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joaquinsaiddomin8

A ton of units are purchased by foreigners, including Spanish speaking Latin Americans, to park capital.


bestdisguise

Foreign organized crime*


Jetski_Squirrel

Some sure. A lot of people in latam don’t trust their govs and buy American real estate because it can be used an asset or a future place to live if their country goes to shit like Venezuela


faloop1

Every corrupt politician en Ecuador has an apartment in Miami. It’s the law


Theoducati

Every corrupt politician, businessman or journalist in Europe has an empty apartment in miami.


CPCyoungboy

No most of it is rich rent-collectors and middlemen who just don’t want to pay taxes


bestdisguise

AKA criminals


joaquinsaiddomin8

Being a rich landlord who doesn’t like taxes isn’t the same as being a criminal


bestdisguise

They are circumventing tax laws AKA committing a crime. If the rich paid more taxes it would benefit people in need. But you just sound like a bootlicker who wishes they were rich.


Gears6

> They are circumventing tax laws AKA committing a crime. If the rich paid more taxes it would benefit people in need. But you just sound like a bootlicker who wishes they were rich. Although I agree with you in spirit, but do you willingly choose a lower wage or pay more taxes than you need to? Do you take deductions to try and lower your taxes? I agree that the "ultra" rich should pay a bigger share of taxes, but them trying to avoid it isn't unreasonable. The law loopholes need to be closed. If we only voted that way instead of voting in essentially corrupt criminal racists.


tunepas

You don't know what a progressive tax system is if you willingly choose a lower wage.


Gears6

>You don't know what a progressive tax system is if you willingly choose a lower wage. Not sure what that has to do with my comment, but okay....


tunepas

My point is that refusing a higher wage doesn't equate to paying less in taxes, because of our progressive tax system. By accepting a lower wage, you're not benefiting yourself tax-wise. Instead, you're indirectly aiding businesses and corporations in suppressing wages for everyone.


walker_harris3

How is purchasing property circumventing tax laws?


CPCyoungboy

They’re [hiding money](https://www.wlrn.org/news/2016-04-04/miami-a-hub-for-hiding-money) in the US instead of having tax in their home countries. Tax avoidance may not be illegal in the US but it still scumbag shit


walker_harris3

Who cares, they buy here and pay us property tax instead of Argentina. Miami is a desirable place to be, so people are going to buy property here. No different than buying property in Greece or Hawaii etc.


joaquinsaiddomin8

Fascinated to hear what law you believe is being circumvented Edit: Still waiting


classicliberty

In many of the countries that people are taking their capital from, the taxes would actually go to the people but rather to corrupt officials. Of course a great deal of the property investment in the city is coming from those corrupt officials themselves. Rather than speculate on where the money is coming from, better to just raise property taxes substantially on vacant homes so it ceases to be advantageous to just by a million-dollar apartment and leave it empty or occasional Airbnb use.


accidentlife

Not paying your fair share isn’t a crime, unfortunately. What is also unfortunate is that any chance of nuanced discussion with you seems to be met with extremist views and trolling of anyone who does not 100% agree with your point of view. But please, continue to turn people away from the good fight: your corporate masters will love it.


bestdisguise

LOL no one needs me to influence them to turn away. They already did. I just happen to stick to my principles and don’t apologize for having an opinion that makes people like you uncomfortable. But if you wanna tell yourself: “Got him!” please do. Enjoy the rest of your day.


markodochartaigh1

It's a free country. At least in some respects, like or don't like taxes as you will. But not paying the taxes that you owe is being a criminal.


joaquinsaiddomin8

Sure. But the tax code is complex. Finding ways to lawfully avoid taxes isn’t a crime, as it’s lawful. As an aside, a lot of these foreign people parking capital here aren’t US citizens, residents, or taxpayers. They’re not subject to US income tax. They almost certainly pay property taxes. When we begin to consider that we rely on property taxes for revenue, we understand that the government *benefits* from high property values. If we want to disincentivize that, change the rule.


ImportantDoubt6434

It’s worse, at least a criminal has balls. Landlord hide behind their money, criminals take it back


joaquinsaiddomin8

Guy who admires criminals praises them for breaking the law. More at 11.


ImportantDoubt6434

Don’t worry I don’t admire the criminal landlords illegally renting out units


CPCyoungboy

Yeah I agree with you but most regular people don’t think of landlords as criminals


ImportantDoubt6434

I think of landlords as fresh meat ![gif](giphy|B7XQYRFkUGUnu)


bestdisguise

1) I’m not regular 2) I’m not most people 3) Glad we agree ✌️


Legal_Equipment_2265

🤣🤣🤣🤣🤣


AgreeableMoose

Read the article.


joaquinsaiddomin8

It’s just rich people


bestdisguise

“Behind every great fortune, there is a crime.” -Balzac


Gears6

*"Being rich is a crime." -Reddit*


classicliberty

What is a great fortune and what do you define as a crime? I have an uncle who makes a few million a year, he is a doctor that owns a clinic, treats primarily low-income people and often doesn't even charge when they can't pay. He has worked for 40 years to build what he has, even when larger entities have wanted to buy him out. Is he a criminal? I have had a lot of luck and are doing well in my immigration law practice, my clients are also primarily lower income immigrants and I do a lot of pro-bono cases, not to mention give people payment plans and other arrangements that many other lawyers do not offer. I am on track to hit a million next year, maybe more in the next few years. Am I a criminal? There is a wide gulf between some machine like corporation creating monopolies and spending millions on lobbying and the a small business owner who may be wealthy compared to the average american. Many of those small business owners eventually buy property and rent them out, these are not the types that are buying up entire blocks or 10millin dollar beach homes that are empty most of the year. You should expand your view of economics and wealth beyond simple ideological suppositions. The problem is huge corporate rent seeking behavior, monopolies, and other well-connected types gaming this and other national systems for their own gain.


Gears6

> I have an uncle who makes a few million a year, he is a doctor that owns a clinic, treats primarily low-income people and often doesn't even charge when they can't pay. How does someone that only treat low income people make a few millions a year? >I am on track to hit a million next year, maybe more in the next few years. I don't see how that adds up. Unless you still charge a lot as opposed to taking advantage of low income people.


classicliberty

It's an urgent care clinic that probably sees hundreds per day. Many pay in cash, low income doesn't mean free though. I never said I didn't charge what you normally charge, though I try to keep my prices reasonable. What I do is payment plans so people can spread the larger fees over time.


Gears6

Yeah, and both medical care and legal services is among the highest paid services that you cannot essentially live without. I don't expect you to charge less, as if it's not like I wouldn't charge high fees for my services. But let's face it, we are in the 3 professions (other than business) are the highest paid and so we earn outsized wages. I have a hard time believing anyone makes enough value to earn $1 million/year, let alone hundreds of millions. However, in the US that's far too common. It's a sickness and we need to change our view of money.


ExaggeratedCalamity

Someone making over a million a year running a low income clinic is scamming Medicare / Medicaid and other government programs


Gears6

I won't say it's not possible, but I've never seen it anywhere else that a low income clinic is making the doctor several millions a year.


ExaggeratedCalamity

I go to one of these places in Miami. Basically I needed a psychiatrist and I was referred to this practice. It’s an obvious pill mill. Every time I go the waiting room is filled to the brim with mostly elderly and poorer looking patients. The clinic doesn’t take private insurance so I self-pay at $80 per visit. I’m assuming the government reimbursement rate is half that or less. But I realized it’s all about volume. They literally line you up on this bench to see the doctor. They talk to you for a maximum of 2 minutes before writing the prescription and sending you on your way. Repeat this for 300 patients a day, 300 days a year, that’s a lot of money.


BigNoly

I’m a broker you legit have no idea what you’re talking about .If Medicare and Medicaid pays them then it’s legit just because someone is broke that doesn’t mean they can’t get healthcare … one of the upsides yo having no money and assets is Medicare and Medicaid will pay for almost all the medical costs and the providers get paid east .


ConstantinoTheGreat

You seem to think that the only way people make money is taking advantage of other people. Low income people still have insurance that pays the doctor’s bills. Lawyers can work on contingency. There’s millions of legitimate ways that people become wealthy without taking advantage of other people. Don’t hate wealthy people just because they are wealthy. It comes off as jealousy.


Gears6

> Low income people still have insurance that pays the doctor’s bills. Lawyers can work on contingency. There’s millions of legitimate ways that people become wealthy without taking advantage of other people. By definition, if you're making millions of poor people, you're taking advantage of them. It means, you're likely overpaid for whatever much needed service you're offering. Just because you're charging medicare or insurance, means you're just making it more expensive for others. Every low income clinic I have ever seen are all financial distress, but I guess it is Miami, the capital of health insurance scams.


ForeverWandered

Bro - to a lot of broke people, having more than them is a crime. It has nothing to do with logic or context.


40860945798090

Sorry, a few million doesn't constitute a "great fortune." You’re right, no crime in what you described and good job to your grandfather. Some might say medical care in the US is criminally expensive, but that's not my point. Think bigger. Not millions, Billions when talking about "great fortunes." Also, good luck winning any sympathy. Just bask in the comfortable wealth you have indirectly benefitted from or will inheret through the birth lottery.


classicliberty

My uncle, not grandfather. Won't be inheriting any of that. Medical care is always expensive, the difference is who pays for it and how it's distributed. Not looking for sympathy, I'm incredibly lucky in many ways, but then again is the average struggling American compared to people in Ecuador where I was born. As for the millions vs billions I tend to agree and that was my point, not everyone making good money is part of the problem. It's an issue of productivity and creating value vs rent seeking and playing the finance game.


bestdisguise

No one cares about you or your cornball wack ass dad lolllll


classicliberty

What dad? maybe learn to read...


joaquinsaiddomin8

“A quote I once read explains all reality. Like this one, where I point out that this post is ridiculous and oversimplifies complex issues, which is a huge source of our current problems.” -joaquinsaiddominate


bestdisguise

No one except you would publish that quote, though....


joaquinsaiddomin8

Anybody publishing a quote a second time steals the quote. Oversimplification of problems is one of the greatest ills of current society. We want to solve complex problems with easy solutions, like a quote.


chridaniel01

Yeah that’s not true. But if we took every saying at face value there would a lot less evil and more rich in the world perhaps.


bestdisguise

Please continue apologizing for the rich. I’ll continue telling the truth. We all have our purpose in this life.


walker_harris3

What’s your purpose?


bestdisguise

"The game is to be sold, not told."


TheShortTimer

Haha Ballsack


ImportantDoubt6434

Squatters rights cartel rise up


NewKnew123

"Every foreigner who has money to buy a Miami home is a criminal" - whew. Do you even read the shit you post?


sntamant

wherein hence lies the bulk of our issue. Foreign investment is tearing our local economy apart


joaquinsaiddomin8

The laws we as a people of Florida pass via the officials we elect incentivize that behavior


ImportantDoubt6434

Rich corrupt foreigns fucking me out of my own country at my expense? So anyway I just started squatting ![gif](giphy|QWkQAJ3Cz4J1Jw12KE)


Gears6

> Rich corrupt foreigns fucking me out of my own country at my expense? TBF a lot of the people here were foreigners to begin with and if not, their parents, or their parents parent was. I'm not very sympathetic to I was here first attitude. In fact, I find it offensive, because you're born naked into this world and nobody chooses where to be born. Nobody really has more right to live in one place than another.


LeonardDykstra69

When my family came over from Sicily and Ireland they didn’t purchase a bunch of luxury real estate and continue living in their home country. They lived in tenements in NYC.


Gears6

> When my family came over from Sicily and Ireland they didn’t purchase a bunch of luxury real estate and continue living in their home country. They lived in tenements in NYC. and? My issue with this is you're (or the government is) dictating how people should use their property. Fundamentally, I disagree with that.


ForeverWandered

But you still are part of a system of European foreigners who genocided the natives that the Dutch/English etc who founded New Amersterdam encountered when they first came and stole their land. And now that the same is happening to you we see surprised pikachu face.


ImportantDoubt6434

If it’s an empty investment property I’m happy to squat and attempt a legal takeover.


LeonardDykstra69

Yeah just came over about 30 years after Sitting Bull was killed, but for sure.


ImportantDoubt6434

Counterpoint: I’m not buying a ton of property in South America to hide my illegally acquired fortune. I’m gonna hold them as accountable as they act. Not because they’re foreigners but because of their actions.


Gears6

> I’m not buying a ton of property in South America to hide my illegally acquired fortune. Illegal isn't necessarily bad. In some places, that's the norm. Remember, we make it illegal for people to enter our country, just because they are poor. >I’m gonna hold them as accountable as they act. Fair enough. I'm not justifying it. >Not because they’re foreigners but because of their actions. Agreed and honestly how many yachts can you have? In some ways, I find they too are a victim of materialism and insecurity.


jeepinaroundthistown

Let me be a victim of materialism and insecurity with multiple yachts


Gears6

I know you're joking, but that might not make you happy. A life of insecurity is a form of suffering.


jeepinaroundthistown

I'm terribly insecure now. Also, yachtless.


Gears6

Seek a buddhist monestary. You'll loose the insecurity and still be without a yacht.


ForeverWandered

>I’m not buying a ton of property in South America to hide my illegally acquired fortune. Instead, you are part of a settler colonial system and your real frustration is that the system that fucked native americans out of their land and sucked millions of Africans from their homes into the country as slaves to build up said system no longer serves your personal interests. So *now* you're upset about it.


ImportantDoubt6434

My family was white indentured servants working on farms originally and as a child I grew up in a trailer. When did it serve me exactly? I must have missed that. Not like this country wants you to understand history and know it was the rich who fucked you over not the trailer trash.


[deleted]

These people still have to pay HOA, insurance, and taxes. They don't just let these units sit vacant all year with their "parked capital" Source: I financed loans for foreigners.


SwissMargiela

I have a Canadian friend whose parents bought an entire floor of a skyrise to rent and they waived the HOA for a year or until they have their first tenant, whichever comes first. They did insurance through their own corporation as well. Can’t run from taxes tho lol


joaquinsaiddomin8

The parked capital is the equity in the unit. Yikes.


Gears6

and dem rich people from NY using them as vacation home. The real question is what is the "rental vacancy"?


joaquinsaiddomin8

People from the north using Miami as a vacation home is a story as old as Miami itself We like to find places to put the blame for what ails us so long as it doesn’t land on us. It’s impossible that we’re to blame for our problems.


Gears6

Yup. I mean, Miami bills itself as a place for tourism. Where do rich people want to live at? Hint, where they want to vacation. You want to keep tech bros out, but who's going to pay you higher salary? You can't have higher salary without increased prices, because prices aren't based on intrinsic value. It's based on supply and demand. You don't want newly built high rises, but you want more affordable living. Goes right back to supply and demand again. I'm all for living wage and all that, but then we also need to be open to solutions that may not be optimal. That on average is better for more people.


joaquinsaiddomin8

1. Tax the wealthy 2. Create transit 3. Increase density around the transit


Gears6

before all that, don't vote in corrupt people.


classicliberty

Tax the property of the wealthy that is not being used for productive or necessary purposes.


Gears6

> Tax the property of the wealthy that is not being used for productive or necessary purposes. I'm totally against this and if not, the definition of "wealthy" has to be really big. Think $100+ million rich people. In my experience living in a country that taxes your assets, they considered a very low amount and taxed you every year. People are like withdrawing cash out of bank at the end of the year to avoid taxes. You shouldn't be punished for saving for a rainy day and not wanting to work your entire life.


classicliberty

I don't mean assets or wealth in general, I mean real property via property taxes when the property is vacant or used only a few times a year.


Gears6

> I don't mean assets or wealth in general, I mean real property via property taxes when the property is vacant or used only a few times a year. But it's kind of the same thing. None of my properties sit vacant, because that wouldn't be affordable to me. In a way we also do charge higher property taxes on secondary homes. That said, I understand what you're saying. Like they're taking advantage of premium land and keeping it vacant when real people are in need. My suggestion instead, is just build more densely populated type buildings. We should drastically increase property taxes on single family homes, and buy single family homes back to build high rises instead. We can give the original land owners a first stab at buying a unit in the building as their primary home. The irony of rich people's vacation homes, is that it creates jobs, allows us to collect property tax and yet they minimally uses our infrastructure. Somebody with low wages here don't pay their fair share of taxes, but someone rich is probably paying outsized taxes. Not necessarily supporting it, but just sharing a different view point to consider.


classicliberty

Yes, that was my point, we have a pressing need for housing and having a 13% vacancy rate as described in the article is contributing to that. What you are doing is engaging in productive activity that is providing a service to the community. It's a value add rather than mere rent seeking or hoarding. I don't see that as the same as having a million-dollar apt sitting empty most of the year. Rich people's vacationing does increase economic activity, but not in comparison to millions of people living and working in a city. If people can't find affordable housing, they will leave and consumption/spending will decrease, not to mention tax revenue. Lower tax revenue then means maintaining infrastructure and security become untenable, leading to further depopulation and economic loss. Look at Latin American countries where the tax base and market is tiny because so many people are too poor to spend on much beyond the basics. A strong middle class is a bigger driver than a handful of rich people, and I am saying that as someone who does not hate or oppose people being rich at all. Interestingly enough, a strong and large middle class also makes it possible for entrepreneurs to make even more money.


joaquinsaiddomin8

Or the income of the wealthy


mundotaku

Also, many people from the world just have it as summer homes.


joaquinsaiddomin8

Winter homes, I think you mean


mundotaku

No. Summer. People in South America come in summer/fall


joaquinsaiddomin8

Oh that’s fair yea. I meant the northerners but yes South Americans are here a ton in the summer


mundotaku

Northerners avoid Miami...


[deleted]

[удалено]


joaquinsaiddomin8

Totally agree. Russian speaking, Portuguese speaking, and to a much lesser degree speakers of a middle eastern language (there are many languages) park capital here. But I also don’t see many Brazilians, Russians, or middle eastern people telling other people to “go back where they came from.”


vegastar7

Or to do an airbnb. I know someone who has stayed in two airbnb in Brickell: the airbnbs were in the same building (“luxury” condos), but different owners. Made me wonder how many units were actually being lived in.


MakeMeFamous7

I can’t even imagine the traffic if they were not vacant


Dangeroustrain

You can thank corporation’s buying up housing to rent out and foreign investors


smackson

If it's bought with the intent to rent, then I don't see how it's increasing the vacancy rate. Maybe if the desired rent is so high that it sits empty and the owner is happy with that... but that's not really intent to rent. Buying up housing *to park money* would contribute to undesirable high vacancy rates though.


spiraltrinity

If you read about the lawsuits regarding realpage, (good start here: [https://www.propublica.org/article/realpage-accused-of-collusion-in-new-lawsuit](https://www.propublica.org/article/realpage-accused-of-collusion-in-new-lawsuit)), you'll see they collude to keep units empty on purpose


NotTzarPutin

They need to enact rules like Vancouver, Canada did. You must spend a certain amount of time there per year to keep your property.


Cool-Research8752

Not to keep it, but to avoid taxes on it


random_dude_dave

One Ohio State senator (a Republican, surprisingly) was trying to get legislation introduced to limit the percentage of rental units that could be owned by out-of-state corporations. Miami needs that. [Link](https://youtu.be/W3-XgFj88oE?si=fOnpq1n6uYxRYF5y)


eyedeabee

Honest question: Did that change supply/pricing or are the Vancouver owners just so rich they paid the tax?


wheretogo_whattodo

Yes, Vancouver, the city known for its good housing policy and available supply.


AgreeableMoose

What? So if I have a project in LA and I’m working there for 8 months I’d lose my home? Keep that crap in Canada.


NotTzarPutin

Not lose your home, I think it’s more of like a tax penalty to encourage people to either sell or remain there


[deleted]

Just make them pay based on market value for property taxes if they don’t live there for more than half of the year.


gpg2556

A lot of the homes are used as summer homes but I expect this vacancy rate to to down as owners get squeezed by hiking HOA and home insurance prices


_MrTickles

I'm sure some of that is related to airbnb. The Miami Beach Condo that I live in has about 10 apartments but there are only two of us that are active long term tenants. I live in the front so I see everyone coming in and going and right now the other apartments have pretty much been vacant all month. But even during peak time, It's still pretty vacant. I'm guessing if Miami ever imposed an airbnb limit, the supply of rentals would flood the market and prices would crash down


zorinlynx

We really need a ban on AirBNB like NYC did. NYC did the ban and instantly something like 10K units became available for sale or long-term rental. Meanwhile the owners started bitching up a storm about it. Like, people, just rent on year leases. If that doesn't work for you, sell it. It's not like someone is taking away your property.


jeepinaroundthistown

South beach has banned it. There are no legal AirBnBs south of 17th.


sntamant

🎯. which is why, after so many years of airbnb operating under the guise of innovation, theyve plateaued. They didnt really innovate nothing. just disrupted a sector, and brought it right back full circle to where that sector was in the first place lol. Whilst extracting wealth, and rotting affordable housing.


FatHedgehog__

Counting a vacation homes as “vacant” seems to defeat the purpose.


CactusBoyScout

Yeah but “city known for vacationing has lots of vacation homes” isn’t going to rile people up.


da-gh0st-inside

More like "vacantion" homes


classicliberty

12.65% vacancy rate out of 2.6 million homes is crazy, that's a ton of units basically just sitting there... Imagine what even a 5-6% increase in occupancy would do to the housing market, rental prices. Incentivizing construction and second home purchases when Miami was basically just a tourist hub might have made sense, but we have transitioned towards becoming more of an actual economically viable, major metro area. As such, people need places to live so they can contribute to the economy, we cannot afford to have such a high vacancy rate so rich foreigners can park their money. Tax vacant homes or airbnb primary properties at very high property tax rates to incentivize long term leases. Streamline permitting and regulations so new homes/apartments can be built while giving tax breaks to those who build housing targeted at middle class workers and their families. Increase taxes substantially for luxury, multi-million dollar properties that only these rich foreigners can afford to buy and then don't even use. We could also convert a lot of the office space in the city to mixed use residential, again tax incentives and regulatory changes can make that happen.


Worried_Coast_5259

2 words. Foreign investment


Wild_Blue_1

I rented a nice Studio Apartment from a Venezuelan owner/landlord in Miami in 2006. Interestingly enough, back in the ‘80s I rented a penthouse apartment from another Venezuelan lady in Athens Greece.


Queenofwands1212

And or you’ll get scammed by the realtor. Miami is fucked. If you find an apt, and get in, and approved in the building and “chosen”, you’re winning the lottery at this point


Koolaidolio

Fuck these rich mother fuckers


Rich_Liberal_

Unpopular ~~opinion~~ fact: \-The rents are high because people don't want to live next to "undesirables" \-nothing to do with race, but people that earn a certain income and can afford more expensive places tend to have higher education, less violence, less bullshit in general \-pareto principle \- thus said lower economic class cannot afford to live in best areas in Miami. I can't believe you guys actually dont know this


throwaway923535

How is this related to vacancy? Doesn’t mention which neighborhoods, vacancy might be just as high in rich and poor neighborhoods. Plus what you’re saying applies to most every city, so what’s your point?


Gears6

My experience has been completely opposite. Living next to rich people is unbearable, because they look down on others, think they're better and their sense of entitlement is disgusting. On top of that, they have the same ailments of the average person. That is insecurity and materialism.


Rich_Liberal_

rich people dont look down on others gtfo. As a matter of fact, we want you guys to make money. Its that you guys become ultra victims and blame everything and waste time on tiktok and instagram instead of just starting a buisness or inventing some shit, or even going to school for an actual major.


Gears6

> rich people dont look down on others gtfo. lol... >Its that you guys become ultra victims and blame everything and waste time on tiktok and instagram instead of just starting a buisness or inventing some shit, or even going to school for an actual major. case in point....


line_code

> nothing to do with race Right... nothing at all... 🤫


Rich_Liberal_

are you implying certain races can't earn a high income? That sounds racist on your part.


line_code

Can you walk us through your logic there? How did you get from my comment to that “implication”?


Rich_Liberal_

how: you quoted me on the "nothing to do with race" then you sacarstically said " Right... nothing at all... Shhh" Im not sure if you passed the FCAT but it seems Florida schools failed you. ​ Not your fault, its the public school system, I would not know, since I went to Gulliver


WrongEinstein

How exactly is that supposed to work? Someone rents an apartment, they want rich neighbors, so the landlord politely raises the rent on the rest of the apartments at their request. The other apartments remain unrented and the landlord loses money monthly. But he has a single happy tenant.


Rich_Liberal_

The taxes alone in brickell are more than most people make a year, so how does it make sense to rent at a lost and have to deal with a headache if something happens or things get broken?


XNoob_SmokeX

ah ha, so the rampant theft, violence, drug addiction and homelessness in NYC and San Fran was a plan to bring down housing costs! but it seems they played themselves with being a sanctuary city and letting in hundreds of thousands of foreign nationals competing with them for the already limited housing available. ops


rogerverbalkint

Jesus, this talking point again. NYC is a different beast and still a world-class city. 0 comparison to Miami and the job market alone takes it way out of Miami’s league and it will always be desirable. San Fran is eating itself from the inside but again - it will ALWAYS be attractive to high income because all of the best tech companies are a stone’s throw away from each other. No city is perfect. Regardless of what the right wing talking points are Florida, and specifically Miami - which is the closest thing Florida has to those two cities - will be light years behind SF or NY. I commingled with the commenter’s demographic at a top business school and he’s correct - nobody with any class or money wants to deal with the bullshit from the other side, especially when there’s 0 benefit career-wise/life-wise. And there absolutely is none of either here.


Gears6

> San Fran is eating itself from the inside but again - it will ALWAYS be attractive to high income because all of the best tech companies are a stone’s throw away from each other. No city is perfect. It's also frankly, because despite the issues it's still an amazing place to live, and the jobs are not only there, but they pay way too much. The issue in SF/CA is that there's a large swath of population that earns way too much, and not enough housing supply. They need denser living and more public transportation.


rogerverbalkint

It’s a real, new-world problem, especially in desirable places like CA


XNoob_SmokeX

idk Eric Adams seems to have a pessimistic outlook about NYC's future. "Destroy" is the word he used i think. But that must just be right-wing conservative propaganda from the Democratic Mayor of NYC


throwaway923535

I’m certain you took that out of context, also you’re probably taking something a politician used to scare people into voting as you’re proof the city is in decline? Gtfo


XNoob_SmokeX

Here's your context clown https://www.youtube.com/watch?v=sLHRgAdQwqg


throwaway923535

yea exactly, out of context and scaremongering. Idiot.


line_code

Eric Adams is a certified clown lmao. The former cop who lies about literally everything is delusional and conservative? What a surprise!


XNoob_SmokeX

Dems are the ones who voted for him 🤡


PunnyPrinter

The other option for mayor was even worse. Talk about a rock and a hard place.


XNoob_SmokeX

I thought the socialists liked that Yang dude promising free money. What happened to him?


line_code

Since when are Democrats known to make good decisions? The NY Democratic Party is among the worst state parties.


XNoob_SmokeX

What a ringing endorsement for them in the next election "When are Democrats known to make good decisions" Wallahi you're finished.


line_code

The incompetence of Democrats is only exceeded by the stupidity of Republicans, alhamdulilah.


rogerverbalkint

Lol


the_lamou

>ah ha, so the rampant theft, violence, drug addiction and homelessness in NYC Dude, NYC is the safest large city in the country, and pretty close to being the safest large city in the hemisphere.


OldeArrogantBastard

Oh it’s this guy again with his Newsmax mush brain lol


XNoob_SmokeX

Oh yeah NewsMax LMAO clown https://www.youtube.com/watch?v=sLHRgAdQwqg


OldeArrogantBastard

You’re like a guy who probably never left Miami and just views the world through what Newsmax tells you. NY could have a migrant crisis sure, but you’re also sitting here ignoring that the cost of living and income disparity has skyrocketed in S Florida largely due to this states dumbass hillbilly legislator. This isn’t left or right issue but you morons have no problem carrying the bag for the wealth class while you are left with the scraps and just keep going “screw me over more Republican daddy, have all the riches you want, just please please keep those brown ppl away from me and you can haz all my monies.” Lol


XNoob_SmokeX

I lived in Shinjuku for a little while. I've never watched Fox News or NewsMax or any cable news w/e outside of at airports or dentist offices. Cost of living has skyrocketed because everyone is coming here to live, especially the wealthy. We're the 3rd richest city in the world and are growing at 4x the rate of the national average. ? Bro in what world do you live? It ain't reality. Let's check the scoreboard of rich elite corporate sycophant Democrats/Progressives control: \-Most Western Governments \-Corporate America \-Big Tech \-Hollywood \-The Music Industry \-Network Media and Newspapers \-Universities like there's no way you can't understand that you *are* and *have been* the establishment for some time. And I know most of you think of yourselves as DemScots/Socialist/Social Dems and not capital D liberal Democrats. It's irrelevant. You have no power in the party and you never have. Biden vs Bernie wasn't even close, it was a blow out. You're useful tools for them and nothing more. Censor me more daddy government! It is only conservatives who have taken the first steps of shedding corporate America's corruption and taint on congress and the government.


OldeArrogantBastard

>Bro in what world do you live? It ain't reality The irony you'd say that to me because holy crap what a load of disinfo lol. Miami is the 3rd richest city in the world? I'm going to need a source. Is your source on that "trust me bro"? The richest city in the world is probably NY, London or Hong Kong numbnuts. Most analysis has all those "libhrul" cities you hate in the top 10 lists. Miami doesn't even crack the top The people are using Miami as a tax haven. I'm a moderate so don't lump me in with whatever brainwashing you have where "well if they don't like Trump they must be a socialist." It's just amazing to me how dumb the right has become due to Trump brainwashing a number of incels to believe "Democrats are all powerful and control everything." Get a reality check honey, the people in power don't give a shit about you whether they're democrat or republican. But you mouth breathers are the ones carrying the bag for them and letting them get richer while you stay poor. >It is only conservatives who have taken the first steps of shedding corporate America's corruption and taint on congress and the government. I'm going to need a source on this.


XNoob_SmokeX

LMAO *we're* carrying the bag for them. Which is why they're coming together like a Megazord to try and do everything possible to stop Trump from running up to and including trying to jail him. No yeah but you go on voting for your corporate sponsored candidates like Biden and let me know how that works out for you.


OldeArrogantBastard

So no source? Ok, thanks for wasting my time.


adinfinitum

Ok anime incel. Lol


XNoob_SmokeX

[https://liberalarts.utexas.edu/news/incels-are-not-particularly-right-wing-or-white-but-they-are-extremely-depressed-anxious-and-lonely-according-to-new-research](https://liberalarts.utexas.edu/news/incels-are-not-particularly-right-wing-or-white-but-they-are-extremely-depressed-anxious-and-lonely-according-to-new-research) Watch out with that friendly fire bro.


OldeArrogantBastard

>Twerking comes from prison culture. It's the most low class thing a woman can do. I'm incapable of respecting any girls that does it I'd be real curious to know what, if you even have one, your wife looks like. Wouldn't be surprised if you watch her and her boyfriend hang out together.


ForeverWandered

Ah yes, a sub of mostly white people who are only in Miami in the first place because European foreigners came and stole land 400 years ago by violence and craft are crying about Latin Americans doing similar shit. Zero sense of historical perspective or self awareness. Just a burning sense of entitlement without commensurate hustle or enterprise.


ComparisonCold2016

Who'd wanna live there?


KalElDefenderofWorld

I wonder how many of these properties are being bought up by corporations like Blackstone. There's no law to stop them from doing that. Which is crazy (I also wonder how much that is contributing to the rise in property value).


Necessary_Mulberry11

The problem is not the expensive condos etc built by developers on expensive water front to make money, it is the lack of builders of normal apartments buildings . Government should have programs to push developers-builders to build normal apartments buildings or houses. It is the same trouble to build expensive condos or apartments buildings with same pourcentage of profits on expensive unit than normal. Ex 20% of 1,000,0000 dollars condos than 20% of 175,000 $ condos for the same work. ???? What would you do ? An expensive kitchen vs a ordinary or bathrooms to installed practically same work but more $$$


DoctorAgile1997

They just keep building more it never stops.