00:00 Speaker A <\/p>\n
Miami, New York, one of the great rivalries of the last decade. and I say that because like, I don’t know about you guys, but um just anecdotally, I know quite a people who few people who have moved to Miami. <\/p>\n
00:08 Speaker B <\/p>\n
As do I. <\/p>\n
00:09 Speaker A <\/p>\n
And then like, you know, and then you got the people who have the, you know, people who are out normal people out in the world probably don’t know this, but very wealthy people, if they are spending time in very at their homes in various states, they have to track their whereabouts on an app to make sure that they are paying taxes close <\/p>\n
00:26 Speaker C <\/p>\n
Yes. <\/p>\n
00:27 Speaker A <\/p>\n
in the <\/p>\n
00:27 Speaker C <\/p>\n
In the correct proportion. Yeah you have X days you’ve got to pay taxes. <\/p>\n
00:29 Speaker A <\/p>\n
Right you think it’s amazing. Bloomberg loves their tax money. <\/p>\n
00:32 Speaker A <\/p>\n
Right. But Bloomberg is out with a story saying the cost of living in Miami has surpassed that of New York. So like, haha to all those people. <\/p>\n
00:41 Speaker C <\/p>\n
You can’t make the it’s cheaper argument. <\/p>\n
00:43 Speaker A <\/p>\n
You can anymore. You can no longer make the it’s cheaper. Now, if you’re super rich, if you’re the Ken Grivens of the world, <\/p>\n
00:50 Speaker C <\/p>\n
You’re Kenny G. <\/p>\n
00:50 Speaker A <\/p>\n
I mean, he got enough, you know, you maybe maybe on that, you know, they’re not price sensitive and it’s also ideological. They want to be in a state that doesn’t um charge income tax. <\/p>\n
00:58 Speaker B <\/p>\n
That’s right. <\/p>\n
00:59 Speaker A <\/p>\n
But when you add up all the other stuff, when you add up the private school, when you add up real estate, which has gone up a lot in Florida. When you add up insurance, which is the highest in the country, um and I like I gloat a little bit, sorry because like I think New York is amazing and I’m not a huge fan of living in Miami. Sorry to the people I know who live in Miami. Um, you know, so I think this is sort of fascinating that this is happening. I don’t know. <\/p>\n
1:12 Speaker B <\/p>\n
I I still don’t believe. I don’t know why. I know the numbers, I read the article. like I it still seems to me like New York is so outrageously expensive. Um <\/p>\n
1:18 Speaker A <\/p>\n
Have you spent a lot of time in Miami? <\/p>\n
1:20 Speaker B <\/p>\n
I have. I guess it depends where you are in Miami too, right? <\/p>\n
1:21 Speaker C <\/p>\n
Yes to be very, very clear. <\/p>\n
1:22 Speaker B <\/p>\n
Like if you’re in the hottest parts of Miami, right, it’s it’s it is mind-blowing how expensive it’s become. But when you still look at like per square foot, <\/p>\n
1:27 Speaker C <\/p>\n
Sure. <\/p>\n
1:27 Speaker B <\/p>\n
what is it like 300 the median’s like $329 a square foot versus New York’s $580 a square foot. So I think <\/p>\n
1:32 Speaker A <\/p>\n
Yeah. <\/p>\n
1:32 Speaker B <\/p>\n
But if you want to live in Coral Gables or like some of the other hot areas, it’s the the homes are are crazy in those areas. <\/p>\n
1:39 Speaker C <\/p>\n
If you want the waterfront mansion, you’re going to pay your $50 million for it, of course. <\/p>\n
1:43 Speaker A <\/p>\n
Yeah. Of course. <\/p>\n
1:44 Speaker C <\/p>\n
Yeah, which I’ve been contemplating. Yeah, but But I think even if you, you know, and property taxes according to that article are up 62% since 2019. <\/p>\n","protected":false},"excerpt":{"rendered":"00:00 Speaker A Miami, New York, one of the great rivalries of the last decade. and I say…\n","protected":false},"author":2,"featured_media":348235,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[8373,142537,142536,123,125,124,14592,142538],"class_list":["post-348234","post","type-post","status-publish","format-standard","has-post-thumbnail","category-miami","tag-cost-of-living","tag-jake-conley","tag-julie-hyman","tag-miami","tag-miami-headlines","tag-miami-news","tag-new-york-city","tag-ryan-payne"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/348234","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=348234"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/348234\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/348235"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=348234"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=348234"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=348234"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}