Better state to be in for CRE long-term: Florida or North Carolina?
Currently live in NC but want to move back to Florida to be closer to my family, who live north of the Palm Beaches.
[{"id": "ifmt954", "text": "Both great states. Florida probably better long term.", "replies": [{"id": "ifn3ics", "text": "Disagree. Nc will appreciate at a greater % rate", "replies": [], "depth": 2}], "depth": 1}, {"id": "ifmuud8", "text": "North Florida should be ok-ish long term. South Florida is a write off. \n\nCoastal, in general, is not good long-term. Short term it\u2019s fine as long as insurance doesn\u2019t recalculate.", "replies": [], "depth": 1}, {"id": "ifn62tl", "text": "I want less competition, so Florida lol", "replies": [], "depth": 1}, {"id": "ifn6sq4", "text": "Calm.", "replies": [], "depth": 1}, {"id": "ifng4ue", "text": "NC", "replies": [], "depth": 1}, {"id": "ifnz6ss", "text": "Atl", "replies": [], "depth": 1}, {"id": "ifopzmc", "text": "Florida gets my vote but only because I am not familiar with the markets in NC. \n\nEdit: btw what are you guys buying out there? Absolute NNN, Multi-Family, multi tenant retail, etc\u2026 I am always very interest in those who buys outside of popular markets", "replies": [], "depth": 1}, {"id": "ifoyqm1", "text": "Florida will be underwater in 50 years.", "replies": [{"id": "ifr857y", "text": "Dont think he'll want to work in 50 years", "replies": [], "depth": 2}], "depth": 1}, {"id": "ifq4slk", "text": "Depends on the city / market.\n2 downsides to Florida is there wind and flood insurance keep going up faster than inflation. Lots of insurers are leaving Florida so people are stuck with the government insurance option.", "replies": [{"id": "ifs8y3g", "text": "Good point. Talked to a cre insurer today. Due to the Surfside catastrophe, and the sentiment of the lenders/insurers, premiums are jumping quite a bit. Lower insurance rates are written into these deals trading at low cap rates, which is worrisome. It's happening in Miami area and will spread to central Florida.", "replies": [], "depth": 2}], "depth": 1}, {"id": "ifq5spb", "text": "Florida. Because even if you end up making a little bit less money, it's always good to be close to family. Life isn't all just about how much money you can make. Quality time with family can never be replaced", "replies": [], "depth": 1}, {"id": "ifr8d5q", "text": "I work in South FL- markets are insane right now as everywhere else. Although Im not so familiar with NC,  but FL is getting major firms from NY and Cali since Covid. It has become the hottest spot.", "replies": [], "depth": 1}]