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Bloomberg Television 25 Jul 2026 40 here now

Why Miami No Longer Pays Off

For New York City residents weary of the steep costs of building a life in the famously expensive city, a move to Florida, and Miami in particular, once seemed like a perfect solution due to its many

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This is great reporting You should report next cost living WASHINGTON DC ...
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So the city didn’t have the budget to accommodate
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Juice not worth squeeze
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I read Miami as Mamdani 💀
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I left the FL (Tampa) in 2023 after close to 20 years. Right around 2020 Florida was no longer worth it thanks to Covid era mass migrations leading to overcrowding and sky rocketing insurance and taxes. NYC is a far better place to live than Miami if prices are similar. NYC has high paying jobs. Jobs in FL pay some of the lowest wages in the nation
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I take Miami any day before I would take the cold weather of NYC.
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I would rather move to San Francisco!
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I'm hearing Jacksonville is the new Miami? True?
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If you aren't at least a 8 figure net worth individual don't bother, won't be fun...
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Now Tampa is getting the surge in relocations.
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I think people are missing the point on what Florida as a whole is turning into. A place where millionaires and billionaires move to, and a place where working class people leave. I actually predict Florida as a whole will start to restrict skyscrapers in the long run because of its limestone ground causing so many issues with current tower development. This shift will see the construction of massive mansion estates for its wealthy investors, as land is limited in Florida. We’re already seeing this in Palm Beach. It’ll force the poor out to Atlanta and the middle class back to NYC
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Miami is never the way to go.
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Housing is one of the many factors, but car insurance premiums are expensive over $150 a month for full coverage, food prices, parking, among other things.
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It’s not “people” moving to FL that is the problem. It’s the “free market” (no regulation no government services) ultra wealthy that are destroying the city and the state.
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Very overrated city.
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So the video doesn't mention the property tax bill coming up? That seems disingenuous.
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@goat7844 From YouTube ↗ 26 Jul 2026 13
No matter The Mass Media says there will always be only one Wall Street and that is in New York City.
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I just left Miami Beach after 14 amazing years. The economy is crashing while rent is increasing
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Miami: NYC prices with Mississippi wages.
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@markets From YouTube ↗ 23 Jul 2026 5
Miami Is Losing Its Claim to a Cheaper Cost of Living Than NYC: bloom.bg/3RTJtlb