. I'm in St. Louis and it gets just as hot and humid as about any place in the country (we've had quite a few 120 degree heat indexes this year).

[@gabrielw7773]

Same thing happening here in Phoenix, AZ. Traffic has increased so much over the last 3 years.

[@DIVISIONINCISION]

You must be new to Phoenix. I left Phoenix in 2011 after having moved there in 1988. Phoenix is basically uninhabitable now. California prices and congestion without the good weather.

[@MR..181]

No traffic..thinking covid vax dead?

[@MR..181]

@@DIVISIONINCISION worse as gasoline 5$ gal..

[@MR..181]

@@DIVISIONINCISION worse as gasoline 5$ gal.. urregulated solar powered electric bicycles??

[@MR..181]

@@DIVISIONINCISION worse as gasoline 5$ gal.. urregulated solar powered electric bicycles??

[@Pengasmon]

Here in Louisiana my homeowners insurance has gone from $2300 to $5900 in 2 years. I’m on the side of my city that’s away from the coast so the people farther out are having it worse. It’s almost to the point where you might as well be buying a new roof yourself every 2 or 3 years. Houses cost relatively less but we are all paying a premium for insurance in a state that doesn’t have much to offer compared to Florida and others.

[@bigtom1948]

And you are lucky to get a policy at all, sad situation.

[@DIVISIONINCISION]

Louisiana real estate has depreciated since 2020. People are not moving there. They are leaving!

[@MichaelBordenaro]

I just can’t help but wonder how many people can hold on with these expenses rising like this and for how long

[@brianmatthews4149]

How can a insurance company tell you to replace a roof that has a 30 year warranty.

[@meropee9994]

​@@brianmatthews4149cuz they drop you if you dont

[@chp6489]

Hey Michael! Great to see you & Lizzy enjoying sunny California! I live in Ventura County & I just got my new car insurance & my home owners insurance premiums for this year. Wow! I got hit with the higher insurance premiums. My car insurance went up 100 a month ( 1200 a year higher)it was already high. The home owners insurance went up 400 a month! They know they got ya because no other insurance company will write you a policy. Thanks for another informative & reality check video! Man it hurts!😢❤

[@shirleyruth55]

How about your monthly electric bill? I was paying $300-375 monthly in Laguna Beach before I left in 2022!

[@MichaelBordenaro]

We’re having an excellent time here! You’re totally right they got everybody up against the wall because go ahead and try to find a cheaper deal with insurance. Chances are it’s not out there.

[@Monkeybongoes]

Ponte Vedra Beach would make a fascinating walk and talk video. There are a couple miles of mansions built on the dunes. Storms over the past 5 years have eroded the dunes, and most of the mansions are teetering on the edge of collapse. You can see the desperate measures people are taking, from building concretes retaining walls to planting sea grass and bringing in truckloads of sand. But it's clearly a matter of time before miles of mansions become unlivable.

[@MichaelBordenaro]

That’s so crazy

[@Chloe-hv7xi]

That’s where I live… They added miles of sand between the houses and the beach last year. Remade all the beach stairs and a few weeks later the sand was all gone 😅 probably all paid for by the tax payers.

[@commonsense6967]

That's what happened to a house we were renting in Pensacola Beach, right on the Bay, in the 1980s. The water encroached so much in the year we were there, that half of the backyard fountain/patio disappeared into the Bay!😮

[@timboc105]

Awesome..Mother Nature will prevail 😂

[@mariamartino2863]

@@timboc105 Seems like Mother Nature is cleaning up

[@toomanymodz]

Another reason to consider is the amount of price gouging here. Since there is a shortage of everything, the prices and labor charges are astronomical. A new roof for my mothers 1300 sq/ft home cost $24k. Another example is my neighbor needed his garage door spring replaced. They wanted to charge $800, and since it was the weekend they wanted $1,000. My neighbor changed the spring himself for $120. Everything here is very expensive. A company wanted $28k to put up a new fence for a friend of mine. Luckily he knew someone who gave him an honest price of $8400. It seems that almost everyone is out to over-price for their services.

[@JNoMooreNumbers]

24k for a roof?😳I paid 5k for a 1100 sq ft house. A major company too.

[@BDUBB24]

More people should take the effort to learn how to remodel and repair themselves, including roofing. It certainly is hard work, but not overly complicated, and you’d save a fortune if you and a couple buddies would be willing to do it.

[@JNoMooreNumbers]

@@BDUBB24 I fixed up a foreclosure nearly by.myself when widowed to survive. Made a good profit and got another fixer upper. If an older small female with health issues can do it so can others. Took six months as was limited physically but I did it and went without and paid it off. People are getting too soft and spoiled. Put up with nonsense and not lift a finger and you'll get taken advantage of which in turn ruins things for others. Letting government get too big has a big hand in this mess we're in. Complying made things worse. Many can't even change a flat tire. I was working on simple fixes in cars at 16.

[@toomanymodz]

@@BDUBB24 I agree. We need to band together and help each other out. I can work on cars and have basic HVAC skills, so at least I can offer those skills to my friends and family.

[@BDUBB24]

@@toomanymodz I realized how outrageous things had gotten when I reached out to get quotes on putting in 3 more sprinkler heads on an existing line. About 30 ft of trench required and basic PVC attachment, just didn’t want to do it myself. I kid you not, I got quotes up to $3400. I was floored. Did it myself for less than $100 in about 2 hours.

[@kimmarie3699]

I live in the burbs of Washington DC. Average 4 bedroom house $1 million. Can’t be worse than that.

[@randymillhouse791]

Salaries are low in Florida. I left for Texas in 2022 and got a job making $30K more and bought a 3 BR house brand new build for $352K. My mortgage is less than the old 1K sq. ft. apartment rent and I have a 2K sq. ft. home now. I heard that my replacement was offered about what I make now in TX. But their expenses are THROUGH THE ROOF in Florida. Best decision I ever made. Fun fact: HOA fees I saw in FL. were about $400 per month. Mine in TX. is $547 per YEAR!

[@edge918]

Michael & Lisi 🙂🧡💛💗 Beautiful scenery and sunshine where you two are! As I've mentioned before, I have friends who have lived their entire lives in Florida but now because of Ian's devastation and the insanity with homeowners insurance, they are moving away from the United States altogether.

[@randymillhouse791]

Absolutely! Retiring in Colombia 2027!!!!

[@drbassface]

Yeah! Don’t move here! Lol Let the prices drop back to reflect local wages!!! Michael, my 352 unit complex has lowered their base rent on 2/2’s by $300 in the past two weeks. (Still $86 more than my base rent) They have Ten units available. 11 one bedrooms. Seven three bedrooms. IF they’d stop overpricing lease renewals, maybe they wouldn’t be losing so many tenants. I pray it stays low and I get a break on my next lease offer in October 🙏

[@flamingofan5411]

Yes! People need to stop moving here!!!!

[@tizzx4945]

A video of Michael is the perfect way to start the weekend😊

[@dickjones8119]

You in love ... 🙂

[@MichaelBordenaro]

😎🤙

[@ForceWinds3]

After being in FL for 33 years moved back to Michigan four years ago. A friend still there wants to get out.

[@naturelover2292]

Michigan has some beautiful lakes, my neighbor is from there, he went there to visit his family he brought me back some fudge, it was delicious.

[@pmstff700]

What those insurance companies won’t tell you is the amount they raked in all the years there were no claims.

[@MCC876]

Developers know that until January 2025 will be their best time to buy old condos in Miami. Condo owners face paying a large amount of money to get their condo reserve up to the new mandate, which many simply cannot afford. I predict a very large number of old condos being sold to developers between now and January 2025.

[@MichaelBordenaro]

I think so too

[@tomswierszczyk1162]

Good news for those condo owners trapped by unforeseen new assessments , higher insurance and HOA costs - there maybe a way out...

[@billredding2000]

@@tomswierszczyk1162 But why would a NEW owner want to buy that condo with the increased costs of "owning" it each month (meaning, carrying a mortgage on it), including any increased HOA fee, assessments or outrageous new insurance rates? Even if someone paid cash up-front for the condo -- so no need for a mortgage -- about those OTHER increased costs: Who would want undertake them? -- BR

[@tomswierszczyk1162]

@@billredding2000 Because he, the developer, will demolish the whole building. In its place, a new modern structure would carry more floors with more units at 3 to 5 times the price per unit. Or, he can repurpose the building and lease it to FORTUNE 500 company for next decade and make even more money. Miami is one of the fastest growing cities in America, and very business friendly.

[@billredding2000]

@@tomswierszczyk1162 Thanks...but I should have made it clear by "who" I meant a BUYER of a condo in the original building -- an individual (like us) -- as I wasn't thinking "commercially" ("wholesale" vs. "retail," if you will). ;-) So, it seems if the building remains standing with the condos "as-is," there's no individual (if smart) who would buy a condo there, only a developer. -- BR

[@ieatsnowcrabs2240]

I live in Florida, and I'm trying to convince my wife to let us leave so we can finally afford a house 🫤

[@randymillhouse791]

I left in April 2022 and found a house in TX. 2K sq. ft. new build for $352K and a $47 per month HOA. Make $30K more here too in the same type of job I had in FL.

[@cosmiccometchichi]

@@randymillhouse791you lost me at HOA

[@randymillhouse791]

@@cosmiccometchichi You just gave me a great idea. I am going to invent an internet search engine called GOOGLE!

[@fozzir]

If you have to convince your wife to leave Florida you will be there until you die.

[@randymillhouse791]

@@fozzir Florida not looking so good tonight, or for this past week. Franklin, Idalia, other stuff churning 700 miles out in the Atlantic does not make for a comfortable life. I know, lived in Florida for 30 years. Getting out was a great financial move. Tonight, I realize there are other benefits.

[@MikeSunRiseWest]

What is the phrase? Water seeks its own level. Things will eventually equalize. The operative word Is eventually

[@brianreilly6523]

Hi Michael - Glad you are here in So Cal for a visit. Corona Del Mar is a wonderful area but the prices are not representative. Try someplace like Huntington Beach or Irvine. Still plenty expensive but way less than CDM! Enjoy your visit and we are glad you are here!

[@donjuan914]

Everywhere is expensive on the coast in CA though but I’d totally live in Irvine if I could afford it. Best suburb in the US in my opinion and it’s close enough to the beach.

[@gleng9286]

Michael, even though Florida has no state income tax, they’re going to get you one way or another.

[@randyrrs7028]

thats true, my car insurance in tennessee was $1200 a year and in fl it tripled to $3600 and thats just for liability!

[@legendaryangel1991]

@@randyrrs7028😮😮😮

[@danielj3010]

Beautiful landscape

[@MichaelBordenaro]

Gorgeous

[@RealCptHammonds]

Here's 3 tips for everyone you haven't shared that will keep insurance premiums lower: #1) DON'T BUY A GARBAGE HOUSE. If a house doesn't have cinder block construction, but has wood exterior walls, it's GARBAGE CONSTRUCTION. #2) Replace your roof with a commercial grade standing seam ***GALVANIZED STEEL*** (not some other metal) roof that typically last 75-100 years. #3) If your doors and windows don't conform to Miami-Dade standards for hurricanes, REPLACE THEM. By doing these things, you're going to save about 50% on insurance and won't get dropped.

[@bigtom1948]

Block houses are better but still cannot stand up to stronger hurricanes. Cast concrete homes are about as good as you can go.

[@johnlibonati7807]

@@bigtom1948my 1970s built block house withstood winds between 176 to 208 mph for almost an entire day during Hurricane Ian. 2100 SF. My jalousie windows are original. My roof was GAF shingle. The roof lost shingles, but never leaked. I’ll never worry about my house during a hurricane again. It’s a legit bunker. The pool cage...not so much.

[@robertburdette2365]

Your list is over 100k

[@MM-ig2zq]

Jajajajajajajajajajaja wishful thinking. But good advice.

[@gregorymontanez5882]

Bs you ain't saving 50 percent

[@brianphillips9631]

I moved from CA to Florida in January. Yes, they have been some surprises! But with that said, I would do it again. Hands down, I would do it again.

[@marknewton6984]

Yes.

[@louisbarnes9971]

I live in Florida. My advice, don’t even think about moving to Florida. The cost of living here has SKYROCKETED. The entire state has become OVERCROWDED. TRAFFIC is HORRIBLE. CRIME is everywhere. And it’s HOT,…..REALLT HOT !

[@naturelover2292]

All true

[@sillygirl4651]

All the beach areas in so-cal have always been expensive I was blessed to grow up on the beaches starting from Ventura, and all the way to La Jolla and all the beaches in between

[@HateDietPepsi]

Property taxes are through the roof in a lot of areas. As much as the house payment.

[@Bufbills1]

Correct, the high interest rates are the biggest problem not being brought up here.

[@SirCarlosMusicBMI]

Looks like you’re having a great time in California 😊. Enjoy your stay. And of course thank you for another great video. Blessings, Carlos ✝️🙏❤️😊🇺🇸

[@MichaelBordenaro]

We are Carlos. It’s been super fun. Thank you very much!

[@Dee8H]

Really enjoy your channel! Nice to see your wife joining in.

[@MichaelBordenaro]

Thank you!

[@JBoy340a]

Thanks for doing these walks along the South Coast. I have not visited that area in decades and forgot how beautiful it is. I was a little surprised to see so many people at the beach. But is great to see people out and about enjoy fantastic weather. I hope you 2 are enjoying your stay in SoCal.

[@liebo76]

With that weather in Florida, it is not worth it at any price.

[@Jeannified]

I just love it that sweet Lisi just walks along looking at the beautiful surroundings and takes pictures. She seems to be very relaxed and content. I love it that she waves snd blows us all a kiss goodbye too! She is so sweet! On another note…I drove through Coronado yesterday, on my way home from work. Right across from the very popular and famous Hotel del Coronado, they were tearing down a small motel that had been there forever, and was well maintained, called the Villa Capri. So sad, as I know they are going to put something very expensive there in place of the beautiful older little motel that has been there. Love this area you guys walked today!

[@ssoffshore5111]

I've stayed at both, sad to hear they are tearing it down.

[@harryholiday5356]

I really enjoy your presentation and information you share with us. Takes considerable research that I don't do. I want to thank you for your efforts.

[@tommorningstar6373]

Excellent video sir. Really captured the coastal OC vibe. Life is a beach.

[@williammason352]

When talking to the many foreigners I've met over the past 5-6 yrs I'd recommend Florida as the best place to adapt to the US. I no longer recommend it because of how expensive it's become.

[@WarbirdPylonRacer]

Hi Michael! Don't know if you will read this or not but I just wanted to thank you for your videos especially this one! I subscribed to your channel because I was planning on moving and retiring to Florida but because of your hard work and honesty I didn't realize how good I had it here in SoCal, actually not very far from where you are right now. I'll just figure out another way to deal with taxes and whatnot but we really have the nicest weather here and many other perks. Thanks for all you do Michael. Your channel is the most informative I've seen!

[@silvermaiden77]

The combined populations of orange and LA counties is over 13 million , greater than all the states except florida, TX, CA and NY. By only perusing the few super hi-end coastal cities in which are concentrated the 1% wealthy of SoCal you get a distorted view of the RE in SoCal. 99% of CA residents live in very ordinary middle class tracts or in ghettos. I know you don't want to do a Utube walking tour in a marginal area where ghetto gangs could drive up and rob you. LA is a very high crime area and the marginal ghettos start 5 miles away from the coast. Best to stick to the narrow safe coastal strip for the cool ocean breeze and the safety of multi-million dollar coastal communities. Just keep in mind that you may be getting a narrow limited view of CA real estate.

[@micheleh4016]

It has gotten ridiculously expensive here in the Sunshine State. The influx of newbies and the resultant change in supply/demand cycle has caused prices, especially of services, to go through the roof. Stay where you are!

[@gregmotyka4]

This is my real estate education channel. Thanks, Michael!

[@MJrocs1309]

They better get the insurance issue sorted out real soon since we're heading into hurricane season.

[@donnawoodford6641]

I thought hurricane season started June 1st. As far as I know, the season is now. Stay safe.

[@basha0810]

We're already in hurricane season. It started June 1st. UNLESS you speak of September! Now, that's a month where you need to fasten your seatbelt here in FL. Every year, I fear September. I literally tremble.

[@TheLbrown17]

The insurance issue in Florida has been an issue for the last 20 years. How you think Citizens was created.

[@user-qy9tf2im7f]

Just renewed only 47% increase, felt lucky I got it in Ft Myers! Anything built after 2014 Homes still selling over ask in a matter of days?

[@Jaelynne17]

I’m a teacher in Tampa and my rent is almost 60% of my monthly income. I live in a 1 bedroom apartment they was built in the 90s. I make over 50k and feel like I am living in poverty.

[@naturelover2292]

They have programs for teachers to purchase homes, it may be cheaper to buy. Good luck. Thanks for being an educator.😊

[@keithcolegrove2924]

Always Great Videos Michael. Hope you're having a blast in California.

[@Juliet875]

Happy Friday Lizzy and Michael, Thank You! Hope you two are enjoying California. We did a drive down Pacific Coast Hwy. while visiting California before COVID & all the crazy, just beautiful!

[@MichaelBordenaro]

We did that drive before as well all the way up to San Francisco and it is a marvelous drive

[@WRNPR]

Florida is not what people think, I'm moving from as soon as I sell my house, RUN!!!

[@MM-ig2zq]

Smart.

[@naturelover2292]

How long have you lived there?

[@Alachua03]

Don’t let the door hit you in the ass when you leave!

[@WRNPR]

@@Alachua03 Best part

[@maxangeles6279]

beautiful california scenery!! nice video!!

[@user-ob4em4ge6c]

Home values are declining in Florida

[@yellaboymike561]

For native Floridians like myself who enjoyed and actually miss the “old swamps” as it used to be, before it was changed to “Miami-Dade” and it was just “Dade” county, when Palm Beach had the 407 area code, before all what you see now, we blame the farmers and developers for selling out to the contractors so they can build homes to sell to the elderly from up north who are set to retire. Now, ask yourself this, could you ever buy a house in Florida, live in it for 20 years, sell it and retire up north and be well off??? Well why is it like that for people up north to be able to take advantage of the manipulation???

[@keithtauber4153]

Because they earned huge salaries their entire working lives, paid off their super expensive homes, sold it and have money coming out of every orifice they have, and come here to Florida, pay cash for their over priced home and still have loads of cash left over. Meanwhile, we earned a tiny income in comparison, for the most part lived here cheaply, till the onslaught of the NE'ers came here with their fat wallets and jacked up all the prices. We are getting squeezed out.

[@ssoffshore5111]

@@keithtauber4153 Bingo! Not to mention, they bring their crap NY/NJ attitudes and typically left politics with them. South FL has changed a lot over the past 5 years, and not for the better!

[@pmstff700]

Saw the same here in AZ. CALies moved in jacked up house prices now unaffordable for those who grew up here leaving. Right to work state so wages still very low with astronomical rents.

[@rjd892]

Because they can

[@sandyrose2398]

@@keithtauber4153 Aren't people from NY, NJ, etc. being pushed out of these once-great states? Few good-paying jobs, very high rents, very high taxes, small retail stores and larger businesses disappearing. Let's not forget the crime.

[@debbiec6216]

A lot of people moved to Florida, for Disney world and The Villagers !!! Three years ago, one family in my region , moved to Orlando , because he end up with his Dream Job , working for Disney World as an Artist. They love it there . Plus his family working for Disney World.

[@clagueb3686]

Tourist traffic way down.

[@flamingofan5411]

Am a Floridian. Hate Disney!

[@debbiec6216]

@@clagueb3686 I have a niece there at Walt Disney world now , she visit yearly. I know another youtuber , who has a home , on disney's property , very nice home.

[@debbiec6216]

@@flamingofan5411 Why do you hate it ? I havent been to disney since 1994 . Our granddaughter's went there in Feb 2023, it's not like they will go again , anytime soon.

[@julielehman1921]

This is so weird, it was all the craze to move to Florida for the last 4 years and now it SUCKS! I LOVE MY 4 SEASONS.

[@melissachardon9351]

Right?! That used to be a goal of mine, but SC is the furthest I will go south!

[@LynxStarAuto]

Well trust me, those of us true blooded Floridians are dying for all the weirdos to move back.

[@melissachardon9351]

@@LynxStarAuto lol

[@Bradimoose]

@@LynxStarAuto I know, St pete has so many 50 year old botoxed californian women pushing little dogs in strollers it's ridiculous. All they do is take the elevator down from their $2m condos and drink mimosas all day.

[@randymillhouse791]

Frankie Vallie was overrated.

[@AmericanConstellation]

I have a friend that did sold his house in California years ago and moved here to Florida. He bought a nice house here cash and an airplane. Now he's struggling.

[@brianphillips9631]

The airplane was his mistake

[@MichaelBordenaro]

Ouch…

[@AmericanConstellation]

@@brianphillips9631 You ready for this one. He bought the plane and went across Florida to fly it back here. It was Thanksgiving weekend. On his way back, it stalled out on him in the air and he had to land in a cow pasture. As he was landing the plane spooked the some cows and they ran out in front of the plane. He killed three cows and his plane was wrecked big time.

[@JBoy340a]

@@brianphillips9631as a former plane owner I think you are correct. If you are not budgeting $200-300+/hr for each flight hour you are too low even for a 20+ year old single engine.

[@MM-ig2zq]

Coke pilots are done.

[@shootermcgavin4999]

I can't even afford Idaho man. I don't know how ppl afford Florida.

[@DianaCarolinaGirl22]

I live in NC and everytime I go to Florida I can't wait to get back to NC!

[@3777177]

Awesome seeing and hearing your wife on trip with you....makes channel more personal to us....

[@PistolPete1984]

Always great content I hope your both having a great vacation love the channel

[@llew-AZ]

You should put together a video with your audience that have then send you their home taxes and insurance costs with the estimate of the homes from Zillow based on state. Make sure they include city, state, Sq footage, garage size, lot size, etc... you could pick a few that are decent compatibles.

[@seanwilliamrussell]

Really interesting point about rich areas growing and less rich areas shrinking due to people not being able to afford to live there I hear boomers say things like “no one wants to work anymore” when restaurants face staffing issues. What are your options for a restaurant job? A. Can’t afford to live in the area where the restaurant is B. Commute a long way from poor area to rich area but that costs $$$ c. Build affordable housing in rich area (usually gets shot down by rich people) d., pay someone who works at a restaurant enough to live in rich area (not realistic)

[@randymillhouse791]

In the Florida Keys the service workers are bussed in daily from Miami.

[@cosmiccometchichi]

the problem with the older generation they are out of touch with the costs of everything compared to when they got their assets. Its kind of not their fault but still so annoying trying to have a conversation with them about the issues

[@randymillhouse791]

@@cosmiccometchichi Question: What have you done over the past 5 years to better your financial situation? I was once young and broke. We are NOT different. I have been kickin' it for 14 years and have gone from entry level to senior manager in my profession. I have gone from massive debt to massive savings. I put in the WORK! What are you working on?

[@funincdm3105]

Welcome! Glad you stopped by the neighborhood! CdM is a great little town within Newport Beach. Enjoy your stay, & safe travels.

[@hulk-smash-deez-hose.7951]

Love your channel bro ✊🏾

[@oldroscoe2590]

My homeowners went from 0 to 0 again this year. I dropped it a few years ago when the homeowner insurance I had said I'd have to put my vehicles with them if I wanted to stay with them. If a fire or tornado levels the old place I'm be able to buy another one. I'm still able to do repairs and keep the old place up (and some of the neighborhood) ........ to my standards.

[@costak7679]

Come on Michael! Almost at 100K! Let's go. March to a million.

[@MichaelBordenaro]

Almost there!!

[@proudgrandma138]

Mike, its not just wildfire areas of SoCal, its in the deserts too & theres no wildfire or Hurricanes or flooding issues.

[@thomashicks1687]

You’re seriously the Goat!!😎🙏🏾🔥

[@sherriheebner9479]

I live in Cape Coral Fl and Progressive Insurance still hasn’t paid us for Ian damage. We pay $8000 a year and can’t get help after a category 5 hurricane!

[@MM-ig2zq]

Get a lawyer what are you waiting for.

[@YourDailyDose87]

I just switched to their car insurance, they won’t insure my home in Broward I have TypTap lol

[@mariamartino2863]

I was thinking about buying a condo in Cape Coral but now I'm scared after reading all this lol

[@shirleyy2711]

Felt the same about CA. Over 500K people leaving the state is just as drop in the bucket, with people from other states and countries moving INTO CA, we are still congested as ever! It just SEEMS like there's a mass exodus due to the large population living in CA (~40 million). Until we see 4 million leaving the state, or 10% of the population, there is no mass exodus!

[@theoracle6881]

Tell them to stay there, no other state wants them !

[@shirleyy2711]

@@theoracle6881 Same can be said about people from other states coming into CA.

[@theoracle6881]

@@shirleyy2711 You mist be from commiefornia

[@shirleyy2711]

@@stephanypistachio Precisely! Yet no one asks why there're amost 10 mil increase in population in CA for the past ~30 years.

[@MCGguitar698]

Over 1 million have left California.

[@russellseilhamer4552]

Michael, you should visit southern Maine; the Ogonquin area. They have some of the most beautiful beaches you’ll find anywhere

[@az9043]

Welcome to California. I just came back home to St Augustine, FL, from the Bay Area, NorCal, a week ago. After living in Florida for a year (moved from NorCal), it's about location, location and location in Florida. If you look to purchase a home next to the beach or intracoastal waterway in Florida, expect to pay high price for a home and high insurance premium. If you plan to purchase a Florida home with a beach/intracoastal backyard and to avoid state income tax, I would recommend to have a minimum income of $1M (wages and/or capital gains) to offset the high living cost and insurances. Home price would cut in half if you purchase a home across the street from the beach/intracoastal homes. If you still want to move to Florida with low income, check out the interior highlands of Florida. Homes in the interior highlands area are very affordable. Since these homes are far away from any water, home insurances are also affordable. It's about location, location and location and lifestyle/income. Vice versa, if you look to move to California by the beaches, it's the same scenario and, of course, having a progressive state income tax system (up to 13.3%). Btw, Los Angeles is testing out the Mansion tax (extra 4% in taxes for properties sold over $5M and 5.5% on properties sold over $10M). With ridiculous California policies, I'm sure Mansion tax would expand to the rest of the state. California drivers may soon get automatic tickets for going 11 mph over speed limit in several major cities.

[@imeldareerman6280]

Wow beautiful California and your wife too Thanks for Sharing .

[@KristopherStidd]

Lol thank you for the video Michael.

[@MichaelBordenaro]

You’re welcome!

[@bagsjr1]

High property taxes and Insurance ultimately tempers the home prices.

[@MichaelBordenaro]

Lets hope it will

[@tombecky3544]

Good job keep it up thanks you are good at what you do tom

[@johnspelman8976]

Saw that coming 3 years ago, high growth always leads to high costs

[@DarkMark58D]

Many people only carry enough homeowners insurance to payoff the mortgage if a home burns down, etc. Not enough to pay for a rebuild as well.

[@MichaelBordenaro]

That’s a problem especially in hurricane or wildfire prone areas

[@elizabethschneider6173]

My mom lives in one of those older beach side condos and the assessments on them are crazy high insane ! No one took care of any of these buildings it seems ! Also. The population in many of these building are the elderly , who will probably be forced out in their 80s to go somewhere else. It’s all just nuts ! Beautiful beach there in California !!!! Great video !

[@emzywillrich7243]

Michael, this was definitely one of your most beautiful videos. It is absolutely gorgeous!!

[@CryptocurrencyTheory]

Hey, welcome from Irvine!

[@zachlafond2652]

I live in wisconsin. This state has horrible winters but i can deal with them for a relatively low cost of living. Plus 4 real seasons is kind of nice.

[@CutThroatBeast]

I live in Wautoma, WI since 2020 and the houses used to be around $70k - $100k. Now they're $150k - $200k+

[@naturelover2292]

@@CutThroatBeastthats still reasonable, better keep it quiet before the heard heads your way. 😂😂

[@MikeV-97]

I lived in both California and Florida now. The cost of about everything is almost the same, Housing, Rent, utilities, insurance, food, etc. The only thing maybe cheaper here in Florida is Gas and Taxes. But that's about it.

[@JBoy340a]

I am going to bet Prop 13 makes the home taxes a lot lower in California. The 1% or so cap on annual tax increases is a blessing as you get older.

[@tonyburzio4107]

My property tax went down this year in Florida, and if you live here your property tax gets halved. Bet these are all Democrats from out of state making up numbers to keep their prisoners, err, citizens from fleeing.

[@mattanderson6672]

Thanks Mich