4,928 listingsRead past that.
Ok
Are they unable to sell their homes?Who wants to buy houses that can't get insurance or the insurance is so high it's unaffordable? That would be my guess why people would have trouble selling.
Read past that.It doesnt say anything about taking a loss though, unless I missed that. Said theres been a very high price appreciation and people are trying to cash out, some older people have lost some of their benefits, and some people dont want to pay the higher insurance. But I didnt see anything about people saying they were okay with taking a loss.
Those listings are specified as "motivated sellers", meaning they're willing to take offers lower than the listing price because they're desperate to get rid of the property even at a loss.
Are they unable to sell their homes?Article says theres plenty of people buying the houses, and Florida was in the top few most moved to states last year so Im guessing theres no issue selling. Just the few things listed in my post from the article.
Insurance is a nightmare in Florida right now, a lot of these people are probably getting out because they can't afford it anymore. Better to take a loss than go bankrupt
It doesnt say anything about taking a loss though, unless I missed that. Said theres been a very high price appreciation and people are trying to cash out, some older people have lost some of their benefits, and some people dont want to pay the higher insurance. But I didnt see anything about people saying they were okay with taking a loss.It doesn't have to be in the article for people to know what it means.
4,928 listingsLol, literal Trump branded knife.
Ok
Read past that.
Those listings are specified as "motivated sellers", meaning they're willing to take offers lower than the listing price because they're desperate to get rid of the property even at a loss.
Are they unable to sell their homes?
Who wants to buy houses that can't get insurance or the insurance is so high it's unaffordable? That would be my guess why people would have trouble selling.
I pay 5k a month in car insurance for a single car with a clean record just to sit in 24/7 traffic jamsLol wtf do you drive?
Lol wtf do you drive?
Ohoho. The tables have turned now. I remember how conservatives kept talking about California having a supposed "mass exodus" because of terrible liberal leadership
Lol wtf do you drive?Model S, but my neighbor pays a similar rate on his Corolla.
Model S, but my neighbor pays a similar rate on his Corolla.Da fuck. I can't believe that.
Model S, but my neighbor pays a similar rate on his Corolla.This is mathematically impossible.
In FL insurance is significantly higher than the cars payment and doubles every 6 months .
Da fuck. I can't believe that.I am beyond tilted and exaggerating greatly but not by as much as youd think so lemme just have this vent lol
Do you mean 5k per year?For real numbers, I was quoted 11k per year on the Model Y by everyone except State Farm which was indeed 5k per year. Model S is more but so is the Y now.
I pay 5k a month in car insurance
State Farm which was indeed 5k per year
housing was cheap 10 years ago so a ton of people moved thereI remember 15 years ago visiting friends in Florida like "holy crap I can buy a condo on the beach for $90,000!!!"
10 years later, everyone finds out why housing was so cheap
housing was cheap 10 years ago so a ton of people moved thereThat's wildly unfair.
10 years later, everyone finds out why housing was so cheap
Any indication if this mainly motivated by political reasons or personal financial reasons like the real estate values depreciating where weather/climate issues are most concerning?
If the former, great and I hope they move to swing states. If the latter, I really wish we could force them to stay and live underwater.
But but but - right wing idiots like Joe Rogan and Ben Shapiro keep telling me of the massive flight from leftist Hell-scapes like California and New York to Christian utopia paradises like Texas and Florida???
What gives?
@sfcalimariIf you could read, youd know those are 2 different statements about 2 different times with 2 different cars.
I pay 5k a month in car insurance
State Farm which was indeed 5k per year
For real numbers, I was quoted 11k per year on the Model Y by everyone except State Farm which was indeed 5k per year. Model S is more but so is the Y now.the fuck?
the fuck?Florida.
Model S, but my neighbor pays a similar rate on his Corolla.
In FL insurance is significantly higher than the cars payment and doubles every 6 months.
I remember 15 years ago visiting friends in Florida like "holy crap I can buy a condo on the beach for $90,000!!!"
Glad I never did that.
U spend 60k a year on car insurance?The official non rage exaggerated numbers are: