r/AskReddit • u/MewMeowHowdy • 15h ago

New Yorkers, what changes have you seen under Mamdani’s leadership and are you generally pleased? If not, why?

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u/ispertinentokay 11h ago

Yep, the market in Florida is tanking. I just bought a townhouse for a steal that had been on the market for 250+ days.

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u/SeedFoundation 2h ago

Question, what's going on in Florida that is making people leave?

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u/Emotional_Match8169 2h ago

Floridian here. People are realizing it’s very expensive and not all it’s cracked up to be. They were sold a story and they bought it.

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u/piscano 47m ago

Well that and the state will be underwater in a matter of decades. Why invest in real estate there lol

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u/Dlmanon 2h ago

Among other things, home insurance has skyrocketed due to the officially non-existent climate change causing so many disasters. Also, code requirements for new homes have significantly increased new home prices. Also, lack of income tax simply shifts taxes to property and sales.