Money continues to pour into South Florida as the area reinvents — and a whole new breed of home-buyer and consumer follows.
3 baby-faced Florida teens arrested for ‘credibly’ threatening to shoot classmates on ‘kill list’Florida senior faces hard time for allegedly planning to sell ED drugs at retirement community
More than three years into a mass migration of both money and people to the Sunshine State, Florida’s property market continues to outperform nearly all of the rest of the US. What began as a warm-weather haven from pandemic restrictions, has turned into a place not only catering to the current influx of professionals but doubling down on the premise that even more are still to come.“The old, 1980s Florida is disappearing,” said Ken H.
“Florida is being reset and restructured in a way that no one else is,” said Jonathan Miller, president of real estate appraisal firm Miller Samuel. What differentiates this current cycle is “that all of this is happening without a tremendous amount of international demand” which fueled previous Florida housing and population booms. So what is, instead?
Motwani says he regularly fields calls from executives asking for logistical help on making a move south. “Sometimes it’s just things like ‘Where should we look?’” Motwani said. “Other times, it’s to talk about talent, or ‘Can you connect me with another C-suite person who moved?” top Miami-area schools have become so crowded that billionaire newcomers are literally writing multimillion “charity” checks to ensure places for their children.
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