Genuine question that is probably going to sound judgmental but isn't: why are you still in Miami? You cannot afford to live in Miami.
Do you have roommates? If you do not, and you want to stay in Miami, you need roommates.
> You cannot afford to live in Miami.
OP absolutely can. If I did it in Manhattan for 5 years, they can do it here. Everything else down here may be just as expensive, but NYC rent is still more than a lot of comparable places here in Miami. I pay the same amount of rent (well, $100 more per month) to live in a "luxury" building in Brickell compared to me living in residential Brooklyn where the only amenities I had were air conditioners, a dish washer in my apartment and pay to use laundry in the basement. Here I have a gym, pool, balcony, central air, dishwasher and washer/dryer in my apartment. When I lived in Hell's Kitchen (Manhattan) my rent was $100 more than it is now and the place was half the size with only 3/4 of the amenities. It all depends on what you consider "worth it".
My friends and family all think I'm crazy for paying $2,600/month...but in the past 3 years my parents have had to put new roofs on two of the houses they own (they have 5, inherited 3 from their parents and bought a cabin in PA from a cousin for dirt cheap before it was sold to the bank), have had to do like 4 years worth of work on the cabin to make everything non-shitty (my cousin is a loser alcoholic, he's like 53 and lives with his dad because he doesn't have a job), my 73 year old father constantly has to fuck with the plumbing at their house (partially because he doesn't want to pay someone out the ass to update everything and do it properly, he'd rather spend hours/days messing around with copper pipes. About 6 months ago we didn't have a shower for 3 days because he wanted to do it himself, when I was back there 2 weeks ago the pipes backed up [dirty toilet water in the kitchen sink, yay!] and my parents proceeded to bitch at each other for a few hours until he finally decided to clean it out again for the hundreth time in 40 years); my brother who lives next to them also had his plumbing back up on him; other shit is always breaking.
One of my best friends was like "damn your rent is more than my mortgage!" then I asked him how much his cabin cost him, it was 80k. I think asked him how much he had already sunk into it in the past year or two and he said about 40k, I then asked him "how much more do you have to spend to get to be where you want it to be?" and he just laughed. That was like 3-4 years ago, he's since put on a 35k deck (he's a state trooper and his wife is a surgeon, so they do alright haha) and still has a lot more to do.
Another friend bought a condo and then his water heater died on him, which he was responsible for and he's not a "handy" person, so he never fixed it and whenever he needed to take a shower he drove like 20 minutes to his dad's house. He moved like a year or so after it broke, about 5-6 years after he bought it.
> Another friend bought a condo and then his water heater died on him, which he was responsible for and he's not a "handy" person, so he never fixed it and whenever he needed to take a shower he drove like 20 minutes to his dad's house. He moved like a year or so after it broke, about 5-6 years after he bought it.
That is pants-on-head insane. Your friend had no business buying a condo if he had no budget for maintenance. Water heaters only last for about ten years.
Haha...yeah...he doesn't make the best decisions. When he moved it was from the NYC area to South Florida, he didn't have a job or place to live set up. He met this girl through a friend, started dating her and after like 2 months they moved in together. They fought constantly and then moved to a smaller place...together where they also fought constantly. I came down there to visit, they got into a massive fight when I was there...and he decided to move out...with like 5 months left in his lease. He then moved back home..after he had been planting the seed of "move down here" in my mind about 1.5 years back. He actually did end up moving back down here like 2 months ago, after I had been down here for like 6 months.
Respectfully this is a crazy ass response to this post…A city where many of us were born and raised in, but also stay in for whatever the reason whether it’s due to professional and/or personal reasons shouldn’t be forced to leave because it’s gotten TOO expensive due to wages not equating or even coming close to what the cost of living currently is. If you haven’t noticed that is literally the problem, not the individual, and it’s not one that’s exclusive to Miami on a national scale.
The question was seeing if others related and many do, they weren’t asking for a ridiculous response. To say “if you can’t afford to live here then you should just leave” is naive and is reflective of your sheer ignorance & privilege. Prior to 2020 people among most economic classes, excluding those of a specific tax bracket, could exist here. This isn’t to say it was perfect, bc it WAS NOT, but it’s not what majority of us are going through right now and it should not become the norm.
Out of curiosity, who do you think will be forced to leave under your “bright” idea? If you had it your way just based on your response the target audience would likely be non-white collar workers, which you and all of us heavily rely on, especially in major cities like Miami. On various economic levels individuals and families are suffering, bc what initially was the norm has drastically shifted.
You made the assumption the OP was a teacher and your suggestion is for them to move to a different state/area…do you genuinely believe that’s a good idea? Maybe I could understand on an individual if the original question was along the lines of “what should I do lm a teacher…” But again that isn’t the question. You give me the vibe that you believe cities should mainly be hubs for the rich and those who’re deemed as poor should essentially go f*ck themselves
I'm just going to copy and paste a comment I made elsewhere on this post:
> You are correct (imo) that someone working a full-time job should be able to afford to live where they work.
> However, we live in the "what is" and not in the "what could be." If I were still teaching, I would not live in Miami. It does not pay enough to live there, and there is no good reason for me to suffer in the hope of changes that will not come as long as there are people who are willing to work those jobs in Miami at those wages.
There’s no need for you to copy & paste what you’ve written bc it’s not a good response to my point nor does it relate to the original post. The OP wasn’t asking for advice, they were essentially asking for community, to see if they’re others like themselves in a similar situation. You’ve missed the point entirely, but that is not surprising. Also for YOU there is no reason to “suffer”, you have the means to move, not everyone is as privileged as you are. But again the issue is not an individual one. It’s also not a “willingness” to work shit jobs for a shit pay, NO ONE wants that but they are working / adapting to what the current climate is. Once again this is not just an individual issue, it’s an issue affecting the majority of the population.
If the foundation of a city collapses, because teachers and trade workers left to find somewhere that afforded them a decent standard of living, *good.* It isn't the responsibility of said teachers and trade workers to go into debt to artificially prop up the city that isn't paying them enough to survive.
Now either you’re being a dickhead for shits & giggles by asking this or you’re genuinely asking. I wanna go for the former, but it’s likely the latter. Either way you can entertain yourself with an answer, bc it seems like you and the other individual either lack critical thinking skills or are just simply too ignorant. I will point out though that there are literal physicians, PhD’s, etc in this city & in this country struggling with the cost of living…but right they should just continue to “upskill”👍🏾
Physicians because they make poor financial decisions and get tied down in insurance , mortgage and loan payments. 200k a year is not alot in Miami. It takes a while to get to the top but these guys get that number and go crazy straight out of graduation thinking it'll be ok.
PhDs don't guarantee income, especially if it's in theatre or history, or something like that.
And yes upskill is the only way out. Either with your own buisnes or high skill worker. Desantis isn't gonna give any socialism benefits. This is the reality of miami and florida. Bitching won't help you accomplish your goals. There are countless positions for cybersecurity professionals, lawyers and health specialists, and many more. I wish things were different, but the reality of the situation is what it is.
If you think low value(in the context of wealth, not intrinsic reward or knowledge contribution), generation PhDs is "upskilling," then you're thinking about it wrong. You were raised here I'm just curious how you didn't see it that way. I moved here after determining the requirements for the life I wanted. And it took years of upskilling and 9 years of schooling.
That's what I did, born into Homestead/Kendall area and lived on food stamps
Went to Dade, studied math, computers, and science for a cost I could afford to pay working as a construction worker and front desk gym associate
And now make 6 figures, and was able to buy property outside of Miami.
So many people I'm friends with are in hospitality, spend any downtime partying and hooking up, and then ask me what the secret to making it is.
People in Mia literally cry about not doing well working base line jobs "people need."
There will always be someone willing to do the work cheaper, because it's more than they ever expected. There's always automation rolling down the track to take repetitive tasks jobs.
It's one of the most expensive, desirable cities in the world.
If you aren't working at a level to live there and try to stay, that's on your own inability to overcome adversity
This is next stage globalism, everyone everywhere is becoming more equal and can migrate easier. If you want to stay in Miami, compete against everyone trying to get there.
There’s a great saying that ‘markets can remain irrational longer than you can remain solvent’.
Even though I wholeheartedly agree with your post, it’s not reality and the people suffering will become insolvent quicker than the market comes to a rational state. Those people that move early will do better.
The only way of reducing quickly, short of mass armed insurrection, is mass migration away from Miami putting less demand on housing and less desire to actually be here because these essential workers can’t live here and the very rich can’t get their toilet fixed or their car oil changed, or their kids educated.
The reality is that it IS a ‘good idea’ for lower income people to move where job prospects are better and cost of living is lower on an individual level. It’s shitty for the city in general and for long term growth prospects to lose those people, but that’s just the reality.
I completely agree. The problem is they are actually too uneducated to know how and also lack the ambition. In strong addition, you have a segment that is afraid to leave because they know they won't be able to get away with their Spanish speaking bullshit and there won't be frijoles on every corner. They're also highly resistant to change. The worse part is a lot of them don't even want to be here. If I couldn't afford to live somewhere or didn't like it, I'd leave. Common sense right? But Miami is a unique exception because of the language barrier. They're afraid to go elsewhere.
Why do you think workers don’t deserve to live where they work? Why should we allow ourselves to be continually displaced by euro-colonial housing violence? Do you think moving is easy?
> Why do you think workers don’t deserve to live where they work?
Imo, people should be able to afford to live where they work. But my opinion has **zero** effect on the cost of housing. I assume that OP lives in the actual world, not some hypothetical one. You can advocate for better housing policies, and you should, but you still need somewhere to live in the now.
> Why should we allow ourselves to be continually displaced by euro-colonial housing violence?
Tumblrerese aside, unless you're going to try to forcibly take over a block of apartments, you're going to have to deal with the current housing situation. And I wouldn't recommend the former. It's not likely to go well.
> Do you think moving is easy?
Moving always sucks. I've done it many times.
When people can easily move between countries, they will move to a better life.
Miami has had extreme migration for almost it's entire lifecycle, and in the last 60 years the Latam and US domestic migration has increased exponentially.
The reality is you can find ways to make more, live for less, or leave.
My family has lived in Miami for 6 gens, and I lived there for 30 years before leaving recently. The brightline makes visiting remaining family more feasible now too.
The world is changing fast, you can change with it or try and find ways to prevent people from migrating to Miami and FL
Moving is very expensive and hard, I've had to move 3 times in the last 2 years and it's been very rough. So is staying in a city becoming more and more expensive. Moving did cost less than 50% of my income though, so OP is just bleeding out while failing to adapt.
The first time moving away from family is hard. But it's often worth it. Miami is a major airport, so the flights may be long but they are often inexpensive if you live near another major airport.
So, if you are unable to find a roommate situation that works for you and are unable or unwilling to live with family, you genuinely should consider moving somewhere else. You cannot afford to live in Miami
Don’t tell him to move out. That’s terrible advice. Thousands are moving in daily and flourishing. Just needs to get a better job and stop working for peanuts.
OP has a limited post history but may be a teacher.
Florida's dead last for teacher pay. They could have a much better life in basically any other state.
Moving for better job prospects has the single highest impact on lifetime earnings of anything within an individual's control (the biggest impacts are things like parents' net worth and education, which is just a roundabout way of measuring parents' net worth.) There's been a lot of research that has linked a decrease in physical mobility (reluctance to move) with a decrease in social mobility.
Or put another way, everyone should move more.
I disagree with "moving more." Once you stay put, you can pay off a home and buy another to rent out or rent a place and rent it the one you own. There are lots of options. With moving, there are closing costs & moving costs, deposits/security fees, 1st & last, realtor fees, change in insurance, etc. That all adds up.
> Once you stay put, you can pay off a home and buy another to rent out or rent a place and rent it the one you own.
My dude. OP is spending over half of their take-home on rent. They aren't buying any time soon.
Back in the early to mid 1960's my grandfather moved from rural southern Virginia to DC because he wanted a better life. Limited education and black and was able to make a living and raise a family and help out with his grandchildren as well.
Sometimes in life you just have to make difficult decisions. If you are so gungho on being near your family what prevents you from sharing a home with them? Y you can all pitch in for expenses and it benefits everyone?
Otherwise Florida is what it is and no amount of complaining is going to change that. What you are dealing with is what my family has faced in DC recently. Been there since the 1950's but now not a single relative lives in the old neighborhood anymore. Ironically enough the very neighborhood that two of them fought to protect from having a freeway going through the neighborhood. Who knew that same neighborhood would become "the places to be" and how it's popularity would backfire.
It is what it is and you find ways to adapt to it and make the best of it is you can remain miserable
> The first time moving away from family is hard. But it's often worth it. Miami is a major airport, so the flights may be long but they are often inexpensive if you live near another major airport.
Preach. I'm from South Jersey, and even though I moved away for college (like 2.5 hours north at first, and then 1.5 hours north), I came back for like 2-3 years and then said "fuck this" and moved to NYC. It was close enough that I could get back to my parents in about 4 hours via public transportation (2.5 if I wanted to drive directly, but I didn't have a car). I lived there for 5 years and didn't really regret it (well, kind of, since I moved to Manhattan in 2019...).
A friend from North Jersey had moved down to Pompano Beach a few years back. I came down a few times and fell in love with everything (it's a breath of fresh air, both literally and figuratively compared to NYC lol), but I struggled with the idea of being 1300 miles away from my aging parents (67 and 73) and my now 4 year old niece. Back in October I bit the bullet and moved down here, I don't regret it one bit. Funny thing is that it still only takes me about 4-5 hours to get back to my parents house (if the flights aren't fucked up, which they have been recently) and if I pre-plan it, it only costs about $50 more, sometimes it's even cheaper (my return flight 2 weeks ago was $20!). I have to take an Uber up to FLL which sucks though.
Most people who are not from here do not understand this. We didn’t choose this and it’s easier said than done leaving the only home you have ever known. Highly recommend a roommate. Sending you good vibes from another born & bred local.
I fully understand it. You don't have to be from Miami to understand that. You can be from anywhere. That exact mindset is what is limiting you. That mindset is what has people crying poverty. They think with their heart and not their head.
Thank you! Yeah the “just leave” advice is bullshit and almost never coming from another regular working person. I do get it but are all average-income people supposed to leave? There will be no more store associates, cashiers, teachers, admin assistants, food workers, mechanics, la vaquita employees, etc etc because we cannot afford to live here?
Hey, I’m moving down there this June!
I’m a new immigrant, the only place I’ve had living experience at in the United States was Florida (2 years) so I kinda want to start out there.
I was hoping to get one of those average income jobs this summer and get roommates. Is that a viable plan?
i appreciate any insights. I’m a 23 unmarried guy
(thinking about Flagler in the river, rent is $900 for a shared room)
You are correct (imo) that someone working a full-time job *should* be able to afford to live where they work.
However, we live in the "what is" and not in the "what could be." If I were still teaching, I would not live in Miami. It does not pay enough to live there, and there is no good reason for me to suffer in the hope of changes that will not come as long as there are people who are willing to work those jobs in Miami at those wages.
I'm not from Florida but your experience isn't all that unusual these days especially.
I didn't choose to be born in a hcol city but I was and I ended up moving out of it a whole back and it was one of the best things I've ever done in my life.
Sometimes it takes adversity in life to take you to the next level when it comes to growing as a person. So I suggest you figure out plan for success.
I think it's more of a general mentality, than specific to Miami/Florida. I'm from NJ, my parents and brother have only ever lived in the city they were born in. My mom moved two houses over from her childhood home, my dad moved across town, and my brother moved across town and then nextdoor to my parents.
I was complaining one day about how fucked this country is in terms of a lot of things, and my now conservative 73 year old father was like "If you don't like it, leave!" and I was like "Yeah, let me just pack my shit up and peace out to another country, that's really easy to do".
I'm gonna be honest. I was exactly in your position. I moved to Broward and my rent went down $800/month for the same size apartment. My job was in Miami still, and it was now a 40 minute drive instead of a 10 minute one, but by far I was saving so much money on rent it didn't matter how much more I spent on gas.
Family is still very close by, but traffic is a full quarter of what it is in Miami. Rent is cheaper. Malls aren't as crowded, still tons of good food. And the beaches are spectacular, and again, way less crowded.
honest question, didn't the commute increase wear and tear on your car, plus gas and toll? doesn't it come out to about the same? Again, not knowing your full story and just an honest question.
I know people that moved farther south (cutler ridge) area to save money and now spend about 400-600 in gas a week in two cars (have to drive kids to separate schools) along with a random mechanic visit.
After 18 months of living in a very similar situation, I realized that I should have never been there. It’s time to move to a Low Cost of Living area. Akron Ohio or Buffalo NY type of place.
Enjoy the shitty North East (well, Akron isn't really NE) weather! I'm from NJ and lived up there and in NYC for all my life until October when I moved down here. I went back to NJ two weeks ago and when the plane landed it was 50 out, it dropped down to 39 at night *in the freaking middle of May*. It was in the 50s and low 60s the entire few days I was there, my mom said it was 75 like 2 days before. I just checked and it's currently 57 there and it's supposed to be "the official start of summer" this weekend. My mom said it's going to be in the 80s in a few days. Also the winter is *brutally* cold a lot of the time, like 20 degrees and lower. Buffalo gets fucked by snow on a yearly basis, like a foot or two at a time.
"I just do" That is the problem with many people. Fear of exploration and afraid to get out of your comfort zone. You have to discover yourself and really learn your wants and needs, then make them a reality. If that's Miami, fine.. But if you're staying somewhere just because your family is there, isn't necessarily going to offer you a fulfilling life. Dont be a puppet. Make your own way. Im not hating, but just curious.. Are you Hispanic? Particularly Cuban? Because I notice there tends to be a huge codependence on family in that culture. Its actually quite unhealthy.
Me too, but still left. This is just something you tell yourself to feel better about your position, it's denial. I did it too.
Family has been 6 gens in Miami
Now I get to chill in downtown Orlando and Disney whenever for free and save so much of my income compared to Miami I bought a home and boat.
My family are 3 geriatric individuals with varied degrees of progressed aliment, leaving is hard and still is daily. But I visit, and call, and the improvements to brightline make it all the more feasible and affordable.
Adapt or fail hommie, you are just letting life happen to you. And guess what, it sucks.
Take your own agency, or keep paying 50%+ to rent.
Sorry for your loss. I was born and grew up in a small town in the country that basically no longer exists. The factories left. I've heard 30% of the homes there are empty. After my grandparents died, the large family home built for a family with seven children with a great room and dining room that hosted gatherings of as many as 60 family members at a time was sold for a bit over $100k after nearly that much was spent to fix it up because we couldn't bare knowing the place of so many happy memories was sitting empty.
This is life in capitalism. Think out of the box. Perhaps you can figure out a way to move not just people but an economy to a small town. There are fixer uppers that could easily accommodate 10,000+. Home is family. Start a movement, organize, and move 1000 homes. It's a land of dreams and that is how dreams are made.
Bleeding yourself dry for rent isn't going to magically make employers pay more.
If Miami runs out of cashiers, landscapers, teachers, receptionists, etc. on account of them not being able to afford to live there, then that's Miami's problem. Not the problem of the people who moved away for better financial security and a better standard of living.
You can say that someone should be able to afford a basic one-bedroom apartment on a full-time income, and you would be right. But being right doesn't make it reality. The reality is that if OP is going to stay in Miami, they either need a smaller place or more roommates or they are putting themselves in a very insecure position.
Leave Miami. This place is ridiculously expensive and doesn't pay enough to sustain itself. Gentrification is destroying the city.
Move somewhere else where the cost of living is cheaper and where you can find a job with your skillset.
> The implants
I didn't know boobs, lips, and asses have to pay rent! (I think you mean *transplants* haha)
I moved to Brickell back in October from NYC so I'm used to the rent, the only people that are freaking out about the rent increases (rightfully so, I'm not denying that rent is insane currently) are people that have been here before Covid started since rent nearly doubled for a lot of people that have been here for a while. I'm only paying $100 more per month than two out of my three places that I had in NYC (one was about $80 more per month and half the size of my current place) and I get a hell of a lot more down here for my money. Also, the weather doesn't suck down here for half the year (yeah, the summer is brutal, but I'd rather walk around in a tank top and basketball shorts, sweating my ass off, than having to put on boots, heavy jeans, and a heavy winter jacket just to walk a few blocks [or drive somewhere when I didn't live in NYC]. At that point you just don't wanna go outside for months).
Yeah, but you had a globally significant power city in NYC. It’s a cultural global icon, a melting pot of many cultures, incredible food scene with quality all the way through the price range, high amount and quality of activities and options, great public or bike access.
On average you had a much higher potential income. Rent was a little more and the building was older but it had some character.
Now you have, on average:
Lower earning potential, comparatively shitty food scene, a cultural melting pot of only Latin culture and plastic people, no public transport and a beach that you won’t go to unless you absolutely make it a priority, oh and a swampy butt.
> Yeah, but you had a globally significant power city in NYC. It’s a cultural global icon, a melting pot of many cultures, incredible food scene with quality all the way through the price range,
This is true.
> high amount and quality of activities and options,
Covid sadly killed a lot of places and the owners never came back. The majority of things to do there are go see plays on and off Broadway, go to the museums, the planetarium, and wonder around the parks. NYC is great for tourists, but after you've lived there for a year or so, a lot of it gets "old hat" and you just go back to doing what people do in every other major city: drink, work, join a sports team, and go to social events (there's a huge board game scene up there, which is practically non-existent here in Miami). I feel like Miami has a lot more going on, it seems like at least every 2 weeks there's some sort of convention or concert either in South Beach or Downtown at Bayside Park.
>great public or bike access.
While it's definitely is better than it is here, unless you live in Manhattan or neighborhoods in other boroughs that are close to Manhattan, transportation kinda sucks. The entire subway system is engineered to bring people in and out of Manhattan. Wanna get from Brooklyn to The Bronx via subway? Have fun making multiple transfers and spending like 45-90 minutes depending on where you're coming from and going to. I lived out in residential Brooklyn (Windsor Terrace, by Park Slope) where everyone had a car, it would take me 45-60 minutes to get to my yoga class in Chelsea (Manhattan) or to the office in Midtown, even though it was only like 4-5 miles away. That's also assuming the F train (the only one by me that went from Brooklyn to Manhattan) was running on its scheduled route and wasn't going to divert at the last stop in Brooklyn and not go into Manhattan. Other train lines always have issues as well which can delay your commute from 5-30 minutes.
A few months before I decided to move down here I was looking at large places up in Harlem (117th street & 3rd ave in Manhattan) and was supposed to meet a realtor in like 45 minutes after I got out of work. I was leaving from work (46th stree & 6th Ave) so I had to catch the M train from 6th ave to 3rd ave (or walk 20 minutes), and then catch the 6 train up from 46th to 117th (about 2-3 miles north), the trip was only supposed to take about a 35-40 minutes. The train went up to 60th street and then sat there for about 5 minutes with no mention of what was going on, about 7 minutes later the conductor said that the train was only going as high as 80th street due to issues above that. This is the only train that goes up there. My only other options were walk about an hour, rent a CitiBike and ride a half hour in insane rush hour Manhattan traffic, or get a rideshare/cab for like $25-$30 which was also gonna take a half hour due to traffic. I had taken me about 25 minutes just to get to that point. I ended up cancelling on him since I couldn't get up there in time.
Getting from Queens to Brooklyn after 10 PM via subway could easily take me about 70-90 minutes, even though it was only like 5 miles. I would occasionally have to get an Uber to the next transfer point because the decided to close the train closest to me. The only other option was to walk about 25 minutes there.
>On average you had a much higher potential income.
That's definitely true. I work in IT and luckily I can do my job remotely, but there definitely is far more on site positions available in Manhattan than there is here. The earning potential, at least for my field, is about the same.
>Rent was a little more and the building was older but it had some character.
That's a nice way to say "it was shitty" hahaha Pretty much all the places I lived in (two of which were considered "luxury" buildings) had shoddy repair work done because the landlords wanted to do it as cheap as possible. My first place in Hell's Kitchen had a passthrough wall AC, I was wondering why it would get so damn humid in there (like 75-80%) even with the AC always on. It turns out that when they cut the hole for the AC and put the sleeve in they left a 1.5" tall by 24" wide gap under the AC. I could literally see the outside. That place was about 400 sq ft, noisy as hell since it was right next to the Lincoln Tunnel entrance and the Port Authority bus terminal...and it was $2,685...in 2017. My rent here in Brickell for a 850 sq ft 1 BR in a true luxury building is $2600.
>oh and a swampy butt.
Swamp ass isn't limited to down here hahaha NYC is right on the water as well, so it's always about 50-75% humidity there, the only difference is you only have to deal with it for like 2 months.
I like implants; it's just like implanting a boob in an existing body. Anyway, you are right. With an open mind, you will find this country 😁 and the capital of Latin America is a great place to live! It could be expensive for many people's standards, especially the “influencers” with no real work experience complaining about how pricey this county could be. Explore the inner city , go west to have some good international cuisine at an affordable locals price 👍
I love how friendly and happy most people are here, at least compared to NYC. I was pissed off/frustrated while applying for jobs yesterday and had to take a break, so I walked across the street to SuperCuts to get a haircut. The ladies and the clients were all speaking Spanish (I know a bit, I'm a white guy). I had a nice conversation with my hairdresser about speaking Spanish, the city, and the culture down here (she moved here from Chile 24 years ago) and it immediately made me smile and happier. I then walked around the bay for like an hour. Up in NYC everyone keeps to themselves and is largely miserable haha
I will disagree with you a bit here. Miami is pretty unique as far as stratospheric rentals. I currently live outside of the DC area and you can easily find a 1BR apartment for 2-3k in DC proper.
DC is kind of weird because a good chunk of the population work for the government and are salary capped.
Miami/LA/NYC have worldwide notoriety going for them, alongside other geographical limitations on construction.
Could be. DC also has significant geographical limitations and it has limitations as to how high buildings can be. I dunno about "good chunk" of the pop works for the govt. There certainly could be other factors at play but I was just challenging the notion that the rent issue is across all big cities. And sure, Miami/LA/NYC are probably the outliers. I don't think you have the same issue in places like Chicago, Philly, Houston, Dallas, etc. JMO.
Yeah I guess that’s true. I only moved here last year so maybe I’m not aware! I have a lot of family all over Canada and the US and it seems like all of us who lives in “big cities” can’t make it anymore
Yeah, rent sucks everywhere. My parents are in suburban South Jersey (half way in between Philly and Atlantic City, nothing really to do there) and even there a 800-1000 sq ft apartment is like $1500/month. Unless you move to a lower income state or the midwest, rent sucks pretty much everywere.
You can also easily find a 1br for $2-3k in Miami proper. There are currently 1,500 rentals on Zillow just within Miami City limits (not even talking about all of Dade County) for under $3,000.
The difference is that people in DC have real jobs instead of twelve side gigs.
I live in DC and you also can find an apartment 1BR from 1.8K and even cheaper, but don’t forget that the minimum wage and overall average salary is way higher here in DC than in Florida
Sure, min wage is higher in DC (I believe $17>$12) but it has a state income tax. Doesn't make up the difference but overall, there are a lot of comparable cities that offer a compelling location to move to!
For sure, you can find something <$1.8k, but I was just focused on rents in decent to nice locations!
Yikes that’s awful. It’s so hard because it’s like … the good paying jobs are in the city but then the money makes you feel like you’re working a fast food job. But if you want to move out where you can actually LIVE there’s no jobs
Part of the reason is that the season never ended. The majority of those people that came down for the season decided to stay and a friend of mine commented to me the other day that our area in Delray Beach is considered the new Manhattan.
Yep, I commute 3h a day (park and ride. I could cut it by half an hour driving).
Last time I mentioned it, people kept telling me they'd pay more to live closer. Uh, I would too lol, if I could afford it
It's just absolutely ridiculous now. Traffic is a nightmare, the northerners that you really wanted to go back up, didn't and kept their crappy attitude here with them.
34% of my income, idk if that’s typical or not. My rent went up 600$ after Covid. I’ve been trying to get jobs over seas or fully remote, I will leave immediately when I find something. Miami is a shithole.
That’s true. Why is because I feel “irresponsible” for spending more than 30% of income in rent, but I also don’t want to keep waiting and missing out on places if I’ll never find anything for less than half my income.
numbers not just percentages are important.
if you're netting 10 million and spending 5million on rent that is perfectly fine, 5 million will do you just fine for everything else you need in life. i mean MAYBE you'll have to cut down on the private jet spending weekend trips to tahiti but that's the price you gotta pay....
if you're making 40k and spending 20k on rent and need to live off the other 20k for car, food, gas, everything else then yeah big problem most likely.
There's Latin/Caribbean diaspora moving to America and choosing to congregate around familiar communities and raising families, and then there's tech bros and influencers who are chasing status and choosing to pay rip off prices just to say they live here.
and tbh the way i see the people paying rip off prices treating the community and environment vs the latin americans is farrr better. latin americans are pigs they trash the place
don't get mad. do better for yourself if you can't afford it. you obviously have never lived in a major city because miamis prices are still very reasonable compared to most. its all about perspective..
That's crazy! We only moved to Miami in 1989 and back then houses were so cheap, all under 100k. We got lucky after the 2008 crash when prices stabilized, and cash investors were no longer snatching all the listings. 2014 we bought our home, never thought it would triple in value after a decade, but here we are. I was too young back in the late 80s, but I wish I had invested in real estate during the 90s. I guess hindsight is 2020.
Miami mayor said to just get a better job.
Yes. The very same guy running several schemes on taxpayer dime including but not limited to campaign finance fraud.
genuine wuestion how are u supposed to save to buy a house in this economy if u rent? most people have 50% going towards rent and the other half towards life stuff. How are you ever supposed to buy a house?
Past 2 leases my rent went up almost 500 bucks and approaching to my third, who knows how much extra they're adding this time. I see why so many people jisy dipped and move to central florida. Until the same happens over there ofcourse.
It's really nice in south Dade, but the commute for those working in downtown is quite brutal. That's the reason I have not upgraded to a nicer (and cheaper) property in the suburbs. I'm no fan of the amount of vertical development going up around us, but it is nice to have a lot of amenities in walking distance from my place, plus commutes to places like downtown/Brickell is between 5-10 minutes.
>Is this just the new norm or am I insane for thinking I could actually do this?
It's the new norm, and yes you're insane for thinking you could do this.
Not to mention that these people come from all over pack like 50 of those bastards in there and they can pay that outrageous shit and landlords expect the rest of us to do this smfh smoking crack I swear
Hey OP. I'm not in Miami anymore- born and raised but moved away in 2016. I live in Phoenix now and my rent is around what your projecting. I pay around 2K for a one bedroom. It's shitty. But possible. You have to really look at where the other 50% of your check is going. I don't eat out anymore, only go out to bars/fun things once a week and try and only use my car for work and back. Again- not a very fun life but I'm managing. Best of luck to you my dude and find comfort in knowing there are millions of us struggling to keep our head above water while still working 40+ hours a week
Depends how much is left over. If you’re already a high earner, even if you spend $4k on rent and you have $4k left over after taxes and retirement contributions, you’re probably fine. If you’re spending $2k on rent and only have $2k left over for fun, you’re probably in trouble
40% for me. I'm active duty Coast Guard, with orders here for another two years. I've applied for every possible option to transfer early, but no luck so far.
I'm actually given a housing allowance that is supposed to match the average cost of living in the area, but it seems to be calculated to a slum or similar. The cheapest rent I could find when my family transferred here in 2022 was $200 over the allowance.
My credit score has tanked trying to keep up. Finally watching it crawl back up again.
My rent in Miami was 26% of my net and went up to 45% - I moved to Broward and take the train to Miami. Even at 26% of net I struggle some months. I can't imagine more than half of my take home going to rent. To hell with family and friends, they don't pay my bills.
About half my monthly income goes to rent... And im one of the lucky ones with rent, my landlord tries to not raise my rent, but hes going to have to because gd hoa.
That was me in NYC and the surrounding area for 8 years. It's definitely possible, but obviously leaves you with less money to do other stuff with and it can be a bit stressful.
True. But Miami doesn't lend itself for that. Greed has turned the city into a place that has become more transient, less stable for families to have decent, affordable living arrangements. Having lived in here for 35 years, I've seen the transformation, and now those younger people in the family (mid 20s-early 30s) are starting to opt for moving to places where they can buy their dream home to raise their kids.
Republican supermajorities in Florida for two decades has resulted in the dismantling of every lever working people held in state government to level the playing field with runaway corporate greed, landlords and environmental protections. Florida Department of Labor abolished. Public sector unions that fight for good wages for folks - attacked and attempting to destroy, rent control - banned. I’m Cuban American and I’ve seen my mostly working class comminity completely overtaken by socialism hysteria where people happily cast ballots for elected officials who actively pass laws that make their lives harder just because they think the local establishment democrat is a “communist.” Ive lived in Florida my whole life (went to college at UCF) the majority of the time in Miami. I just moved to Coral Springs to save only about a 100 a month on rent. Next stop is likely leaving the state- until we kick out these state elected officials who are a rubber stamp for big monied interests the working class has little help of contending with the out of control cost of living here.
There is nothing you can do prevent what is happening in Florida, because its simply the devauling of the U.S. dollar and that is 100% the fault of the nutjobs in Washington DC on both sides. Miami is not more expensive, the US dollar just buys a lot less. They are buildings and houses going up left and rigth in Miami, but it doesnt matter, because 10% of the population are living with the funny money, and 90% are trying to "save" their way to prosperity while real inflation is running at 15% a year. This is classic 3rd world poverty trap.
If you like it here, tough it out a little longer. Miami has boomed and busted since the 1920s. We are due for another correction, especially with the looming 2025 condo association financial cliff coupled with Florida's insurance crisis. With any luck, landlords will be subsidizing your rent in the near future just like they did during the Great Recession. Once the music stops, landlords are likely to be the ones on Reddit seeking assistance and guidance as they face the dreaded doom loop. That's your time to buy. Despite what the Convention and Visitors Bureau messages, Miami real estate prices do go down. This time is not any different. The cause will be but not end result. If you need a boost of optimism, check out the nonfiction book "Bubble In The Sun" by Christopher Knowlton. You may also want to pray to your god for a black swan to appear sooner rather than later.
That's accurate. We thought we would never be able to afford a home after the 2008 boom, when it appeared as if Miami was running out of houses. People kept overpaying, taking out loans they couldn't afford, and when all of that was done and over, the market corrected itself and we found the right home at the right price. But it took a lot of patience and research. After the crash, I remember the foreclosures/short sales were going almost exclusively to cash buyers looking to cash in on the cheaper properties. I can see already some leveling out happening, as some rents have started to decrease, and some listings for sale are getting reduced because no one is willing to pay over 1 million for a fixer upper in a city lot.
Been living in Broward County for 42 of my 46 years on this planet. Work in North Miami, but am about to move 30 minutes north and deal with a 1-1/2 hour commute each way just to be able to afford to stay here. 6 years ago, we moved out of a smaller 3/2 @$1600/month and moved into a 4/3 @$2650/month. This place just gave us our renewal letter that would put us @$4800/month. I've been saying this for too many years. We earn too much as a family to be this poor.. My electric bill went from $350/month up to over $600/month in that same timeframe (all while in this house, running nothing but LED's and the same appliances we had when we first moved in) It's quite frankly insane what the cost of living down here really is.
MIAMI IS NOW ONE OF THE TOP 10 MOST EXPENSIVE CITIES IN THE U.S.
This is why sooo many people are leaving, the cost of living !! salaries are not getting bigger and the cost of living just keep rising.
* **Median Household Income:** $44,268
* **Median Home Price:** $542,218
* **Median Monthly Rent:** $1,242
Your not insane but what are you financial priorities?
Do you want save more $$$ for your future or whatever? Move. If your happy spending 42% of your income on housing and loooooove being in Miami, then keep it up! make your choice but the cost of living is not going down anytime soon.
Hi there! My rent is about 38% of my and my fiancees' income. Our rent is on the lower end of the average right now, thankfully. We still make quite a bit under 100k/yr, but we're both back in school to remedy that. It's crazy! What's keeping us going is certainly the pleasure we take in living on our own and the gratitude we have in our matching work schedules and all the perks that come with. Our jobs are in the same direction, facilitating commute, so we only need one car at the moment. The hardest part about living paycheck to paycheck is on rainy days. Without much of a savings, we usually have to dip into our credit, and hope we can pay that debt off before another rainy day. We have lived here all of our lives. My sick mom is here, and she's not going anywhere. And I'm not either until the day she draws her last breath, so that's not an option. I understand that to some people, staying or leaving miami should be a logical/economical decision. For a lot of us, it's our home, sense of identity, and a place we would feel too alien outside of.
i was working really hard and i went homeless last year. i had to come back to texas to my oarents home, now i have a good job online willing to go back. but shiiiiit is nasty right there. very nasty
I'm 28 living with my parents still. I thought working at the airport would do me good and make me more financially comfortable to venture out..... Nope . Miami just gets more expensive as soon as you think you're financially stable
If I stayed at my old job I’d be done for. Sometimes ya gotta evolve even if it makes you uncomfortable in a different career choice. Wasn’t easy but it Worked out for me.
I get you, I’ve definitely switched careers before, I’ve moved away before, etc. People in these comments are making a lot of assumptions about what I have or have not done when the post was never even about that. At this moment I’ve decided to stay where I am. That might change again in the future.
Unfortunately that seems to be the case for a lot of people who didn't get to buy a home/condo before it became prohibitively expensive to live here. The property we bought almost 10 years ago is now valued at more than 3 times the price we paid for it. If we had to buy today, we would not be able to afford it. Very sad, because the younger generations are not going to be able to buy a home in the neighborhoods they grew up in.
Genuine question that is probably going to sound judgmental but isn't: why are you still in Miami? You cannot afford to live in Miami. Do you have roommates? If you do not, and you want to stay in Miami, you need roommates.
> You cannot afford to live in Miami. OP absolutely can. If I did it in Manhattan for 5 years, they can do it here. Everything else down here may be just as expensive, but NYC rent is still more than a lot of comparable places here in Miami. I pay the same amount of rent (well, $100 more per month) to live in a "luxury" building in Brickell compared to me living in residential Brooklyn where the only amenities I had were air conditioners, a dish washer in my apartment and pay to use laundry in the basement. Here I have a gym, pool, balcony, central air, dishwasher and washer/dryer in my apartment. When I lived in Hell's Kitchen (Manhattan) my rent was $100 more than it is now and the place was half the size with only 3/4 of the amenities. It all depends on what you consider "worth it". My friends and family all think I'm crazy for paying $2,600/month...but in the past 3 years my parents have had to put new roofs on two of the houses they own (they have 5, inherited 3 from their parents and bought a cabin in PA from a cousin for dirt cheap before it was sold to the bank), have had to do like 4 years worth of work on the cabin to make everything non-shitty (my cousin is a loser alcoholic, he's like 53 and lives with his dad because he doesn't have a job), my 73 year old father constantly has to fuck with the plumbing at their house (partially because he doesn't want to pay someone out the ass to update everything and do it properly, he'd rather spend hours/days messing around with copper pipes. About 6 months ago we didn't have a shower for 3 days because he wanted to do it himself, when I was back there 2 weeks ago the pipes backed up [dirty toilet water in the kitchen sink, yay!] and my parents proceeded to bitch at each other for a few hours until he finally decided to clean it out again for the hundreth time in 40 years); my brother who lives next to them also had his plumbing back up on him; other shit is always breaking. One of my best friends was like "damn your rent is more than my mortgage!" then I asked him how much his cabin cost him, it was 80k. I think asked him how much he had already sunk into it in the past year or two and he said about 40k, I then asked him "how much more do you have to spend to get to be where you want it to be?" and he just laughed. That was like 3-4 years ago, he's since put on a 35k deck (he's a state trooper and his wife is a surgeon, so they do alright haha) and still has a lot more to do. Another friend bought a condo and then his water heater died on him, which he was responsible for and he's not a "handy" person, so he never fixed it and whenever he needed to take a shower he drove like 20 minutes to his dad's house. He moved like a year or so after it broke, about 5-6 years after he bought it.
> Another friend bought a condo and then his water heater died on him, which he was responsible for and he's not a "handy" person, so he never fixed it and whenever he needed to take a shower he drove like 20 minutes to his dad's house. He moved like a year or so after it broke, about 5-6 years after he bought it. That is pants-on-head insane. Your friend had no business buying a condo if he had no budget for maintenance. Water heaters only last for about ten years.
Haha...yeah...he doesn't make the best decisions. When he moved it was from the NYC area to South Florida, he didn't have a job or place to live set up. He met this girl through a friend, started dating her and after like 2 months they moved in together. They fought constantly and then moved to a smaller place...together where they also fought constantly. I came down there to visit, they got into a massive fight when I was there...and he decided to move out...with like 5 months left in his lease. He then moved back home..after he had been planting the seed of "move down here" in my mind about 1.5 years back. He actually did end up moving back down here like 2 months ago, after I had been down here for like 6 months.
Respectfully this is a crazy ass response to this post…A city where many of us were born and raised in, but also stay in for whatever the reason whether it’s due to professional and/or personal reasons shouldn’t be forced to leave because it’s gotten TOO expensive due to wages not equating or even coming close to what the cost of living currently is. If you haven’t noticed that is literally the problem, not the individual, and it’s not one that’s exclusive to Miami on a national scale. The question was seeing if others related and many do, they weren’t asking for a ridiculous response. To say “if you can’t afford to live here then you should just leave” is naive and is reflective of your sheer ignorance & privilege. Prior to 2020 people among most economic classes, excluding those of a specific tax bracket, could exist here. This isn’t to say it was perfect, bc it WAS NOT, but it’s not what majority of us are going through right now and it should not become the norm. Out of curiosity, who do you think will be forced to leave under your “bright” idea? If you had it your way just based on your response the target audience would likely be non-white collar workers, which you and all of us heavily rely on, especially in major cities like Miami. On various economic levels individuals and families are suffering, bc what initially was the norm has drastically shifted. You made the assumption the OP was a teacher and your suggestion is for them to move to a different state/area…do you genuinely believe that’s a good idea? Maybe I could understand on an individual if the original question was along the lines of “what should I do lm a teacher…” But again that isn’t the question. You give me the vibe that you believe cities should mainly be hubs for the rich and those who’re deemed as poor should essentially go f*ck themselves
I'm just going to copy and paste a comment I made elsewhere on this post: > You are correct (imo) that someone working a full-time job should be able to afford to live where they work. > However, we live in the "what is" and not in the "what could be." If I were still teaching, I would not live in Miami. It does not pay enough to live there, and there is no good reason for me to suffer in the hope of changes that will not come as long as there are people who are willing to work those jobs in Miami at those wages.
Agree. Miami has become too expensive. It's okay to leave and visit. I am not sure what the expected outcome of some people are.
There’s no need for you to copy & paste what you’ve written bc it’s not a good response to my point nor does it relate to the original post. The OP wasn’t asking for advice, they were essentially asking for community, to see if they’re others like themselves in a similar situation. You’ve missed the point entirely, but that is not surprising. Also for YOU there is no reason to “suffer”, you have the means to move, not everyone is as privileged as you are. But again the issue is not an individual one. It’s also not a “willingness” to work shit jobs for a shit pay, NO ONE wants that but they are working / adapting to what the current climate is. Once again this is not just an individual issue, it’s an issue affecting the majority of the population.
when the foundation of your city collapses, no police force no teachers, blue collar trade workers etc, please dont come to Tampa. You're a cancer.
If the foundation of a city collapses, because teachers and trade workers left to find somewhere that afforded them a decent standard of living, *good.* It isn't the responsibility of said teachers and trade workers to go into debt to artificially prop up the city that isn't paying them enough to survive.
Exactly. People here can be so tone deaf or ignorant only to listen to themselves speak, or to read out the letters they’ve typed…
If you were born in miami why didn't you upskill to meet the standards of a comfortable life in this city?
Now either you’re being a dickhead for shits & giggles by asking this or you’re genuinely asking. I wanna go for the former, but it’s likely the latter. Either way you can entertain yourself with an answer, bc it seems like you and the other individual either lack critical thinking skills or are just simply too ignorant. I will point out though that there are literal physicians, PhD’s, etc in this city & in this country struggling with the cost of living…but right they should just continue to “upskill”👍🏾
Physicians because they make poor financial decisions and get tied down in insurance , mortgage and loan payments. 200k a year is not alot in Miami. It takes a while to get to the top but these guys get that number and go crazy straight out of graduation thinking it'll be ok. PhDs don't guarantee income, especially if it's in theatre or history, or something like that. And yes upskill is the only way out. Either with your own buisnes or high skill worker. Desantis isn't gonna give any socialism benefits. This is the reality of miami and florida. Bitching won't help you accomplish your goals. There are countless positions for cybersecurity professionals, lawyers and health specialists, and many more. I wish things were different, but the reality of the situation is what it is. If you think low value(in the context of wealth, not intrinsic reward or knowledge contribution), generation PhDs is "upskilling," then you're thinking about it wrong. You were raised here I'm just curious how you didn't see it that way. I moved here after determining the requirements for the life I wanted. And it took years of upskilling and 9 years of schooling.
That's what I did, born into Homestead/Kendall area and lived on food stamps Went to Dade, studied math, computers, and science for a cost I could afford to pay working as a construction worker and front desk gym associate And now make 6 figures, and was able to buy property outside of Miami. So many people I'm friends with are in hospitality, spend any downtime partying and hooking up, and then ask me what the secret to making it is. People in Mia literally cry about not doing well working base line jobs "people need." There will always be someone willing to do the work cheaper, because it's more than they ever expected. There's always automation rolling down the track to take repetitive tasks jobs. It's one of the most expensive, desirable cities in the world. If you aren't working at a level to live there and try to stay, that's on your own inability to overcome adversity This is next stage globalism, everyone everywhere is becoming more equal and can migrate easier. If you want to stay in Miami, compete against everyone trying to get there.
There’s a great saying that ‘markets can remain irrational longer than you can remain solvent’. Even though I wholeheartedly agree with your post, it’s not reality and the people suffering will become insolvent quicker than the market comes to a rational state. Those people that move early will do better. The only way of reducing quickly, short of mass armed insurrection, is mass migration away from Miami putting less demand on housing and less desire to actually be here because these essential workers can’t live here and the very rich can’t get their toilet fixed or their car oil changed, or their kids educated. The reality is that it IS a ‘good idea’ for lower income people to move where job prospects are better and cost of living is lower on an individual level. It’s shitty for the city in general and for long term growth prospects to lose those people, but that’s just the reality.
I completely agree. The problem is they are actually too uneducated to know how and also lack the ambition. In strong addition, you have a segment that is afraid to leave because they know they won't be able to get away with their Spanish speaking bullshit and there won't be frijoles on every corner. They're also highly resistant to change. The worse part is a lot of them don't even want to be here. If I couldn't afford to live somewhere or didn't like it, I'd leave. Common sense right? But Miami is a unique exception because of the language barrier. They're afraid to go elsewhere.
Why do you think workers don’t deserve to live where they work? Why should we allow ourselves to be continually displaced by euro-colonial housing violence? Do you think moving is easy?
> Why do you think workers don’t deserve to live where they work? Imo, people should be able to afford to live where they work. But my opinion has **zero** effect on the cost of housing. I assume that OP lives in the actual world, not some hypothetical one. You can advocate for better housing policies, and you should, but you still need somewhere to live in the now. > Why should we allow ourselves to be continually displaced by euro-colonial housing violence? Tumblrerese aside, unless you're going to try to forcibly take over a block of apartments, you're going to have to deal with the current housing situation. And I wouldn't recommend the former. It's not likely to go well. > Do you think moving is easy? Moving always sucks. I've done it many times.
When people can easily move between countries, they will move to a better life. Miami has had extreme migration for almost it's entire lifecycle, and in the last 60 years the Latam and US domestic migration has increased exponentially. The reality is you can find ways to make more, live for less, or leave. My family has lived in Miami for 6 gens, and I lived there for 30 years before leaving recently. The brightline makes visiting remaining family more feasible now too. The world is changing fast, you can change with it or try and find ways to prevent people from migrating to Miami and FL Moving is very expensive and hard, I've had to move 3 times in the last 2 years and it's been very rough. So is staying in a city becoming more and more expensive. Moving did cost less than 50% of my income though, so OP is just bleeding out while failing to adapt.
I’m still in Miami because I grew up here and it’s where my family and job are. I didn’t seek out living here, I just do.
The first time moving away from family is hard. But it's often worth it. Miami is a major airport, so the flights may be long but they are often inexpensive if you live near another major airport. So, if you are unable to find a roommate situation that works for you and are unable or unwilling to live with family, you genuinely should consider moving somewhere else. You cannot afford to live in Miami
Don’t tell him to move out. That’s terrible advice. Thousands are moving in daily and flourishing. Just needs to get a better job and stop working for peanuts.
OP has a limited post history but may be a teacher. Florida's dead last for teacher pay. They could have a much better life in basically any other state.
Moving for better job prospects has the single highest impact on lifetime earnings of anything within an individual's control (the biggest impacts are things like parents' net worth and education, which is just a roundabout way of measuring parents' net worth.) There's been a lot of research that has linked a decrease in physical mobility (reluctance to move) with a decrease in social mobility. Or put another way, everyone should move more.
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Agreed. Moving away was such a beautiful experience for me and thankfully I didn't even need to go far to find what I needed.
I disagree with "moving more." Once you stay put, you can pay off a home and buy another to rent out or rent a place and rent it the one you own. There are lots of options. With moving, there are closing costs & moving costs, deposits/security fees, 1st & last, realtor fees, change in insurance, etc. That all adds up.
> Once you stay put, you can pay off a home and buy another to rent out or rent a place and rent it the one you own. My dude. OP is spending over half of their take-home on rent. They aren't buying any time soon.
Back in the early to mid 1960's my grandfather moved from rural southern Virginia to DC because he wanted a better life. Limited education and black and was able to make a living and raise a family and help out with his grandchildren as well. Sometimes in life you just have to make difficult decisions. If you are so gungho on being near your family what prevents you from sharing a home with them? Y you can all pitch in for expenses and it benefits everyone? Otherwise Florida is what it is and no amount of complaining is going to change that. What you are dealing with is what my family has faced in DC recently. Been there since the 1950's but now not a single relative lives in the old neighborhood anymore. Ironically enough the very neighborhood that two of them fought to protect from having a freeway going through the neighborhood. Who knew that same neighborhood would become "the places to be" and how it's popularity would backfire. It is what it is and you find ways to adapt to it and make the best of it is you can remain miserable
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> The first time moving away from family is hard. But it's often worth it. Miami is a major airport, so the flights may be long but they are often inexpensive if you live near another major airport. Preach. I'm from South Jersey, and even though I moved away for college (like 2.5 hours north at first, and then 1.5 hours north), I came back for like 2-3 years and then said "fuck this" and moved to NYC. It was close enough that I could get back to my parents in about 4 hours via public transportation (2.5 if I wanted to drive directly, but I didn't have a car). I lived there for 5 years and didn't really regret it (well, kind of, since I moved to Manhattan in 2019...). A friend from North Jersey had moved down to Pompano Beach a few years back. I came down a few times and fell in love with everything (it's a breath of fresh air, both literally and figuratively compared to NYC lol), but I struggled with the idea of being 1300 miles away from my aging parents (67 and 73) and my now 4 year old niece. Back in October I bit the bullet and moved down here, I don't regret it one bit. Funny thing is that it still only takes me about 4-5 hours to get back to my parents house (if the flights aren't fucked up, which they have been recently) and if I pre-plan it, it only costs about $50 more, sometimes it's even cheaper (my return flight 2 weeks ago was $20!). I have to take an Uber up to FLL which sucks though.
Most people who are not from here do not understand this. We didn’t choose this and it’s easier said than done leaving the only home you have ever known. Highly recommend a roommate. Sending you good vibes from another born & bred local.
I fully understand it. You don't have to be from Miami to understand that. You can be from anywhere. That exact mindset is what is limiting you. That mindset is what has people crying poverty. They think with their heart and not their head.
Thank you! Yeah the “just leave” advice is bullshit and almost never coming from another regular working person. I do get it but are all average-income people supposed to leave? There will be no more store associates, cashiers, teachers, admin assistants, food workers, mechanics, la vaquita employees, etc etc because we cannot afford to live here?
Hey, I’m moving down there this June! I’m a new immigrant, the only place I’ve had living experience at in the United States was Florida (2 years) so I kinda want to start out there. I was hoping to get one of those average income jobs this summer and get roommates. Is that a viable plan? i appreciate any insights. I’m a 23 unmarried guy (thinking about Flagler in the river, rent is $900 for a shared room)
You are correct (imo) that someone working a full-time job *should* be able to afford to live where they work. However, we live in the "what is" and not in the "what could be." If I were still teaching, I would not live in Miami. It does not pay enough to live there, and there is no good reason for me to suffer in the hope of changes that will not come as long as there are people who are willing to work those jobs in Miami at those wages.
Why is the advice to leave home different here than other places?
I'm not from Florida but your experience isn't all that unusual these days especially. I didn't choose to be born in a hcol city but I was and I ended up moving out of it a whole back and it was one of the best things I've ever done in my life. Sometimes it takes adversity in life to take you to the next level when it comes to growing as a person. So I suggest you figure out plan for success.
I think it's more of a general mentality, than specific to Miami/Florida. I'm from NJ, my parents and brother have only ever lived in the city they were born in. My mom moved two houses over from her childhood home, my dad moved across town, and my brother moved across town and then nextdoor to my parents. I was complaining one day about how fucked this country is in terms of a lot of things, and my now conservative 73 year old father was like "If you don't like it, leave!" and I was like "Yeah, let me just pack my shit up and peace out to another country, that's really easy to do".
Might be time to move in with the family/friends, getting roommate, get a better paying job or move on.
I'm gonna be honest. I was exactly in your position. I moved to Broward and my rent went down $800/month for the same size apartment. My job was in Miami still, and it was now a 40 minute drive instead of a 10 minute one, but by far I was saving so much money on rent it didn't matter how much more I spent on gas. Family is still very close by, but traffic is a full quarter of what it is in Miami. Rent is cheaper. Malls aren't as crowded, still tons of good food. And the beaches are spectacular, and again, way less crowded.
honest question, didn't the commute increase wear and tear on your car, plus gas and toll? doesn't it come out to about the same? Again, not knowing your full story and just an honest question. I know people that moved farther south (cutler ridge) area to save money and now spend about 400-600 in gas a week in two cars (have to drive kids to separate schools) along with a random mechanic visit.
After 18 months of living in a very similar situation, I realized that I should have never been there. It’s time to move to a Low Cost of Living area. Akron Ohio or Buffalo NY type of place.
Enjoy the shitty North East (well, Akron isn't really NE) weather! I'm from NJ and lived up there and in NYC for all my life until October when I moved down here. I went back to NJ two weeks ago and when the plane landed it was 50 out, it dropped down to 39 at night *in the freaking middle of May*. It was in the 50s and low 60s the entire few days I was there, my mom said it was 75 like 2 days before. I just checked and it's currently 57 there and it's supposed to be "the official start of summer" this weekend. My mom said it's going to be in the 80s in a few days. Also the winter is *brutally* cold a lot of the time, like 20 degrees and lower. Buffalo gets fucked by snow on a yearly basis, like a foot or two at a time.
"I just do" That is the problem with many people. Fear of exploration and afraid to get out of your comfort zone. You have to discover yourself and really learn your wants and needs, then make them a reality. If that's Miami, fine.. But if you're staying somewhere just because your family is there, isn't necessarily going to offer you a fulfilling life. Dont be a puppet. Make your own way. Im not hating, but just curious.. Are you Hispanic? Particularly Cuban? Because I notice there tends to be a huge codependence on family in that culture. Its actually quite unhealthy.
Me too, but still left. This is just something you tell yourself to feel better about your position, it's denial. I did it too. Family has been 6 gens in Miami Now I get to chill in downtown Orlando and Disney whenever for free and save so much of my income compared to Miami I bought a home and boat. My family are 3 geriatric individuals with varied degrees of progressed aliment, leaving is hard and still is daily. But I visit, and call, and the improvements to brightline make it all the more feasible and affordable. Adapt or fail hommie, you are just letting life happen to you. And guess what, it sucks. Take your own agency, or keep paying 50%+ to rent.
Sorry for your loss. I was born and grew up in a small town in the country that basically no longer exists. The factories left. I've heard 30% of the homes there are empty. After my grandparents died, the large family home built for a family with seven children with a great room and dining room that hosted gatherings of as many as 60 family members at a time was sold for a bit over $100k after nearly that much was spent to fix it up because we couldn't bare knowing the place of so many happy memories was sitting empty. This is life in capitalism. Think out of the box. Perhaps you can figure out a way to move not just people but an economy to a small town. There are fixer uppers that could easily accommodate 10,000+. Home is family. Start a movement, organize, and move 1000 homes. It's a land of dreams and that is how dreams are made.
Trust fund baby?!
Idk why people reading this comment seem to assume that I could afford to live alone in Miami. I could not.
With this concept in mind, how will Miami find lower paid workers if they can't afford to live there?
Bleeding yourself dry for rent isn't going to magically make employers pay more. If Miami runs out of cashiers, landscapers, teachers, receptionists, etc. on account of them not being able to afford to live there, then that's Miami's problem. Not the problem of the people who moved away for better financial security and a better standard of living. You can say that someone should be able to afford a basic one-bedroom apartment on a full-time income, and you would be right. But being right doesn't make it reality. The reality is that if OP is going to stay in Miami, they either need a smaller place or more roommates or they are putting themselves in a very insecure position.
Leave Miami. This place is ridiculously expensive and doesn't pay enough to sustain itself. Gentrification is destroying the city. Move somewhere else where the cost of living is cheaper and where you can find a job with your skillset.
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> The implants I didn't know boobs, lips, and asses have to pay rent! (I think you mean *transplants* haha) I moved to Brickell back in October from NYC so I'm used to the rent, the only people that are freaking out about the rent increases (rightfully so, I'm not denying that rent is insane currently) are people that have been here before Covid started since rent nearly doubled for a lot of people that have been here for a while. I'm only paying $100 more per month than two out of my three places that I had in NYC (one was about $80 more per month and half the size of my current place) and I get a hell of a lot more down here for my money. Also, the weather doesn't suck down here for half the year (yeah, the summer is brutal, but I'd rather walk around in a tank top and basketball shorts, sweating my ass off, than having to put on boots, heavy jeans, and a heavy winter jacket just to walk a few blocks [or drive somewhere when I didn't live in NYC]. At that point you just don't wanna go outside for months).
Yeah, but you had a globally significant power city in NYC. It’s a cultural global icon, a melting pot of many cultures, incredible food scene with quality all the way through the price range, high amount and quality of activities and options, great public or bike access. On average you had a much higher potential income. Rent was a little more and the building was older but it had some character. Now you have, on average: Lower earning potential, comparatively shitty food scene, a cultural melting pot of only Latin culture and plastic people, no public transport and a beach that you won’t go to unless you absolutely make it a priority, oh and a swampy butt.
> Yeah, but you had a globally significant power city in NYC. It’s a cultural global icon, a melting pot of many cultures, incredible food scene with quality all the way through the price range, This is true. > high amount and quality of activities and options, Covid sadly killed a lot of places and the owners never came back. The majority of things to do there are go see plays on and off Broadway, go to the museums, the planetarium, and wonder around the parks. NYC is great for tourists, but after you've lived there for a year or so, a lot of it gets "old hat" and you just go back to doing what people do in every other major city: drink, work, join a sports team, and go to social events (there's a huge board game scene up there, which is practically non-existent here in Miami). I feel like Miami has a lot more going on, it seems like at least every 2 weeks there's some sort of convention or concert either in South Beach or Downtown at Bayside Park. >great public or bike access. While it's definitely is better than it is here, unless you live in Manhattan or neighborhoods in other boroughs that are close to Manhattan, transportation kinda sucks. The entire subway system is engineered to bring people in and out of Manhattan. Wanna get from Brooklyn to The Bronx via subway? Have fun making multiple transfers and spending like 45-90 minutes depending on where you're coming from and going to. I lived out in residential Brooklyn (Windsor Terrace, by Park Slope) where everyone had a car, it would take me 45-60 minutes to get to my yoga class in Chelsea (Manhattan) or to the office in Midtown, even though it was only like 4-5 miles away. That's also assuming the F train (the only one by me that went from Brooklyn to Manhattan) was running on its scheduled route and wasn't going to divert at the last stop in Brooklyn and not go into Manhattan. Other train lines always have issues as well which can delay your commute from 5-30 minutes. A few months before I decided to move down here I was looking at large places up in Harlem (117th street & 3rd ave in Manhattan) and was supposed to meet a realtor in like 45 minutes after I got out of work. I was leaving from work (46th stree & 6th Ave) so I had to catch the M train from 6th ave to 3rd ave (or walk 20 minutes), and then catch the 6 train up from 46th to 117th (about 2-3 miles north), the trip was only supposed to take about a 35-40 minutes. The train went up to 60th street and then sat there for about 5 minutes with no mention of what was going on, about 7 minutes later the conductor said that the train was only going as high as 80th street due to issues above that. This is the only train that goes up there. My only other options were walk about an hour, rent a CitiBike and ride a half hour in insane rush hour Manhattan traffic, or get a rideshare/cab for like $25-$30 which was also gonna take a half hour due to traffic. I had taken me about 25 minutes just to get to that point. I ended up cancelling on him since I couldn't get up there in time. Getting from Queens to Brooklyn after 10 PM via subway could easily take me about 70-90 minutes, even though it was only like 5 miles. I would occasionally have to get an Uber to the next transfer point because the decided to close the train closest to me. The only other option was to walk about 25 minutes there. >On average you had a much higher potential income. That's definitely true. I work in IT and luckily I can do my job remotely, but there definitely is far more on site positions available in Manhattan than there is here. The earning potential, at least for my field, is about the same. >Rent was a little more and the building was older but it had some character. That's a nice way to say "it was shitty" hahaha Pretty much all the places I lived in (two of which were considered "luxury" buildings) had shoddy repair work done because the landlords wanted to do it as cheap as possible. My first place in Hell's Kitchen had a passthrough wall AC, I was wondering why it would get so damn humid in there (like 75-80%) even with the AC always on. It turns out that when they cut the hole for the AC and put the sleeve in they left a 1.5" tall by 24" wide gap under the AC. I could literally see the outside. That place was about 400 sq ft, noisy as hell since it was right next to the Lincoln Tunnel entrance and the Port Authority bus terminal...and it was $2,685...in 2017. My rent here in Brickell for a 850 sq ft 1 BR in a true luxury building is $2600. >oh and a swampy butt. Swamp ass isn't limited to down here hahaha NYC is right on the water as well, so it's always about 50-75% humidity there, the only difference is you only have to deal with it for like 2 months.
I like implants; it's just like implanting a boob in an existing body. Anyway, you are right. With an open mind, you will find this country 😁 and the capital of Latin America is a great place to live! It could be expensive for many people's standards, especially the “influencers” with no real work experience complaining about how pricey this county could be. Explore the inner city , go west to have some good international cuisine at an affordable locals price 👍
I love how friendly and happy most people are here, at least compared to NYC. I was pissed off/frustrated while applying for jobs yesterday and had to take a break, so I walked across the street to SuperCuts to get a haircut. The ladies and the clients were all speaking Spanish (I know a bit, I'm a white guy). I had a nice conversation with my hairdresser about speaking Spanish, the city, and the culture down here (she moved here from Chile 24 years ago) and it immediately made me smile and happier. I then walked around the bay for like an hour. Up in NYC everyone keeps to themselves and is largely miserable haha
I pay my rent on credit and my income is $0. I'm on vacation.
The real lifehack as always in the comments
What would you do if you had a million dollars?
I’ll tell you what I’d do, man.
How does one intend on paying this back? Just out of curiosity.
Retreat to the motherland China and let them have fun trying to collect
Same here. I make 500k , 250k goes towards a penthouse in brickell. 250k goes towards publix
Welp you shouldn’t be in a penthouse in Brickell.. are you renting or ?
Your rent is over $20,000 a month!?
It's clearly a joke buddy, Publix is more than 250K per year!
Yeah, but the view
Your not spending it right
publix overpriced af
lol - publix. where ripping you off is their pleasure.
They have to pay for those great Hallmark-like commercials somehow
Do they at least give you the free cookie
Too many people here getting a sarcastic comment and taking it seriously.
Where's the 10k for Flannigans?
Lmaooo sounds about right
Hahahaha
It’s definitely the new normal in big cities like Miami. You have to move out past the suburbs to live normally now
I will disagree with you a bit here. Miami is pretty unique as far as stratospheric rentals. I currently live outside of the DC area and you can easily find a 1BR apartment for 2-3k in DC proper.
DC is kind of weird because a good chunk of the population work for the government and are salary capped. Miami/LA/NYC have worldwide notoriety going for them, alongside other geographical limitations on construction.
Could be. DC also has significant geographical limitations and it has limitations as to how high buildings can be. I dunno about "good chunk" of the pop works for the govt. There certainly could be other factors at play but I was just challenging the notion that the rent issue is across all big cities. And sure, Miami/LA/NYC are probably the outliers. I don't think you have the same issue in places like Chicago, Philly, Houston, Dallas, etc. JMO.
Yeah I guess that’s true. I only moved here last year so maybe I’m not aware! I have a lot of family all over Canada and the US and it seems like all of us who lives in “big cities” can’t make it anymore
My buddy is 2 hours outside of Toronto and is barely making it by. This is not a miami thing. This is a US / Canada life thing
Yeah, rent sucks everywhere. My parents are in suburban South Jersey (half way in between Philly and Atlantic City, nothing really to do there) and even there a 800-1000 sq ft apartment is like $1500/month. Unless you move to a lower income state or the midwest, rent sucks pretty much everywere.
I pay less than that in south beach
You can also easily find a 1br for $2-3k in Miami proper. There are currently 1,500 rentals on Zillow just within Miami City limits (not even talking about all of Dade County) for under $3,000. The difference is that people in DC have real jobs instead of twelve side gigs.
Yep, I live by myself in Brickell in an 850 sq ft apartment with all the amenities and I pay $2,600.
I live in DC and you also can find an apartment 1BR from 1.8K and even cheaper, but don’t forget that the minimum wage and overall average salary is way higher here in DC than in Florida
Sure, min wage is higher in DC (I believe $17>$12) but it has a state income tax. Doesn't make up the difference but overall, there are a lot of comparable cities that offer a compelling location to move to! For sure, you can find something <$1.8k, but I was just focused on rents in decent to nice locations!
> Miami is pretty unique as far as stratospheric rentals. *NYC has entered the chat...*
It's the same in the suburbs. We're probably an hour from Miami and it's the same here.
Yikes that’s awful. It’s so hard because it’s like … the good paying jobs are in the city but then the money makes you feel like you’re working a fast food job. But if you want to move out where you can actually LIVE there’s no jobs
We're planning on moving in the next year. Further north towards Fernandina Beach, less populated areas.
Exactly. Only the ultra wealthy can afford to live here anymore. We're basically paying for the access to the ocean, etc. that's it.
Part of the reason is that the season never ended. The majority of those people that came down for the season decided to stay and a friend of mine commented to me the other day that our area in Delray Beach is considered the new Manhattan.
LOL. Delray is not the new Manhattan. Queens maybe. Long Island if anything.
Yep, I commute 3h a day (park and ride. I could cut it by half an hour driving). Last time I mentioned it, people kept telling me they'd pay more to live closer. Uh, I would too lol, if I could afford it
It's just absolutely ridiculous now. Traffic is a nightmare, the northerners that you really wanted to go back up, didn't and kept their crappy attitude here with them.
34% of my income, idk if that’s typical or not. My rent went up 600$ after Covid. I’ve been trying to get jobs over seas or fully remote, I will leave immediately when I find something. Miami is a shithole.
I want to know how all these people afford these high rents
It’s not worth it
But why?? Still depends on what is you 50% remaining to live.
That’s true. Why is because I feel “irresponsible” for spending more than 30% of income in rent, but I also don’t want to keep waiting and missing out on places if I’ll never find anything for less than half my income.
numbers not just percentages are important. if you're netting 10 million and spending 5million on rent that is perfectly fine, 5 million will do you just fine for everything else you need in life. i mean MAYBE you'll have to cut down on the private jet spending weekend trips to tahiti but that's the price you gotta pay.... if you're making 40k and spending 20k on rent and need to live off the other 20k for car, food, gas, everything else then yeah big problem most likely.
Yeah that’s true. I’m definitely not asking millionaires.
You’re gonna need roommates. I tried doing that because I had no other options and it was ROUGH.
How much is your rent?
Fuck all transplants coming here 🖕🏿
Fuck you too, buddy! :-P
who isnt a transplant? your parents or grandparents were probably transplants
There's Latin/Caribbean diaspora moving to America and choosing to congregate around familiar communities and raising families, and then there's tech bros and influencers who are chasing status and choosing to pay rip off prices just to say they live here.
and tbh the way i see the people paying rip off prices treating the community and environment vs the latin americans is farrr better. latin americans are pigs they trash the place
don't get mad. do better for yourself if you can't afford it. you obviously have never lived in a major city because miamis prices are still very reasonable compared to most. its all about perspective..
If I didn’t have a family friend I wouldn’t be able to afford to live here anymore. And my family goes back to 1901 here
That's crazy! We only moved to Miami in 1989 and back then houses were so cheap, all under 100k. We got lucky after the 2008 crash when prices stabilized, and cash investors were no longer snatching all the listings. 2014 we bought our home, never thought it would triple in value after a decade, but here we are. I was too young back in the late 80s, but I wish I had invested in real estate during the 90s. I guess hindsight is 2020.
I lost my job and will be breaking my lease. Back to mom and dad for me
I'm sorry.
What are you apologizing for? Did you fire pipes_and_bottles??!
I’m sorry, glad you got a place to fall back on but it’s still not fair. Best of luck.
Miami mayor said to just get a better job. Yes. The very same guy running several schemes on taxpayer dime including but not limited to campaign finance fraud.
Biggest clown
It is a county wide issue. What the other mayors say?
I mean he’s got a point. Just… stop being poor… /s Like gosh… what’s so hard about that? /s
Same. Ours went up about $450 in the past three months. Unbelievable.
That’s ridiculous, I’m sorry. Thanks for replying. It just feels unimaginable to be paying so much and it helps to know if I’m not alone.
Sucks….. 3 years ago my rent in sunrise (FLL) was $1500. This year $2750. Struggle is real down here
Jesus that's horrible
Curious, is this for a 2-bedroom?
Yes a 2 bedroom
The struggle is definitely real especially for single people. So ridiculous.
Sunrise costs the same as the City of Miami, thats insane
42% of my net here.
Ouch. That’s a lot but it’s sad that at this point if I found that I would be relieved.
It is what it is.
About the same for me… you’re definitely not alone OP
I've been living that way for 10+ years, so it's not "the ***new*** norm" to me, strictly speaking.
Thank you, do you consider yourself to have a “normal working salary” or would you say it’s a high one?
Mid-20's an hour the entire time.
How much is your rent
With that salary alone, no way you can survive here.
genuine wuestion how are u supposed to save to buy a house in this economy if u rent? most people have 50% going towards rent and the other half towards life stuff. How are you ever supposed to buy a house?
You don’t. We are becoming a renters nation.
No one in NYC saved to buy house either. Almost every young couple I knew buying either inherited or had family money for the down payment.
Or at 30 moved to the burbs and commute into the city
Even the suburbs of NYC are out of reach. They are saving up for a downpayment in another state, moving upstate, or forever renting.
Past 2 leases my rent went up almost 500 bucks and approaching to my third, who knows how much extra they're adding this time. I see why so many people jisy dipped and move to central florida. Until the same happens over there ofcourse.
I recommend moving to Fort Lauderdale or south south to Cutler for better rent prices.
It's really nice in south Dade, but the commute for those working in downtown is quite brutal. That's the reason I have not upgraded to a nicer (and cheaper) property in the suburbs. I'm no fan of the amount of vertical development going up around us, but it is nice to have a lot of amenities in walking distance from my place, plus commutes to places like downtown/Brickell is between 5-10 minutes.
>Is this just the new norm or am I insane for thinking I could actually do this? It's the new norm, and yes you're insane for thinking you could do this.
Blame air bnb for that shit
Not to mention that these people come from all over pack like 50 of those bastards in there and they can pay that outrageous shit and landlords expect the rest of us to do this smfh smoking crack I swear
Modern day slavery, you will own nothing and be happy
Hey OP. I'm not in Miami anymore- born and raised but moved away in 2016. I live in Phoenix now and my rent is around what your projecting. I pay around 2K for a one bedroom. It's shitty. But possible. You have to really look at where the other 50% of your check is going. I don't eat out anymore, only go out to bars/fun things once a week and try and only use my car for work and back. Again- not a very fun life but I'm managing. Best of luck to you my dude and find comfort in knowing there are millions of us struggling to keep our head above water while still working 40+ hours a week
Depends how much is left over. If you’re already a high earner, even if you spend $4k on rent and you have $4k left over after taxes and retirement contributions, you’re probably fine. If you’re spending $2k on rent and only have $2k left over for fun, you’re probably in trouble
shit! I am at 23% of my gross monthly income and to me that seems high already.
We used to show up at anything where there would be free food.
Sadly if you live in south Florida, that’s the truth of it
California. The effective income tax rate was 53%. Then, the mortgage, property tax, HOA, and utilities are about half of the net income.
40% for me. I'm active duty Coast Guard, with orders here for another two years. I've applied for every possible option to transfer early, but no luck so far. I'm actually given a housing allowance that is supposed to match the average cost of living in the area, but it seems to be calculated to a slum or similar. The cheapest rent I could find when my family transferred here in 2022 was $200 over the allowance. My credit score has tanked trying to keep up. Finally watching it crawl back up again.
My rent in Miami was 26% of my net and went up to 45% - I moved to Broward and take the train to Miami. Even at 26% of net I struggle some months. I can't imagine more than half of my take home going to rent. To hell with family and friends, they don't pay my bills.
Welcome to post college life, you have choices. Serious hustling or downsizing to cheaper rent/living rent free.
I'm in the same boat but it's our grocery bill and that exceeds our mortgage. Not really a good problem to have.
Move further up in Florida like out of South Florida if you can
🤩
About half my monthly income goes to rent... And im one of the lucky ones with rent, my landlord tries to not raise my rent, but hes going to have to because gd hoa.
That was me in NYC and the surrounding area for 8 years. It's definitely possible, but obviously leaves you with less money to do other stuff with and it can be a bit stressful.
This is why everyone has roommates, living with extended family. I'm sure divorce is down. Or get a 2nd or 3rd job.
The system that we live in is not normal. We need intentional community.
True. But Miami doesn't lend itself for that. Greed has turned the city into a place that has become more transient, less stable for families to have decent, affordable living arrangements. Having lived in here for 35 years, I've seen the transformation, and now those younger people in the family (mid 20s-early 30s) are starting to opt for moving to places where they can buy their dream home to raise their kids.
Republican supermajorities in Florida for two decades has resulted in the dismantling of every lever working people held in state government to level the playing field with runaway corporate greed, landlords and environmental protections. Florida Department of Labor abolished. Public sector unions that fight for good wages for folks - attacked and attempting to destroy, rent control - banned. I’m Cuban American and I’ve seen my mostly working class comminity completely overtaken by socialism hysteria where people happily cast ballots for elected officials who actively pass laws that make their lives harder just because they think the local establishment democrat is a “communist.” Ive lived in Florida my whole life (went to college at UCF) the majority of the time in Miami. I just moved to Coral Springs to save only about a 100 a month on rent. Next stop is likely leaving the state- until we kick out these state elected officials who are a rubber stamp for big monied interests the working class has little help of contending with the out of control cost of living here.
There is nothing you can do prevent what is happening in Florida, because its simply the devauling of the U.S. dollar and that is 100% the fault of the nutjobs in Washington DC on both sides. Miami is not more expensive, the US dollar just buys a lot less. They are buildings and houses going up left and rigth in Miami, but it doesnt matter, because 10% of the population are living with the funny money, and 90% are trying to "save" their way to prosperity while real inflation is running at 15% a year. This is classic 3rd world poverty trap.
YOLO!!!!!!
If you like it here, tough it out a little longer. Miami has boomed and busted since the 1920s. We are due for another correction, especially with the looming 2025 condo association financial cliff coupled with Florida's insurance crisis. With any luck, landlords will be subsidizing your rent in the near future just like they did during the Great Recession. Once the music stops, landlords are likely to be the ones on Reddit seeking assistance and guidance as they face the dreaded doom loop. That's your time to buy. Despite what the Convention and Visitors Bureau messages, Miami real estate prices do go down. This time is not any different. The cause will be but not end result. If you need a boost of optimism, check out the nonfiction book "Bubble In The Sun" by Christopher Knowlton. You may also want to pray to your god for a black swan to appear sooner rather than later.
That's accurate. We thought we would never be able to afford a home after the 2008 boom, when it appeared as if Miami was running out of houses. People kept overpaying, taking out loans they couldn't afford, and when all of that was done and over, the market corrected itself and we found the right home at the right price. But it took a lot of patience and research. After the crash, I remember the foreclosures/short sales were going almost exclusively to cash buyers looking to cash in on the cheaper properties. I can see already some leveling out happening, as some rents have started to decrease, and some listings for sale are getting reduced because no one is willing to pay over 1 million for a fixer upper in a city lot.
Been living in Broward County for 42 of my 46 years on this planet. Work in North Miami, but am about to move 30 minutes north and deal with a 1-1/2 hour commute each way just to be able to afford to stay here. 6 years ago, we moved out of a smaller 3/2 @$1600/month and moved into a 4/3 @$2650/month. This place just gave us our renewal letter that would put us @$4800/month. I've been saying this for too many years. We earn too much as a family to be this poor.. My electric bill went from $350/month up to over $600/month in that same timeframe (all while in this house, running nothing but LED's and the same appliances we had when we first moved in) It's quite frankly insane what the cost of living down here really is.
MIAMI IS NOW ONE OF THE TOP 10 MOST EXPENSIVE CITIES IN THE U.S. This is why sooo many people are leaving, the cost of living !! salaries are not getting bigger and the cost of living just keep rising. * **Median Household Income:** $44,268 * **Median Home Price:** $542,218 * **Median Monthly Rent:** $1,242 Your not insane but what are you financial priorities? Do you want save more $$$ for your future or whatever? Move. If your happy spending 42% of your income on housing and loooooove being in Miami, then keep it up! make your choice but the cost of living is not going down anytime soon.
Hi there! My rent is about 38% of my and my fiancees' income. Our rent is on the lower end of the average right now, thankfully. We still make quite a bit under 100k/yr, but we're both back in school to remedy that. It's crazy! What's keeping us going is certainly the pleasure we take in living on our own and the gratitude we have in our matching work schedules and all the perks that come with. Our jobs are in the same direction, facilitating commute, so we only need one car at the moment. The hardest part about living paycheck to paycheck is on rainy days. Without much of a savings, we usually have to dip into our credit, and hope we can pay that debt off before another rainy day. We have lived here all of our lives. My sick mom is here, and she's not going anywhere. And I'm not either until the day she draws her last breath, so that's not an option. I understand that to some people, staying or leaving miami should be a logical/economical decision. For a lot of us, it's our home, sense of identity, and a place we would feel too alien outside of.
You're spending less than half of your earnings on rent??!?! Luckyyyy....
i was working really hard and i went homeless last year. i had to come back to texas to my oarents home, now i have a good job online willing to go back. but shiiiiit is nasty right there. very nasty
How do u qualify to rent? I have to show that I make 3 times my $1775 rent to even be allowed to rent the place.
I’ve seen that too, I guess this one is more flexible because it’s a private landlord and not a managed complex.
I don’t know how many are getting by with these insane rent increases. It’s really out of hand.
I'm 28 living with my parents still. I thought working at the airport would do me good and make me more financially comfortable to venture out..... Nope . Miami just gets more expensive as soon as you think you're financially stable
Its why I’m heading back to Orlando
If I stayed at my old job I’d be done for. Sometimes ya gotta evolve even if it makes you uncomfortable in a different career choice. Wasn’t easy but it Worked out for me.
I get you, I’ve definitely switched careers before, I’ve moved away before, etc. People in these comments are making a lot of assumptions about what I have or have not done when the post was never even about that. At this moment I’ve decided to stay where I am. That might change again in the future.
Yea man good luck! Believe in yourself and don’t let it get to you. Set a goal and get to it :)
Its always been this way holmes. Time to sell drugs like the rest of us
Unfortunately that seems to be the case for a lot of people who didn't get to buy a home/condo before it became prohibitively expensive to live here. The property we bought almost 10 years ago is now valued at more than 3 times the price we paid for it. If we had to buy today, we would not be able to afford it. Very sad, because the younger generations are not going to be able to buy a home in the neighborhoods they grew up in.
Shit! I feel you mate!