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57857679 No.57857679 [Reply] [Original]

Why is Florida housing so expensive ?

How long would it take and how much would it be to build a house?

>> No.57857730

>>57857679
>$100k down payment
>expensive
normies have no resiliency for anything.

>> No.57857736
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57857736

Because Florida is the best state.

>> No.57857741

seems dumb to break it down by state. if you live in a rural area in any state its cheap vs living in a city.

>> No.57857845

>>57857741
Not really. Covid made libshits start to buy land its expensive now

>> No.57857870

>>57857679
Willing to bet most of those who are buying in Florida have already bought a house elsewhere, meaning they don't qualify for a FHA loan. Therefore they have to put 20% down instead of just 3.5%

>> No.57857936

>>57857679
20% down for a house

People are so fucking bad with finances it's unbelievable

PMI is 0.5%

>> No.57857971

>>57857736
Florida just has Boomers moving there and buying in cash which is inflating the down payment numbers

>> No.57858009

>>57857870
You don't need 20% down for conventional

I bought with 3% down, paid 100/mo in PMI for 2 years, refinanced once I had 20% equity

>> No.57858084
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57858084

meanwhile japanese houses are given away for free

>> No.57858295
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57858295

>>57858084
> Need insurance cause earthquakes
> Need to pay for re-building cause earthquakes
> Out in the middle of nowhere so need to pay for car
> No-rebuild clauses on a lot of the land

Geez anon, I wonder why

>> No.57858321
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57858321

>>57857679
boomers, jews, illegals with free gibs, and people fleeing blue states

>> No.57858735

>low crime
>culturally rich
>peaceful
>high living standards
>high tech society

You could do a lot worse than Japan if looking for a place to move.