Quote:
Originally Posted by 4444
i'll give you a PM, but generally speaking I don't like Miami for the following reasons:
Risk of natural disasters
High unemployment (vs. national average)
You can't easily get to your property, if you wanted to (its an expensive & long flight)
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These 3 points are bang on. Let's start with the last one. There is no direct flight from YVR to Miami. You will have to make it a connecting flight or from a direct flight from Seattle. And once on the plane, it is around a 6 hour flight.
Miami is like LA. Some of the richer parts of town are booming, but then there is a lot of boarded up buildings. Just outside of Downtown Miami, there are some of the sketchier neighborhoods, similar to Compton.
If you go to South Beach and take a stroll down A1A (Beach front ave... Ice Ice baby) you will see a lot and I mean a lot of beach front property that is boarded up Slum Dog Millionaire style.
Mind you, I have a theory that South Beach is actually picking up again since many Americans are scared to travel to Mexico due to all the crime, but this is just my theory.
Now we come to the first point. Miami is in a high hurricane area. For 6 months of the year, there is high risk of hurricane caused damages. IIRC, you cannot buy hurricane/flood insurance. And Property tax is quite high too.