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Why I moved to Miami

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101–110 of 342 posts

Re: Why I moved to Miami

#101
post #49

Earlier quoted context omitted.

It's pretty common to use the main airport name as a synecdoche referring to the city. I regularly see CPH used instead of Copenhagen, OSL instead of Oslo, BCN for Barcelona, etc. Doesn't work for all cities, of course.

Yeah, but how many people know where ORD is without having to think about it for a minute.

Pretty much everyone who travels often. Oh man, how I hate this airport.

Re: Why I moved to Miami

#102
post #63

It often happens that someone outside new york talks about the amaaaazing food in their city. I used to laugh, or correct them. Nowadays I just feel pity. Nothing compares to the food of new york city. Absolutely nothing. Don't even fucking try. "I live within walking distance of two zagat top 10 rated restaurants." There are sixty restaurants within walking distance of my apartment and they're all better than anythi…

I can honestly tell you that New York City has absolutely zero good tacos though. The ones that exist are sad and laughable things. This alone is reason to leave the city.

Re: Why I moved to Miami

#103

I spent a few years in Texas -- another zero income tax state, before moving back to the Midwest. Something to consider is whether or not you've got kids. Right now my family lives in an affordable neighborhood with a tolerant culture and excellent public schools that my two kids attend. In Texas, it seemed more like getting a good secular education for your kids was something that you had to pay a lot for, one way o…

I can speak for Houston at least. The suburbs (Sugar Land, Katy, etc.) all have pretty good schools, and the homes zoned to them are generally affordable to middle class families ($250-300k is probably the sweet spot).

If you live in an urban inner-city neighborhood, though, then yes, you have to pay an extraordinary amount to get a good education for your kids through private school. On the plus side, Houston has some incredibly strong private high schools (e.g., St. John's School) if you can afford the $20-25k/year tuition on top of the super expensive real estate and the 3% property taxes.

Re: Why I moved to Miami

#104

I'm not sure if others have experienced this, but my brain doesn't function very well in tropical heat and humidity. It just seems to slow down, and mental games don't seem as interesting. It may be that I've been conditioned by many episodes of tropical vacations growing up, but whatever the reason, I can't (and indeed, don't really want to) code below about 30 degrees latitude.

Same here. Heat makes me very irritable.

Re: Why I moved to Miami

#105
post #94

Can someone explain to my why its an advantage to live in a state with zero income tax? Does it really matter how the state makes its money. If it does not come from your paycheck directly they get it other ways. For instance in Florida you pay ~2% property tax on your assessed value and in california you pay ~1% on your purchased value. If you bought property at 500k and its appreciated to 1 million in CA you pay 5k…

Sure, but consider that the majority of people in SF/SV are priced out of the market and are instead renters -- they're getting the worst of both worlds.

But the additional property tax is already built into your rent price and increases?

Re: Why I moved to Miami

#106
I just moved from SF to Miami Beach a month ago. I loved SF but if you have the ability to work from home as I do, financially it does not make sense to stay. I honestly would have preferred to move to Honolulu over here but the only area I liked (Tantalus/roundtop/pacheights) really didn't (at the time) have any nice houses for sale that were under 5 million.

Also, while the cost of living is way down here, so is the income you will get from working a local job. I talked with a few people and there is scant a developer pulling in over 90k here. Compare that to SF where 100k salaries are the norm and it all evens out.

With that said, I like MB/Miami. The tech scene is in its infancy though. I don't believe there is any real institutional venture funds here. Basically, raising a 'A' round is going to be very difficult. You might be able to pull it off with latin american based VC but it will be a struggle.

I will say that the people I have met so far out here have been very nice and welcoming and there is a very good vibe. I am looking forward to building things out here.

Re: Why I moved to Miami

#107

I made the decision a long time ago that people come first. Comparing the people of San Francisco to those of Miami, well, in this case you get what you pay for. I feel like a rock star wild man anywhere else. In San Francisco I feel like I'm surrounded by people smarter, more creative, and better at life than me. That's worth every penny. I'll take a hovel in SF over a mansion in Miami any day. Besides, the defense…

San Francisco attracts people who want to do Big Things. It attracts people with technical and business smarts. I do not think it follows, though, that it attracts people with general life smarts or, as you put it, people who are "better at life." The sort of strike-it-rich personalities that are drawn to the San Francisco gold rush are not always the same personalities that are conducive to good old-fashioned happiness and contentment. And it's certainly going to attract a lot of people who will put work and Big Things over the raising of a family.

Re: Why I moved to Miami

#109

Can someone explain to my why its an advantage to live in a state with zero income tax? Does it really matter how the state makes its money. If it does not come from your paycheck directly they get it other ways. For instance in Florida you pay ~2% property tax on your assessed value and in california you pay ~1% on your purchased value. If you bought property at 500k and its appreciated to 1 million in CA you pay 5k…

The advantage is for high income people, of course. If you make alot of money (or have alot of retirement income coming in) florida kicks ass.

As a simple example:

If you make 1 million a year and live in a 2 million dollar house.

Property tax in Cali : 20k Income tax in Cali : ~65k

Property tax in FL : 40k Income tax in FL: Zero

So in this example, you are 100% better off being in florida.

Re: Why I moved to Miami

#110

Can someone explain to my why its an advantage to live in a state with zero income tax? Does it really matter how the state makes its money. If it does not come from your paycheck directly they get it other ways. For instance in Florida you pay ~2% property tax on your assessed value and in california you pay ~1% on your purchased value. If you bought property at 500k and its appreciated to 1 million in CA you pay 5k…

State sales tax in FLA is %6 currently. Obviously it varies by jurisdiction but thats a pretty good rate for the US. Sales tax == VAT in the EU

San Francisco/CA is 9%
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