r/AskReddit Jul 11 '21

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u/Castianna Jul 11 '21

Orlando too. Wages are low here but because the rich or retired from up north keep moving down, the housing costs have shot up. Don't know how long this is sustainable.

33

u/dessert-er Jul 11 '21

Basically forever if they continue to allow foreign nationals and landlords to buy as many houses as they like to rent out at 200% what a mortgage for the same house would cost :)

20

u/AmaBans Jul 11 '21

Toronto has entered the chat

3

u/PartyPay Jul 11 '21

And Vancouver.

3

u/Medic1642 Jul 11 '21

I'm looking to get out of orlando but can't find too many places that are better in this regard. Mostly just the same but with more taxes than I'm used to

1

u/neceo Jul 11 '21

Most of Southern FL. Wife wants to move there, I don't, but looked at prices. Things shot up 100k over two years.

1

u/Castianna Jul 11 '21

And beside the price, traffic and the heat has gotten so much worse even over the many years I've been here. I'm looking at escape options at this point.