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by ineedaj0b 653 days ago
Anecdotally, I can say in Florida it’s people renting them out and not living in them. The locals are priced out.

I can afford it, but non tech/banking (the normal people) have moved inland to much worse spots. I only have 2 live-in neighbors on my floor of 8 units; the rest is Airbnb/Some guy who bought the unit to ‘invest’.

I talk with the owners because they occasionally need my physical presence to do something. But all these units would have been families - like they were in the early 2010s.