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NetWorth
hearted comments
Youtube hearted comments of NetWorth (@networth00).
They don't want FL to turn in CA. Such a great move.
300
Imagine if Blackrock went bankrupt and all that inventory went for sale.
21
Lord, please bring back 2019 prices. Amen.
20
@MichaelBordenaro Spot on. They're complete hypocrites.
10
PLEASE TAKE ME BACK TO 2019 PRICES.
7
Homes in my area went up 100% in a year or two, 15 or 20% isn't much if you ask me.
6
Miami Dade (especially Miami Beach) property taxes are OUTRAGEOUS.
5
@MichaelBordenaro I was looking at 843 Espanola Way and the guy wants $1M, I looked up the taxes on that purchase price... the property taxes would be $18,569/year with Homestead Exemption. That's insane.
5
I'm currently buying a condo in South Beach and I keep hearing how the crime rate is low around there. Can you confirm?
4
I think he rents an apartment, so there's no need to worry about any of those things.
4
Condo sales are back to 2013 prices, which seems crazy. I've been in Miami Beach (South Beach) looking and keep losing deals due to weird situations, last one we discovered lots of mold. Another one had a trainwreck of an HOA and too many people in arrears. These condos are relatively cheap though. I'm looking to steal a 2bed/2bath for $250k-$400k. I think your chart showing prices going up is because of the high-end condos now being sold.
4
Those people offer you about half of what you could sell it for.
4
People have too much equity right now, wait till prices drop and they won't be so willing to give away tens of thousands.
4
If I wore Gucci and LV then I would absolutely buy the fake stuff and brag to all my friends how cheap it was, I would tell them how foolish they were for paying thousands for something I got for pennies on the dollar... but that's just me. I really liked this video.
3
NYC and NJ people are moving to Florida and paying BIG BIG prices in cash. I don't see how it can crash. I hope it goes down a lot but I don't see it happening.
3
@MichaelBordenaro Seems like they would lose tons of tourists if they take out the bars.
3
@MichaelBordenaro I just flew back to TN yesterday so I was there all week. So much crap going on every single night on Ocean and Collins... it has to get old for locals.
3
It's hard for RE agents to freak out when everything is still selling for over asking price.
3
@MichaelBordenaro same priced house in nashville will be $8000.
3
Last crash saw 3 places crash the hardest: South Florida, Los Angeles, and Las Vegas.
3
@MichaelBordenaro You're exactly right. You have to choose your item to splurge on. I think you should have just bought it instead of lease though. BTW, I drive an Aventador S but I'm very frugal in other areas.
3
@MichaelBordenaro Can I get your opinion on something. I'm flying down soon to look at 1743 Michigan Ave APT 4 because I need 3 bedrooms and garage space. What do you think about that place? It's not my favorite but it's the only 3 bedroom close to SoBe that checks off all my boxes as a second home. I really wanted walking distance to Lincoln Rd. Thanks in advance.
3
I have been putting in offers for 8 months, sometimes as much as 200k over asking... and I QUIT. I give up. I am not buying a house. I did end up renting from an owner so I'm out of the market for a while.
3
If I were LEASING a car it sure wouldn't be their top of the line, it would be the cheapest one they had... especially since you don't go anywhere ($50/mo on gas). That's a really bad financial move IMO.
2
Sell now and rent.
2
$249k seems cheap. The drawbacks are lots of stairs, no parking, and high HOA. I see this condo sold in 2005 for $255k, and again in 2009 for $195k. Why are condos in SoBe staying so low for years when all other parts of the country prices have gone up considerably? These places are cheap enough for the rich to buy them just for a weekend spot.
2
Studio being $1900 and 2-bedroom being $4400... how much were these two places before Covid?
1
At 6:00 I don't know if that's a fair assessment. In those west coast areas like LA, Seattle, and San Fran if you throw in the multi million dollar homes it will throw the numbers way off. I hate those places anyway and they dropped like a rock last time we went bust.
1
It turned out well, but why do people think buying at the top in the middle of a pandemic was a good idea?
1
SO SO SO sick of these freakin house prices. Bought in 2015 for 300k and now they want over 1million. Makes my azz tired.
1