Re:Heaven or High Water – Selling Miami's Last 50 Years
by acdha on Sunday April 07, 2019 @10:09AM
(#19596861)
… as long as you don’t mind losing money on a house, living somewhere the landlord invests nothing in, dealing with accelerated infrastructure collapse and paying higher taxes for reduced public services as all of the mitigation costs tank budgets everywhere. A city with a declining tax base is not business as usual.
People who rent or live in cheap property just move and other people come in. Property values change gentrification happens but that's usual for a big city.
If you move to Miami now and have children, you can raise them in next 20 years and move elsewhere in next 30 years.