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16 hours ago, KJP said:

Start of an interesting thread...

I'm not sure why his conclusion is that people are moving back north instead of that the Northeast has continued to not expand its housing supply while Florida has. Obviously domestic migration trends could certainly be starting to change (and the timeframe is too recent to really know either way), but this data could be interpreted several ways (one of which is that we're headed into a recession). Obviously on this forum we want to outbuild housing demand and lower home/rent costs, hopefully that's what happening, but that might be too optimistic. Perhaps it's due to people delaying retirement due to economic uncertainty? Alternatively maybe Florida overbuilt in response to the Pandemic migration rate, it might simply be a minor corrective that will only last a few years before settling back to pre 2019 levels. Basically, I'm wary of drawing too many conclusions from this data

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Florida is on the brink of a massive housing collapse, potentially worse than 2008...The warning signs are everywhere.

Probably from the Baby Boomers dying offs

Florida Man losing the house

5 hours ago, ogibbigo said:

Probably from the Baby Boomers dying offs

This and the insanity with property insurance in Florida right now.

  • 1 month later...

'Rarified air': Homeowners and renters earning millions flocking to Cincinnati

The Cincinnati metro area topped Cleveland and Columbus as the No. 1 destination in Ohio for homebuyers and renters earning at least $1 million a year, according to a new report from RentCafe.

The Cincinnati area saw the number of homeowners with seven-figure incomes jump from 67 in 2019 to 507 in 2023, based on U.S. Census figures reported by the apartment search and housing data analytics firm.

The Cleveland and Columbus areas both trailed Cincinnati with about 360 such homeowners in 2023, according to the report.

https://www.cincinnati.com/story/money/real-estate/2025/06/07/millionaire-hotspots-are-cities-that-attract-a-high-concentration-of-wealthy-individuals-due-to-fact/84007839007/

Columbus needs to focus on this sort of thing, not just blue-collar jobs like it does now. We are going to get the warehouse jobs no matter what, but better-paying jobs are elusive and easy to lose especially if the politicians swarm around any possible loss of blue-collar jobs but shrug their shoulders about office jobs lost to mergers and private equity acquisitions that move jobs to Miami and Atlanta.

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