So... February Numbers Are Out.

So.... Broward and Miami-Dade are getting slightly more expensive. That's really the only questionably good news I can pull out of this. Although, maybe this was reflective of the uptick in rates that President Trump stopped at he end of the reporting periods in question, and before the tax exodus from the NorthEast began? To me this just reads as “getting more expensive for new arrivals” but that also means getting more expensive for those staying. I dunno… the more I think about this stuff the more I can see other variables in play. Credit is slightly more expensive and the decreases are marginal so maybe that is part of it? This mentioned nothing about the consumer price index. Macro-economic pressures are not mentioned either. This may lead to my oft-thought contention that SouthFlorida is just saturated an the model is shifting more toward a New York metro-model. Vertical construction with outlying, largely stagnating borougs, and the more I think about this that makes perfect sense. Hopefully that isn’t the case but maybe that opens the door to other opportunities in our state.