Can Florida Become The Next Big Tech And Finance Hub?
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- เผยแพร่เมื่อ 7 พ.ค. 2021
- In 2020, Florida became known as a safety haven for wealthy New Yorkers fleeing Covid. In recent months, some of Wall Street and Silicon Valley’s biggest names like Elliot Management, Citadel, Shervin Pishevar, and Keith Robois, have moved to the Sunshine state to build roots. It has reinvigorated a tech and finance boom many local officials like Miami Mayor, Francis Suarez, had worked on for over a decade. But data indicate that some of the hype may be overblown.
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Can Florida Become The Next Big Tech And Finance Hub?
10 years later: Why are people fleeing from Florida?
Honestly Florida is so dumb
@@eddiew2325
People move to Florida because of the weather and no state & no city taxes. 👍
@@msbeautyboss3784 I'm moving out of Florida. It's too hot and you get paid a lot less even considering there aren't State taxes. Looking forward to moving back to the civilized world.
Because it's like a 3rd world country. Goldman Sachs made a big stink about moving to Florida and came crawling back within a couple years after they realized none of their people wanted to live there.
OneNewHope lol you’re obviously a troll and saying that because Florida is republican and happens to be very prosperous. It’s Florida not Oklahoma
Last week: will Texas become the new California
This Week: will Florida become the new NYC
Next week: will Alaska become the new D.C?
😂😂
Yeah this is all hype.. Florida is a wasteland
I was just thinking the exact same thing
Next month: How long will it take for Democrats to learn their cities and states are going down the garbage chute?
@@77Treasurehunter77 that is not true you have to understand if blue states and their cities are garbage why is our property prices going up and I live Illinois and I thought people are leaving Illinois so buying a house will be cheaper but it isn’t
Florida is a place for those who are already well-established
God got the best plan for our financial growth
It will take time for things to return to it's normal State. People's jobs were really lost
@@kwansvl3766 God is really intervening on this present issue of unemployment and various jobs lost.
I make cool money from Bitcoin trades
People go into Bitcoin wrongly and that's the reason why they often complain about losses
Florida is getting wayyyy too overcrowded. And the cost of living here is getting absolutely ridiculous. I live in Orlando and it’s getting out of hand. Hopefully we don’t turn into California.
Orlando is the number one city the Californians are moving to so you will. Trust me.
Orlando is such a beautiful city I would hate to see it get ruined
I hope Florida never gets so crowded, that it could possibly tip over like Rep. Hank Johnson thought Guam might do.
th-cam.com/video/cesSRfXqS1Q/w-d-xo.html&ab_channel=AndrewsArcade
Well, stop letting elites moving there..
I don’t think it will. Californians like Texas, people from the NE like Florida.
Florida is becoming unaffordable now, housing prices are increasing every day and home insurance is very expensive.
That is everywhere right now.
@@betterhomesnc2437 Housing may be (Miami was already one of the most expensive cities in the US pre pandemic) but insurance in Florida is a nightmare and is uniquely bad
There is a ton of insurance fraud in Florida.
I went there last year and every working class person was struggling. This is good for the rich
You’re forgetting property taxes.
will mississippi become the next alabama? more tonight at 7
Mississippi has no where to go but up lol.
Hahha
@@JalapenoSteve and that is sad. Ranked #1 in almost anything bad and Ranked last for most things good.
@@JalapenoSteve LOL that made me spit my coffee
Sweet Home Mississippi
As a former Orlando resident and now dc living i can say the jobs in Florida don’t pay to match the economy. Many do not take that into account.
@@alexdelvalle4841 Interesting. Which type of business thrive in florida?
@@geddon436 food.
Not only that, unemployment benefits are horrible. I was laid off during maternity leave. Unemployment was $1050. Not even enough to pay my rent. The only job offer I received paid 35 percent less than I was making with no insurance. We were forced to move to Philadelphia where the job market was much brighter. I love Florida but I don't have a lot of faith in the economy. Especially with a raising cost of living.
@@AshaMae wow! I'm sorry that you were laid off. But I am not surprised of the pay. Florida is slowly becoming another California. It's a great place to visit and retire but to live you must know how to hustle for real. I'm glad you had the option to go to Philly cause many do not and have to figure it out in FL.
@@AshaMae $1050 a week ?
Just wait until a hurricane comes and knocks out your AC for 2 weeks. I know of a few New Yorkers that moved back because of that.
And the millions of dollars they thought they'd save, they LOST dumping their real estate to escape Florida, nice financial planning dummies
Fun fact: NYC was hit by a hurricane last, not Miami.
And it was an utter disaster (and it was a Cat 1).
They're soft and weak.
Yea cause it happens all the time. Your a dope lmao.
@@sarrebal because they’re aren’t built for that. Literally, Florida housing has its specific codes to follow to be hurricane proof, it’s why Florida houses are much stronger than a house up north or whenever there’s no hurricanes
These people are like locus! Ruining everywhere they touch down!
Lol, It's fun watching the plague sweep across the nation and watching people caught in it come out striped to the bone.
You’re so right haha
KandyTV you can thank Joe Rogan, Ben Shapiro and Elon Musk for encouraging the mass from California.
But think of it like this, most people in America are movers because historically their ancestors moved there.. Whenever anything bad happened to them in their homelands they just moved to America rather than facing it. I know people will say it's war refugees etc but 75% of moved to America to have a better life. So they will keep moving to better places to have better lives like locusts.
Yep and they’re doing it to my hometown of Nashville too.
What you have to understand is that these companies and investors are not really looking at FL or TX per say but rather what incentives will those states give them aside the obvious ones, no income tax. As soon as those are done they will move again.
As long as the people fleeing there don't vote in the same stupid policies from where they came from, should be alright.
I remember when I had a 5th grader understanding of the world.............it's like you understand nothing about sales and property tax.
@@josh6706 people will vote the same way only a small fraction change their vote based on location
Cheap exploitative labor, problem is hurricanes and various other disasters as well as TX is off the electric grid
Amen! Capitalist have 0 loyalties. As an everyday worker or even an unskilled low education individual Florida is not the place to go.
10 bucks an hour in 1999. 10 bucks an hour in 2021. Housing has tripled in 20 years. Wages stay the same.
As a Miamian, almost all my friends, including myself have left the city. It's unlivable.
Yeap, I move in 3 weeks out of Miami. Only rich living in big homes and low income folks living on top of each other like sardines. the divide is huge.
Miami is a Democrat city. Enough said.
Anyone moving to Florida should avoid Miami, Tampa, and Orlando. The rest is decent and affordable.
@@debbiee.6333 Liar.
@@MichaelOrtegaExtra You are part right; but please note that Dade is a donor county and receives way less from the state. It is amazing how there is a anti south Florida sentiment in Tallahassee. We provide for us, the West and North, still they hate us. Amazing!!
New York: is that a rat?
Florida: is that an alligator?
In Florida, it's ALWAYS an alligator.
Los Angeles: Is that a Crackhead?
Hard to tell because they’re the same size
SF: Is that rent?!
@@dang.s or a tent ? 😂
Miami? Cheap housing? 😂😂You're funny dude
hehehe yeh i said the same thing. He obviously doesn't live there. And tech? They don't pay enough to pay for that house.
Cheap compared to NYC or LA
Filthy cheap comparing to NYC actually. And you get to live in a nice apartment for $3-4k/month and not in a dirty walk-up like in NYC.
@Omar Williams rent controlled or a new place? It's not the same. In Miami you are getting a new condo. In NYC or LA it's a 30 years old or more rent controlled building with no amenities. Now if you want to compare apples to apples couple of blocks from the ocean or ocean view in a highly desirable area. Ie brand new with amenities. Then LA or NYC is 40 percent higher or more.
@@sevenstargoal but the pay is double soooooo
6:48 this guy understands what the real Florida is like. If you’re a millionaire it’s the best place in the world. Everybody else gets crushed. Sounds like it’s only going to get worse.
NYC isn't much better. If you aren't rich, you live like crap, and the weather is bad too.
Georgia is better for middle class
How so? What's stopping anyone from buying a lawn mower and supplies, Starting small w a lawn maintenance company, working your ass off and eventually making all the money you need for a good life? Nothing, quit your whining and moaning and get going. If you're already successful go teach someone else how you did it. You know the old saying about teaching someone how to fish instead of crushing them w handouts.
@@kevinodom2918 🙄
@@alb12345672 That's not true. NYC has a much higher minimum wage and way better social services. Not to mention cheaper groceries and transportation. If you work full time in any job, you can get by. The same is not true in Florida.
Nobody becomes a millionaire or a billionaire by working for others and depending on them, good investment bring millions of dollars, and consistency brings billions, the market is all about BTC at the moment now....
I'm interested in this stock market but I don't know how to come about it. Any advice??
@Mellitus Osinachi How do I contact Mr Jay Pelle FX? I'm from UAE
@@kabiruusman1744 you should write him on
face_book
Jay Pelle FX
@Ethan James His success stories are everywhere
I mean.... technically, tons of New Yorkers move to Florida to retire prior to Covid. I think this is why Florida is kinda crazy.
I agree.
I see so many NY an NJ license plates here in Tampa it’s unbelievable
It is because they bring their crappy attitudes here and want to change everything. just go to any Desantis vid or post...all the New York transplants just spewing hate.
@@cknorris3644 most of those that come to Florida are wealthy conservatives that want to guard their wealth. Kinda like former president who moved from NY to DC to Florida. The haters you see online are the youth.
Different this time. Went from charming snowbirds to full-on invasion.
Paradise for the rich, hell for the poor
th-cam.com/video/SvQRPnQBJdQm/w-d-xo.html
Nope
Just like new york
@@portlaindokoreive5800 yep
@superfuresh then who will serve the rich? They don't want to cook, cut grass, raise children or even drive.
As a lifelong Floridian, the growing influx of inequality and congestion greatly saddens me. Nothing good is coming of this, only all the problems people bring with them. Quality of life here is dissipating before my very eyes. Traffic is horrendous, people are edgy and prices on everything are going through the roof.
Get a side hussle and stop feeling sad.
Go to a democrat ran state and see how much 'better' it is.
@@samv7407 Not biting. I have friends in both parties, in cities all over U.S. What we really can't afford is more divisiveness.
@scout Please don't feel sorry for me, feel for all of us as ultimately we're in this together. And please don't take my comment off the rails.
@@networth00 Side hustles don't pay for million-dollar fixer-upper homes with three bedrooms in decent neighborhood that used to be for the middle class. Friend of mine REJECTED $250K bid OVER asking on his home, because he had nowhere else to go with his money. But to extent you mean feeling sad won't help, you're sure right about that!
These people are crazy, they have no idea what Florida is really like. Hurricane season is just 1 of the few things that will definitely open their eyes.
Enlighten us. What would keep people from fleeing liberal wastelands like CA and NY?
@@mathermp Bugs.
I don’t mind people fleeing for a better life, but damn don’t vote for the same policies that ruined the state you fled from.
@@bg19717 Don't worry they will destroy anywhere they move to. They always think they can "fix" what don"t need fixing.
I cant even image !
@@tetsuonabiki it's not that "they" think they can fix things. For some reason they believe government is the answer to all problems.
I would say Florida is the new California, it is becoming unaffordable and very crowded
So is Texas, it's a large portion of the US. That's why I'm seriously considering moving out of the US period.
I agree. I'm from Florida and I am moving because the skilled job market here isn't very good for people in their 20s. From my experience, it's difficult to advance from an entry-level job and receive a salaried job + benefits. I landed a good job in Atlanta and I want to save for a house that I'll be able to afford reasonably.
Couldn't happen to a nicer state, down the toilet
But at least Florida doesn't have a ridiculously large homeless population.
It’s becoming crowded from the influx of these idiots from California and New York.
Don’t forget about the large bugs, Florida Man, Alligators, and lizards
😂😂 This is all very true. I'm a Florida Native, all of this seems pretty typical, except the alligators. I've never seen one outside of captivity.
@@mustseesouthfloridahomes And Burmese pythons eating all the other animals they have.
I hate lovebugs
and iguana jits runnin around
@@tr3ynag4ta lol I saw an iguana when I was at the beach in Miami, right on the main strip where you have to walk because they don't allow cars anymore. If it wasn't for it climbing up a tree I'd been scared, that thing was huge. Nobody else seemed to mind and I noticed it too late if it wanted to do anything to me, I'm disabled. I just basked in it's presence as I sat there but I kept looking up at that tree but it never came back down in the hour I sat there while my cousins walked the strip.
“You can be all over the country very quickly.”
This guy clearly doesn’t know geography.
They can say "let's make Miami a tech hub" all they want, but without the human resources pool to hire and innovate from, there is nothing.
I agree i dont see Miami being a hub anytime soon. Now, I do believe Orlando has a lot of potential but i could be wrong
Do you mean human capital? HR doesn't innovate, it's a ploy to suppress wages and protect employers from employees.
The reason why Silicon Valley is thrives in California is that the state has some of the top universities in the country that produce the human capital needed to run tech companies.
Born in Florida and moved away 10 years ago at age 27 to North Carolina. The Miami/South Florida region has continuously sold a lie to prospective residents. It’s always had a lack of true industry outside of tourism, taking care of elderly, white collar crime, and agriculture. Moving to NC was the best thing for me professionally and personally. I love visiting my family, but grateful for the affordable housing and better paying employment I’ve found in North Carolina. The true prosperity I always longed for came to realization in the Charlotte region. It’s an economy built of strong industry sectors.
I love NC too.
Currently living in Ohio. Housing in Ohio is cheaper than NC, so you save even more here.
Miami is going to be the next San Francisco. Also, you can't build an economy off tourism?
@@fieryscorpion ohio is one of the worst state FL and NC are great states
Michael would you go back once your retired?
Tourism brings low paying wages and is very volatile. Growing up in Florida I saw this first hand. People lost their jobs due to natural disasters and slowing economy frequently. San Francisco and Miami has vastly different makeup. Where’s the Cal Berkeley and Stanford for the employers to recruit from in the Miami metro area?
Wait till the summer heat. It's like a stemroom with no exit
Amen to that! Spent the better part of 9 years down in Tampa. Folks from back up north are always like "oooh but Tampa has never hit 100 degrees!" Mmhmm.. now factor in the dew point and heat index and take another look. It's utter hell for a good 5 months out of the year.
Summer heat and winter cold are a trade off. Pick the one you dislike least. In the summer at least you can jump in the pool or go to the beach.
I'll live where the winter air hurts my face!
Hot.
Yes! It gets to like 95-100 degrees, mowing the lawn sucks. Humidity just makes it even worse
“Spends less on health and education per capita than anywhere else in the nation.”
That’s all I needed to hear.
California spends more per capita than any other state and ranks at the bottom in education and testing. So overall spending does not equal a better outcome. Just ask the parents who are enrolling their children into our local schools because the states where they moved from was horrific and CLOSED. Not to mention, San Francisco opened for ONE DAY last week (in an entire year) so it could qualify for their states educational funding. Can you honestly say those kids are getting a better education than my kids here in Florida when we have been in the classroom since last august despite California spending more on education?
And on healthcare, we are overall a more active state. We aren’t in the top 15 states for obesity or diabetes like other states. A large majority of our population is over 65, so Medicare which is a federally funded program covers those patients. Medicaid which is state funded doesn’t eat up a large portion of our budget. So once again, relating spending to outcome is a false comparison.
so that's why there so many cray cray people in FL, thought it was just from being baked by the sun constantly, maybe both..
@@amber7255 more is not less when it comes to education. If they do more doesn’t mean their not doing maybe it just isn’t working . People learn different . If everyone had a tutor wouldn’t that help ?
My kids teachers in Cali make between $116k and $135k a year teaching 2nd through 5th grade and I'll be blunt - they not exceptional. I say this as a person who has 2 doctorates in the sciences and my mom was a college professor. I value education, but Cali is just turned into a union shill. The only good teacher any of my kids had either retired or were fired because she didn't earn enough tenure to miss the pink slip. So spending is not a reflection of outcomes.
I can verify this to be true in medicine as well as I am a physician.
@@amber7255 Hard for me to imagine CA at the bottom, but FL is exceptional.
i hate so many ppl moving down here... ur just gonna make my state like the one you left
@@fp5495 oh well I can careless anyways I’m moving abroad 🤷🏽♂️ “darling”
Isn't half of Florida gonna be underwater in 2050 guess its gonna be a short lived boom.
Source? Source? And if true New York and New Jersey will be underwater first. So again, source?
@@Lybrel he is spreading false information, a part of Florida would be underwater by 2100 not 2050, if you live in Florida then you would probably die before water sinks that crap state
@@Lybrel You're asking for a source in a youtube comment? Bruh
@@KingCrow404 What's states are where it's at?
Uh no
Florida is that chick who's fun to be around, but you would never marry.
naw, florida is awesome.
*chick that's too hot for Brandon
Of course, many people (including straight shootah and SneakyRed) can't identify gold diggers
Good one, @@user-rg2cj3xd1e . Who do you think you are? 개울가가에물 에초 울망????
Nope, I spent my entire life in Florida. I'm from Miami (born and raised). That's not true at all.
born and raised in south florida my whole life, influx of people and these influencers f*cking up everything. We're full already, go elsewhere smh
Librals , where will run to after they ruin fl lol
@@nasaali1 Texas, and after that. They will have no more places to go.
No thanks, I plan to live with the rest of my family in Orlando. You don't get to decide that
@@nasaali1 Imagine talking trash about a group of people yet you can't even spell "liberal" right
@@kiwikiwi2483 Missed the forest through the trees did ya?
I moved from PA to Tampa Florida. If you are a remote worker or own an online business then Florida is great!
C S it’s bad to Ha a slave worker anywhere in the country.
@Darius Gaynor I couldn't agree more. I grew up in the Florida Panhandle, right below Alabama, and it's hard to enjoy Florida when you're working like a slave. Everything is getting expensive, affordable housing is getting harder to come by, jobs don't pay worth of damn, most of the good jobs are near the beach where most of the tourism happens, and still don't pay much because living on the beach is crazy expensive, etc. But don't worry. My goal is to get out of the rat race once and for all so I can enjoy life again.
@C S exactly
@@matta6395 true but easier in low cost living areas
Darius Gaynor it’s better to be a slave worker in FL than NY/CA, it’s better to be a lower, middle, upper class worker in FL than NY/CA
Beaches everywhere but you can't get to without hours in traffic. And many low paying service jobs and high insurance costs. 15 an hour is high pay in Florida.
Hours in traffic?? Where tf do you live?
Yep. People from outside don’t get it
Floridians did pass an initiative raising the minimum wage to 15 an hour.This will in may ways counter many of the issues like a lack of social spending
15 an hour is high pay here? Gtfo . My student brother started a factory Amazon Jon, with a STARTING 15/ hour pay.....and it’s in a small town.
@@brois841 never lived more than 5 miles from work. 10 minutes, top. Live 5 minutes from the beach
I used to live in Florida in my early 20s when it was still pretty nice...I honestly thought it was paradise when I first arrived there.....
But boy that has changed....
Conclusion.... Don't look for the perfect place anywhere anymore.. Doesnt exist on earth..
💯
so true
The "perfect place" is wherever one feels content. It's different for everyone. The perfect place can be a remote cabin somewhere in the northern wilderness where nobody is around for a hundred miles. It all depends on the type of person you are.
@@jamescrud "perfect" doesn't exist!! Nope
@@jamescrud yea true until sasquatch comes pay you a visit in the middle of the night and then you'll appreciate civilization lol 👣☠
Yet the average Floridan is struggling to pay their rent especially in South Florida
New York doesn’t even wanna be New York🙄 Soon there will be an exodus from Florida. I’m a born and raised native 😩
I’m from NY, the problem with New York is the politics here is messing the city up, we have jobs, minimum wage is above average granted living costs are high , if you know how to spend and save and invest what little you have not just money but time and other things you manage long enough to find a way to be comfortable , personally I’m buying a house in France cuz I would like a lot of yard space , Upstate has yard space but it’s very remote and Long Island has yard space too but it comes with high property tax. Also I’d like to travel to places in Europe and France is the perfect gateway for a New Yorker
DON’T NEW YORK MY FLORIDA!
Way too late. Orlando has become a 💩 hole with these New Yorkers moving in waves.
In my 7 years in Florida, I witnessed: Violent crime, poor infrastructure, low wages, a looming climate dilemma, ever-more expensive housing, urban sprawl, and interstates and highways that look like parking lots.
That's sadly most states but Floridas government is corrupt
th-cam.com/video/SvQRPnQBJdQm/w-d-xo.html
Endless, endless low density sprawl. McMansions and strip malls with the same stores repeated every 5 miles. Sinkholes. Hurricanes. Snakes. Gators. Brutal summers. Glad I left.
@@brussell328 lol Florida: Strip clubs, strip malls, liquor stores, gun stores, pawnshops, blood banks, and " pain clinics."
@@brussell328 Good for you, many millions of others disagree.
Local Floridians will be priced out of the places they grew up in as rich foreigners move in and buy + bid up all the local real estate.
They might move to NY after almost everyone leaves there.
happened already in SE Florida
@Estela Lopez I think they lost more than business people.
1:50 "They" will always have to interject race into a subject no matter what!!! If there's a news report about toilets; we will have a segment where "they" discuss lack of access to safe toilets due to inequity! Im so freakin tired of them and their annoying antics 🙄🙄
I live in Florida and with so much fame it is going to become very expensive like NY and other cities that are also overcrowded and that brings more violence for me that no one else comes
It's all fun and games until the next huge hurricane blows through Florida and stuff from Miami ends up being found in Tampa....
There are so many homes in Miami Beach that were built about 100 years ago. Why do they still stand if hurricanes are blowing them away?
Outsiders are always worrying about hurricanes. Native born Floridians worry much less about hurricanes.
@@networth00 They were built to stand, newer houses are built for the onslaught
@@gantzuka Exactly
I'd rather deal with a hurricane than BLM riots in blue states any day.
If only you know what the future says, you'll know that indeed cryptocurrency is the future, investing in it now will be the wisest thing to do. Hold!!! And you" will thank yourself
Exactly, at the moment bitcoin is the best and profitable coin to buy and invest in.
Crypto trading is very profitable when you trade well.
How does this whole bitcoin thing works, I'm interested in it and willing and ready to invest heavily but I need an assistant to properly guide me through on how to make a good startup and be successful in it without making mistakes. please
Wow!! Impressive you trade with Mr Brian Carruther too! I thought people don't know him that well.... he's really awesome!👍
@@birdlandtoronto1964
You don't have to be surprise because I'm also a huge beneficiary trading with him , I keep on earning $15,000 every single week with is trading platform.😊
Let’s be clear... this is about *South Florida*. Not Florida.
yes, it's the only part of Florida many Wall St types ever see.
2 months ago, the conversation was Texas.
Nebraska or Nevada is Next
They’re just trying create a narrative to push their liberal agenda on red states.
Then it froze
Not an issue in Florida
It’s actually been both Texas and Florida. California is mostly moving to Texas while Northeast folks are moving to Florida! Honorable mention to Nashville. Why? No state income tax and much cheaper cost of living especially in Texas and Nashville!
@@avinashtyagi2 It can happen, at least in parts of FL
This video focuses mostly only on south Florida which might as well be a different state than north Florida or panhandle Florida
SOUTH FLORIDA is the part of the state I WOULD NEVER LIVE IN - as a Floridian
NO THANKS, they'll figure out why pretty soon
BLIND leading the BLIND
I'LL be laughing all the way to the beach while you run back to NY
@@gocanada9749 Warm winters, pool parties and boating in the summer. SOUTH FLORIDA is the only part I would want to live.
@@networth00 BUT you are ignoring the OTHER PART, the part you will learn about soon enough. YOU know ZIP about Florida
@@gocanada9749 Every area in the world has it's negatives. Go comment on areas in Canada.
the panhandle of florida is boring. Rather stay in orlando or miami
Don't come to Tampa if you got the attitude of a New Yorker and drive like one too. We already got too many of those.
I have lived in Tampa since 1978 and yes...it's booming with jobs and runaway growth. But traffic is bad. Our auto and homeowner insurance rates are one of the highest in the nation. And to make homeowners insurance worse we have a 2% ( or more ) "wind deductable" on most policies where if your home was destroyed in a hurricane you must pay the 2% wind deductable. Have fun with that even with a average home at $300,000. That would be $6,000 for your deductable. Don't move here unless you already have a good paying job waiting or you are debt free, with no car payments, and you can take the time to build your career and financial situation.
Let’s not forget that lots of millionaires buy here so they pay less taxes, even though they only come for a few weeks during winter time
th-cam.com/video/sJK5tABgqvs/w-d-xo.html
They stay for 6 months and a day, not a few weeks.
@@jadekillian I like how you told me not to use propaganda as a source and then used the tax foundation as one. Also, it's clear you didn't watch past the first 30 seconds as you'd know that it tackles the exact misleading statement that the tax foundation source makes. Notice how they say "top 1%" instead of millionaires and "income tax" instead of taxes? That's because the top 0.1% pays far less in taxes as a portion of overall earnings than any other income group. Also, even the source you sent doesn't back up your claim. Top 1% != millionaires, as it includes people with significantly lower earnings. Not only that, but 38% is not a majority.
Ding. Ding. Ding.
Ah Winter in Miami is.where the magic happens. When they called Miami the magic city they were talking about what it feels like on those beautiful crisp winter nights on South Beach and every other neighborhood.
I’m moving away from FL. Born and raised here. Too hot and too many people already.
Sell me your home
So u want to live alone because of many people?
Fr after college I plan to move away as far as possible
Bye. Love Florida. Best state!
Have you seen what is happening in the other states?? Enjoy!
This sounds like a dont leave NY promo
Nah NY sucks
About 4 years ago when I entered highschool I started thinking about what I wanted to do in my future and I was researching the tech jobs around me in central Florida and there really wasn’t a lot. Now there are dozens of open positions and a lot of new companies. Definitely a lot of growth in all areas. Going to be interesting how this will work out in the future
Omg a tech job in Northern Florida is perfect. The rent is cheap over there and I’m assuming the job pays well! Totally come to Fl!
@@anakarina1011 How well do the Tech jobs pay? I am seeing many people posting that pay is lower in florida.
Lies again? After Dark X New York
How fitting, they're building a giant swamp in a giant swamp.
Good one
uh oh guys, John's got some heaters...
LA will be a giant desert in a giant desert with so many people leaving.
For me, Florida's Humidity , Rain and hurricane are unbearable.
Yes, hot AF. 😫
Yeah but that freedom though 🇺🇸 🇺🇸
Try Canada and get back to me 😂🇨🇦
Florida hasn’t had hurricanes in a while now.
Rain is everywhere and FL haven't had a hurricane in almost 3 years.
THE RISE OF SEA LEVEL : Will Florida become the next Atlantis?
You don't find this video. This video finds you 🥰
So ... how long until the Everglades is a big ol' parking lot, with malls and overprices homes?
Never
What Florida and other coastal states should consider doing is to build artificial islands and peninsulas just for kicks
It’s protected like many areas. Educate yourself.
And alligators are working at the registers lol.
Big Cypress national forest preserve will probably get bought up ☹️
The main problem with Florida’s future is sea level rise and stronger tropical storms. If the state really wants to become the next New York or Silicon Valley, it really needs to invest in better infrastructure NOW, otherwise the cost of all those disasters will be so huge that people will leave the state just like they are doing with NY or CA.
This is exactly my thinking as well. That would be my main worry as well
That depends on whether Florida wishes to become the next New York or Silicon Valley.
You'd think of this was the case these billionaires and banks would stop investing here right? If florida is going to be under water in the next 30 years as alot of these climate change scientist claims then banks would stop approving mortgages and commercial loans since they'll be losing money! Hurricanes are not as bad as the news make it seens. Yes it can be devastating but just look at the impacts snowstorms and freezing cold has on infrastructure as well.
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@@JiggyC Why? The banks can move that's a job for the government.
Florida never be like New York
So glad for that
I dont need to leave NY now, plenty of room here.
Many headed south wont have a place to fall back on....when the new car smell burns off.
Meanwhile, major highways here in Rochester have eased up in volume of crazy-road rage drivers....
No need to thank us Florida. I didn't plan this either.
God be with you.
Miami has a lot of problems, the major one is wage and salary, just like most of the country. But here is more visible.
I've lived in Miami all my life, own a business for over 9 years and I've witnessed the huge gap between poor and rich, it's incredible!
You only have two options here, miserable or comfortable, there's no in-between. Ge ready to hustle a lot harder than in NYC if you want to come here.
You're painting an awfully pretty picture of Miami. The stores aren't forced to comply with pages and pages of red tape AND deal with the nightmarish conditions you already describe. And we don't even have the nice weather.
I would think in NYC would be even tougher since it’s even more expensive (rent, dining...) then Miami
Not only that but Wall Street banks can recruit the best talent when you got the Ivy League very close by - to compete against that is very hard because these schools have a big reputation. Florida doesn’t have the pedigree that schools in the northeast have.
@@johnl.7754 Miami doesn't pay well in comparison to NYC. So it takes a lot longer to live comfortably. You can still make it but it will take longer and you'll have to be creative. Most of the people who make a good salary come from New England, in fact, 70% of all my clients are from the North East, Miami people are moving to Texas or California. My friends from New York don't want to move back, they say it's too expensive and pay too little, all 5 of them. lol
@@alexipestov7002 a huge wealth gap how is that a pretty picture exactly?
So basically, no income tax, low salary and expensive housing. Doesn't sound like such a great deal after all.
@@scottfree6479 yeah sure when you don't pay taxes
Florida’s year round warm weather and beaches brings me back
Me too! The Beachcomber
Hurricanes and Unstable Weather
The dude talking about the sections of Florida towards the end is on point!! I’ve lived here my whole life. Had to move out of south Florida in 2005 because of high housing market and low income
Back than Florida was a great place
@@asielmilian38 your not wrong! Still no other place I’d rather live to be truthful! Just afraid the cost of living will end up getting overwhelming
Miami native, now living in Jax, where the people, weather, and housing prices are all better! But the reality is, Florida is a national joke and not taken seriously for a tech career. I plan on relocating to move up to the big league$$.
This happens in all states basically, life is cruel
In Florida democrats can feed the wild life🐊🐟🐊🐀🐊🐃🐊🐉🐡. Florida will never regress to the level NY has.🐊 🐟🐊🐀🐊🐃🐊,🐟🐊
Have you been here in the summer? It’s rough...
If only they had beaches
i lived in Florida for 12 years, i just realised i never spent a summer there... always went back to Europe for the summer.
Have you been up north in the winter? Winter is coming...
P.S. The summers aren't so bad, turn on your AC :)
The beach, the pool, & A/C are a must ☀️🌴
So is Chicago in the winter, it is rough.
Florida does not have the cultural savvy of New York. There's no Broadway, no renowned film industry, no Michelin star restaurants filing the cities, no amazing art museums, no fashion industry, no mass transit, city life and restaurants shuts down early in most cities, schools are mediocre at best, etc. Florida leaves much to be desired. Definitely not an alternative to New York.
Florida sounds nice on the outside, until you learn about the low pay regardless of your job.
That explains the low cost of tuition, realitve to other states.
Unless you have lived year around in Miami you won't understand why rich people only visit their homes in the Winter. The rest of the year is almost unbearably humid if you're not accustomed to it.
Nothing is hotter than Death Valley . Miami heat ain’t that bad to be honest
@@sungaze342 Miami never gets hotter than 92F, but with 100% humidity 9 months out of the year it takes some getting used to if you weren't born in the tropics.
@@KM-em9me Go go swimming, snorkeling, and boating.
Yup And if the temperature is 97 it feels like 107 because of the humidity so sticky
@@DarhaLB Then you get into the pool or ocean and it feels like 80.
Florida is a horrible place to live or work.The weather is way too hot! Either your rich or poor in florida.
To me Florida is just not that preety and that heat is the worst I've ever experienced that sticky humid I want to puke heat. Let the rich have Florida it's just not appealing to me.
It will never happen. Sounth Florida has only one University and one community college. California has some of the top universities in the country, and dozens of community colleges. FL will never reach the levels of California, and New York is the center of the world. I moved to New Jersey decades ago. It is dirty, ugly and full of pot holes. But, NJ is a rich state, home to most corporate offices, not like California techwise, but full of universities and community colleges. For Florida to reach silicone valley heights, you'll need a transformation that backward FL will never reach.
I've gone through 7 hurricanes in FL. It is a nightmare to be months without electricity. That happened with Andrew and it will happen again. Miami Beach where I grew up in, is already submerging due to rising sea levels. That low venture capitalist you see in the video must have some scheming piramid business in mind for new FL residents, because he is not gonna go to FL full time, that's for sure.
What is dirty and ugly about NJ? I beg to differ!
South Florida only has one University? Have you been to South Florida? They have University of Miami, FIU, FAU, Barry University, Everglades University, FGCU, Johnson and Wales University, i can go on and on
@@jaynyce5923 he said they are not top ones
I'm Italian... Never been there yet but I'm soooo in love with Florida 😍😍😍
We're full
I'm not Italian...been in Florida few times, i am not so in love with the state perse but go there only to see naked women at ocean drive
@@lk7195 ok so if you're full why don't you leave and give space to new people!????
Don’t New York our Florida!
"lol That's a good one" -- FloridaMan
Floridaman is because california was losing to tourism to florida (its better by far and less crazy people), so california funded and made the Floridaman twitter and pushed it into the TV hollywood shows in cali to promote more tourism away from florida. You sad kids in the midwest love it, and think its true.. nope, most of that news is northerners who go crazy on spring break and summer as they cannot handle the heat and women
Florida: the worst of the North combined with the worst of the South.
The nice thing about Florida is hurricane season is once a year and that drives off the week and futile.
@Hello Shawn how are you doing?
Having been raised in Palm Beach County, Florida, I can say that it is a tough place to raise kids. There are a lot of distractions from the beach to just a staggering amount of unearned wealth.
Say, instead of silicon valley or LA where you might see a lot of people working hard to build a fortune; along the coast there is just a lot of wealth of unknown origin; a lot of rich people who have nothing in common except they are rich. The schools are low quaility and it is very hard to go to an ivy league school from a Florida public or private school. One can get into top schools, but once one arrives one realizes one is woefully underprepared. I wrote more pages of term papers my first semester in college than I had written in middle school and high school combineed. Now I live in Orlando and I find it to be a less crazy place than south Florida.
I live in Naples fl. It one of the richest city in USA me personally don’t have a prob with the rich ppl cuz most of their kids do to public school. However I only realized I live so close to the rich when downtown. School fine but it probaly cuz I’m in the Cambridge program. The only way to achieve here is to be smart so you hang with the elite then ur drowning. It sad.
People from Jupiter and Wellington are legitimately aliens.
@@_method_5877 good points. A lot of what Jim said is true, but LA and San Fran are bad comparisons.
@@neil12011 Can confirm, I'm an alien.
I’m getting sick of the get rich quick scam ads on TH-cam that are always rolling with anything financial
Too many people are asking why I'm not moving to Florida... no thankssss! Not my crowd lol.
Yeah, I don't like Florida neither.
I left unlivable Rockland County, NY last August to attend UCF. I love it here and I have no plan to return north. The snow is terrible and no amount of money would convince me to endure another harsh winter in a Democrat state.
Smart man. Hope you tell the rest of your NYers to move here to change the way they vote.
I hate the harsh summers here in New York state. The summers in Florida are even harsher.
Yes, in property values. I wanna know how Florida is going to prepare for the floodings since they don't collect income taxes lol
These people will hop from state to state to get the lowest taxes ever. When Florida becomes too expensive they will move to another state. Many companies are moving out of China because they don't wanna pay decent wages and deal with new safety issues and regulations Now they are moving to Cambodia, laos or Vietnam.
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How have they prepared for flooding in the past? Been doing something for decades
@@strawdemindset their defenses are outdated and many large cities like Miami flood terribly every year. Hard to keep upgrading with such low taxes
@@DaniMrtini Defenses? Miami floods when they have a storm and the water dissipates pretty fast .... don't think taxes are the issue. The natural geography of south florida is letting it down as the sea level rises.
My friend, you may want to take some time and learn how taxation works. When a population increases, the taxes local and state governments generate increase as well as more people are paying them. I have never lived in a state with income taxes my entire life Nevada, Wyoming, Missouri and now Florida. I am not rich by any means.. just smart enough to know how to keep more of my hard earned income and give less to the government to support those that want don't want to participate in the process. Those that visit Florida pay their "fair share" of taxes so don't need an income tax. If you think companies are leaving China due to wages that is LOL. Don't forget the Chinese government controls everything.. including who stays and goes. The quality of life in Florida is much greater than in New York due to less socialism, government control and less congestion of people. Actually, people leaving China and New York have a lot in common come to think of it. LOL
When blue state people leave blue states because of high taxes but come to Florida to vote for those same people for high taxes
I understand your logic of categorizing things into colors to make it easier for yourself to hate and demonize anyone that thinks differently than you, such as using red and blue for instance, but what color would maga states be? Orange states? In reality there are three political parties now, democrat, republican, and maga. So are you on the side of Liz Cheney and Mitt Romney and the rest of the actual republicans? Or are you on the maga side, with Matt gaetz and MTG?
it’s all fun and games until the state literally starts becoming an ocean and the cities become undersea
Bill Gates just bought an oceanfront property. Stop believing these people.
Sure, like in a couple of million years.
@@networth00 not its a literal fact... sea levels are rising and literally the projections say that the WHOLE state (not a city the whole entire state) will be underwater if we dont fix the problem
Look at a pic of the arctic from the 80’s and compare it to one of 2020 and you’ll see the problem
@@mannylopez15986 more like in 80 or so years...
@@caulasabia4114 When will FL be under water?
please please please let's not make miami silicon valley. we dont need failing policies and political leaders
If you are from up north , go back when your money runs out .
- FLORIDA -
Go back period.. whether their money runs out or not .. Good Riddance.
@@edennard1
Lol ,
If it's "better up north "
Like yankees always claim , why do they always come down here and destroy our beautiful state..
( We love seeing northern license plates on I 95 , heading north )
Yeah, they need to leave, I'm from Florida born and raised and the rent has gone up because of these morons.
My friends first month in florida. He found an alligator swimming in his pool, so he built a fence in the drive way. Week later he finds a python in his backyard so he had to reinforce his gates and make sure there's no holes around his whole house. No his big problem is giant iguanas falling out of the trees and into his yard. Now he's like why did I leave ny when all he saw was an occasional rat. Also florida has giant roaches
Giant? FL roaches work out and eat a ton of protein…they look muscular and stubborn!
Cali has bears and Cougars
@@Yui789esss NY has neither…ok maybe the cougars all hang out at the rooftops?
@@samib3589 yes definitely a lot of mom cougars and giant Wall Street rats lol
Sounds like Australia
I just moved out of South Florida (Broward) in Nov 2020. I do not miss it but this will devastate the young population in the area. Housing was already high and was rocketing up with homes being bid 20%+ over asking. Car insurance will increase as well along with other cost of living items. Wages are hard to fight for and labor is plentiful. You have to work two jobs in some cases to get ahead. The area has tons of opportunity though which comes at a cost. I hope the current residents are prepared.
LOL it's cute that you think people have insurance.
Good luck driving out of Florida during an emergency 😳
I like that they had a pragmatic point of view on this video with Phillip Agnew. There are multiple Florida's down here, and depending on who you ask you can get a really inspirational answer or a truly depressing one
I live down here and even I didn't know we spend the least on social programs. Now that I hear it, it's not surprising at all
The flipside is you could pay half your earnings in taxes and still not really benefit from social programs like in CA.
@@betterhomesnc2437 you could also have wheels and be a car, what is your point?
Coworkers of mine in the service & hospitality industry down in Miami worked 18hrs a day, 7 days a week, and developed a cocaine habit not for recreational purposes but so they could pull such long shifts. It was all simply to make ends meet. Throw in some of the rudest & racist mofos you'll ever meet, terrible drivers, zero public transit / need to own a car & pay for parking everywhere while losing hours of your life to sitting in traffic, crime, violence, climate change & natural disasters - and it is a miracle anyone would want to live there.
But the wealthy retirees think it is great because they can lay on the beach all day while not having to deal with any of that.
I am also from Florida. That part was not shocking at all. My high school did not have enough textbooks to go around and we had a serious overcrowding problem. People would show up on the first day of new schedules and there was no seat for them in their class. I graduated in 2011.
@@worrell30 I moved down here for the twelfth grade in 2003, my high school wasn't that bad. But I _totally_ believe you man
Yeah it's so messed up, when the billionaires were in New York, all the poor people were doing so well...
lol I love how intense they made this acting like this dude manifested people to Miami with a single tweet 🤣
The thing is, he did.
Lol CNBC is rubbish
We are seeing this in the UK as well. Every ickle town and city is "the next big tech hub" and "the best place in the UK for cybersecurity".
If everywhere fits this criteria, then nowhere does.
until the hurricanes come and smack Miami 😀. But I can say the same about Texas & the tornadoes where I am
Or fires in California, or flooding in the Midwest.....
No place is perfect, but low taxes is pretty close.
Just fly to different state until the hurricane is over ,we go to Connecticut whenever a hurricane hits
Plus Texas freezes 🥶
@@avinashtyagi2 Texas had one crazy freeze in its history and you’re acting like it’s Alaska! GTFOH!
@@Aggie4life77 This is only the beginning thanks to Climate change.
Florida never freezes
Same thing is happening in Georgia which is pretty annoying 🤦♂️
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Floridians coming to Georgia and bringing their associated BS is annoying.
Sir, Georgia will NEVER become a place with this magnitude of growth! LOL You got Atlanta...and that is all!
Georgia already turned blue
@@A22DNAL We gained over 1 million people in ten years and we are still gaining.
But by all means, please stay away. I don't even know @Junior Nguyen but I bet he would be happy if fewer people moved here.
I've been there once and I loved it 👌🏽❤
Florida has very high Flood and Homeowners Insurance. Plus, real estate property taxes are high without homestead rebate.
The best post on here.
I'm assuming whoever did this piece hasn't visited Florida recently...
Pretty much
They are talking about the future, in ten years time
Better than California by miles
Especially in Jacksonville
@@Rommie26 No, not even close
Might seem nice in Florida until Miami is underwater in 7 years
Theyve said that for 17 years, and my house 1 mile away from the ocean never saw water flooding really.
@@dertythegrower how much you pay insurance per year ?
And the world is going to end in 12 years
Wait I thought your Savior King Biden is fixing this? Isn’t that what you voted for?
Back in 1980 we were told Florida would be under water in 10 - 20 years!
Florida man: hold my shoes
Florida is becoming insanely expensive. Miami prices are increasing exponentially