6 ms·
Seems short-sighted by the investment firms. They aren’t just competing with other Florida firms, they are competing with NYC and London and Hong Kong. Why woul
by bitcurious 1y ago
Seems short-sighted by the investment firms. They aren’t just competing with other Florida firms, they are competing with NYC and London and Hong Kong. Why would top talent move there?
- djfivyvusn 1y agoWeather
- 0cf8612b2e1e 1y agoYou mean increasingly severe hurricanes?
- djfivyvusn 1y agoWin some lose some.
- 0xcafefood 1y agoThose seem to hit NYC now too. Not as often, but it's also less prepared for them when they do.
- wil421 1y agoI’ll take a chance of a Hurricane every couple decades vs a single season of snow.
- lupusreal 1y agoPersonally I'd take 10 feet of snow year round over a single week of Florida's muggy heat. I get that old people like it because they're always cold, but why anybody young lives anywhere in Florida, besides maybe Miami, is completely beyond my comprehension.
- danans 1y ago> I get that old people like it because they're always cold, but why anybody young lives anywhere in Florida, besides maybe Miami, is completely beyond my comprehension. To get jobs tending to those (often well-off) old people. It's not for nothing that Florida is a top destination for pharmacy grads.
- howard941 1y agoYou'll actually be taking your chance with a couple of major hurricanes every year.
- babelfish 1y ago• Hurricane Gabrielle (2001) – Venice, Category 1 • Hurricane Charley (2004) – Punta Gorda, Category 4 • Hurricane Frances (2004) – Hutchinson Island, Category 2 • Hurricane Ivan (2004) – Near Pensacola, Category 3 • Hurricane Jeanne (2004) – Stuart (Hutchinson Island), Category 3 • Hurricane Dennis (2005) – Near Pensacola, Category 3 • Hurricane Katrina (2005) – South Florida, Category 1 • Hurricane Wilma (2005) – Cape Romano, Category 3 • Hurricane Hermine (2016) – Alligator Point, Category 1 • Hurricane Irma (2017) – Cudjoe Key and Marco Island, Category 4 • Hurricane Michael (2018) – Mexico Beach, Category 5 • Hurricane Ian (2022) – Cayo Costa / Fort Myers area, Category 4 • Hurricane Nicole (2022) – Vero Beach, Category 1 • Hurricane Idalia (2023) – Keaton Beach (Big Bend region), Category 3 • Hurricane Debby (2024) – Steinhatchee, Category 1 • Hurricane Helene (2024) – Aucilla River mouth near Perry, Category 4 • Hurricane Milton (2024) – Siesta Key, Category 3
- wil421 1y agoOnly one of those hit the area my family has a vacation home in the past 40 years. There was another big one in the 90s. So 2 times in 50 years and both were not catastrophic.
- deleted 1y ago[deleted]
- 0cf8612b2e1e 1y agoFlorida is only the region directly surrounding your vacation home?
- wil421 1y agoNot sure what you mean. The GP listed out a bunch of hurricanes since 2000. Only one of those hit the panhandle in a way that was slightly impactful to my families vacation home(s). 2 storms in 50 years isnt enough to say I wouldn’t live there because of storms. Insurance costs might scare me away more than the chance of a storm.
- lupusreal 1y ago
- flkiwi 1y agoIt's funny: I lived in a state with similar weather (hotter at the hottest, colder during the winter, but on balance similar humidity and climate generally) but fewer imports from NY/NJ/CA/etc., and we were outside all the time enjoying it. In Florida, everyone spends time inside with the AC set to 64 degrees and complains endlessly about the heat. It's odd to see: a bunch of folks move to "Endless Summer!" and then ... stay inside all the time. I'll happily march around outside on a 100-degree day while my NY colleagues absolutely refuse to.
- roxolotl 1y agoAs someone who lives in the NYC area it’s always entertaining to me when I go to Florida and see how low they set the AC. Basically every house from before 2010 doesn’t have AC in the NYC area. I’m currently working in an office that’s 85 and it’ll hit mid 90s before the end of the day. Climate acclimation is pretty neat.
- flkiwi 1y agoI have never been so cold, so very cold to my bones, as when I walk into a Florida Five Guys. I need a fleece just to get a hot dog.
- WarOnPrivacy 1y ago> I have never been so cold, so very cold to my bones, as when I walk into a Florida Five Guys. Funny. I said the same exact thing when I first moved to FL (except inside everywhere). Now I stay inside most of the time because there is little joy to be had when dew points push 85°F.
- IncreasePosts 1y agoFlorida has endless summers, but they're in winter
- somat 1y agoI am from the California desert with family in Florida and 100 degree here is almost nothing, back east it is pure misery. As bonus the dry desert air retains heat poorly so it is always cool at night. The humidity there tends to keep it hot all night. Now having said that, I do note how much they complain how dry it is here, so perhaps it is what you are used to.
- WarOnPrivacy 1y ago>> Why would top talent move there? > Weather The manufactured perception of weather, really. What folks discover after moving to FL: Florida has 6 or 8 seasons and none of them resemble fall, winter or spring. The 13th month of summer is the worst. In Oct, trees finally succumb to heat stroke and drop their leaves. Hurricanes are much better than summer except for a few hours. Rainfall doesn't stick around; drought begins when rain stops. Drought season varies between 15 min and 15 years. Wildfire seasons vary from all day to world class. The least-hot months get warmer every decade.¹ The other months probably are too. At night, the dew point can plunge to 85°. Sweat is your constant companion but so is sand. Schools cleverly time summer break between May (Hell) & Aug (also Hell). Source: 30yrs of FL survivorship. ¹ https://www.currentresults.com/Yearly-Weather/USA/FL/Tampa/extreme-annual-tampa-low-temperature.php https://www.currentresults.com/Yearly-Weather/USA/FL/Tampa/e...
- zamalek 1y agoHurricanes are only going to keep getting worse too.
- WarOnPrivacy 1y agoAbsolutely. When I moved here, Cat 5s where once in a generation. I traveled for hurricane relief trips 1 year out of 4. Now we sport multiple Cat 5 in a month. Every year we have our pick of hurricane relief opportunities, some are minutes away.
- eikenberry 1y agoLol... Florida has some of the worse weather in the US. The winters can be nice but it has incredibly hot/humid summers. Miserable. It's why all the snow birds leave early spring and come back in the winter. I'd take a winter in North Dakota vs a summer in Florida any day.
- const_cast 1y agoBut the weather is ass. I live in Texas, and I often hear about people moving here for the weather. And I can't help but think... why? I've been to NYC, the weather is better. Yes, the cold is inconvenient. But the heat is debilitating. I can wear a coat and boots and go outside in the north, but you can't do jack shit about the heat. I mean, we get 6 months of summer in Texas. You can't do anything. Forget physical activities like golfing or jogging, even going to the grocery store practically saps all your will to live right out of your body.
- lokar 1y agoTaxes
- flkiwi 1y agoOffset by exceptionally high fees, insurance rates, etc. The taxes argument is generally a benefit only for the owners (which may well have been your point).
- lokar 1y ago7 figure comps are pretty common, compared to NYC rates that’s a real difference.
- flkiwi 1y agoBut the admins, marketing team, junior employees, etc. get screwed, and the worst part is they are genuinely not expecting it. "I thought it was going to be cheaper to live here than NYC" is something I hear _weekly_.
- lokar 1y agoAbsolutely. But the mgmt does not really care about them, they can just hire locals. They only care about “top talent”, something they talk about all the time…
- flkiwi 1y agoThey can hire locals ... until they find out that the talent they genuinely need isn't here in the numbers they require, either driving up their costs or requiring importing people. But they're drooling about replacing all of those troublesome nobodies--their perspective--with AI ASAP anyway.
- 0xcafefood 1y agoFlorida's Homestead Law also exempts one's primary residence from being taken to pay creditors.