[Sunshine Rules]

Per the Palm Beach Post, more than 547,000 people exchanged out-of-state driver’s licenses last year for ones with Sunshine State addresses.

That’s a 40% increase from 2020 and nearly 20% greater than the five-year average between 2017 and 2021.

The license swaps are largely from New York (11%), New Jersey (6%) and foreign countries (14%).

[Ghaati]

Originally Posted by Sunshine Rules

Per the Palm Beach Post, more than 547,000 people exchanged out-of-state driver’s licenses last year for ones with Sunshine State addresses.

That’s a 40% increase from 2020 and nearly 20% greater than the five-year average between 2017 and 2021.

The license swaps are largely from New York (11%), New Jersey (6%) and foreign countries (14%).

Of course they did. They get the homestead exemption and insurance and registration costs for their vehicles. Many of these are "snowbirds" - people who own properties in Florida AND their home state. Mostly retirees. As long as they are planning on living in their Florida residence as their primary residence, they get those breaks. If you do that, you also have to get a Florida drivers' license, in order to drive legally in the state if you live in it more than 3 months out of the year (which you have to do, in order to get that homestead break). But no, many of these people are not moving to Florida. This is just their winter home. They still have their home up north.

A lot of these are the end of the baby-boomers, finally retiring to Florida. Just like every generation has people retiring to Florida. This year - the people turning 65 are part of the last wave of baby boomers. You could've put this on your schedule back in the 1960's when the final count of the generation came in.

I think also maybe you don't know what the word "largely" means. If New York is 11%, Jersey is 6%, and foreign countries are 14% - then that's 31%. This means that 69% are from anywhere OTHER than NY, NJ, or foreign countries (which is to say - 69% are from other parts of the USA).

[kidyankee764]

Originally Posted by Ghaati

I think also maybe you don't know what the word "largely" means. If New York is 11%, Jersey is 6%, and foreign countries are 14% - then that's 31%. This means that 69% are from anywhere OTHER than NY, NJ, or foreign countries (which is to say - 69% are from other parts of the USA).

17% being from one metro area (greater NYC) is huge. And that doesn’t even include Connecticut.

[City Guy997S]

Originally Posted by sinatras

No matter how much everyone wants to bash NY (and CA for that matter), they BOTH beat Florida when it comes to desirability (the places where people are willing to pay the most $$$$ to live).

They both remain the top two states in the country in terms of where people are willing to pay MAJOR $$$$ to live.

https://www.cnbc.com/2022/11/12/most...in-the-us.html

define "want" to live: Atherton is tech capital of the world and 7000 residents, Sagaponack is a vacation spot with 582 residents of the town. I think quoting those two places as the most desirable considering 7600 people total live there is not exactly accurate. They are relatively small areas that extremely wealthy people have bought homes in. If you don't work in tech, there is no way Atherton is #1 on your list.

3rd place was Fisher Island on your list.......its essentially a private island off the mainland Miami. Again 647 people live there. Its spot was simply bases on a few high sales, not desirability.


A more accurate way to see desirable places is what states have the biggest inflows of new people. HINT it isnt' NY or CA.

1. Texas
2. FL
3. SC
4. NC
5. GA
https://www.forbes.com/home-improvem...ll%20in%202021.

[City Guy997S]

Originally Posted by Ghaati

Of course they did. They get the homestead exemption and insurance and registration costs for their vehicles. Many of these are "snowbirds" - people who own properties in Florida AND their home state. Mostly retirees. As long as they are planning on living in their Florida residence as their primary residence, they get those breaks. If you do that, you also have to get a Florida drivers' license, in order to drive legally in the state if you live in it more than 3 months out of the year (which you have to do, in order to get that homestead break). But no, many of these people are not moving to Florida. This is just their winter home. They still have their home up north.

A lot of these are the end of the baby-boomers, finally retiring to Florida. Just like every generation has people retiring to Florida. This year - the people turning 65 are part of the last wave of baby boomers. You could've put this on your schedule back in the 1960's when the final count of the generation came in.

I think also maybe you don't know what the word "largely" means. If New York is 11%, Jersey is 6%, and foreign countries are 14% - then that's 31%. This means that 69% are from anywhere OTHER than NY, NJ, or foreign countries (which is to say - 69% are from other parts of the USA).

Ive met a ton of NY/NJ transplants that have no plans on returning, more now than any time I can recall. Covid got them thinking a new way. Hedge fund guys like Pepper/Griffin/Icahn have moved their organizations to S. Florida. Imagine what NY lost in taxes with Pepper/Icahn moving, them and their whole support organization.......20-30-50?!?!? highly paid execs for each? Griffin came out of Chicago, same deal.

I did have a neighbor sell after playing snowbird for 15 yrs and go back to NYC. They sold the house in one day for 2.25mm (tripling their money). They were getting older, looking to cash in and ditch the country club expenses since they weren't playing golf/tennis like they used to. They were officially FL residents for those 15 years but I think since their families were up north, grandkids are older/no more annual trips to Florida like they used to when the kids were little I think they felt like they were missing something.

Massachusetts just passed a "millionaires tax" on anyone making over 1mm (including selling real estate). How long before those folks move 40 miles N of Boston to NH and dodge the regular income tax AND the new tax?

[sinatras]

Originally Posted by City Guy997S

define "want" to live: Atherton is tech capital of the world and 7000 residents, Sagaponack is a vacation spot with 582 residents of the town. I think quoting those two places as the most desirable considering 7600 people total live there is not exactly accurate. They are relatively small areas that extremely wealthy people have bought homes in. If you don't work in tech, there is no way Atherton is #1 on your list.

3rd place was Fisher Island on your list.......its essentially a private island off the mainland Miami. Again 647 people live there. Its spot was simply bases on a few high sales, not desirability.


A more accurate way to see desirable places is what states have the biggest inflows of new people. HINT it isnt' NY or CA.

1. Texas
2. FL
3. SC
4. NC
5. GA
https://www.forbes.com/home-improvem...ll%20in%202021.

Supply and demand, my friend. Supply and demand!

[912904]

Originally Posted by City Guy997S

Massachusetts just passed a "millionaires tax" on anyone making over 1mm (including selling real estate). How long before those folks move 40 miles N of Boston to NH and dodge the regular income tax AND the new tax?

But this is what they (Mass holes) voted for! Why elect people who hold the same values that you hold, then move to get away from the consequences?

[NearFantastica]

Most of the people moving to Florida are from the South, Northeast, and Midwest. West coast people for the most part avoid Florida due to the huge social and cultural differences. When it comes to foreign countries, most moving to Florida are from Latin America, Eastern Europe, and Israel

[Corrie22]

July 10, 2022
States sending the most people to Florida

#1. New York
- Moved from New York to Florida in 2019: 57,488
--- 9.6% of new residents that moved from another state
--- #2 most common destination from New York

#5. California
- Moved from California to Florida in 2019: 28,628
--- 4.8% of new residents that moved from another state
--- #7 most common destination from California

https://stacker.com/florida/states-s...people-florida

[NearFantastica]

Originally Posted by Corrie22

July 10, 2022
States sending the most people to Florida

#1. New York
- Moved from New York to Florida in 2019: 57,488
--- 9.6% of new residents that moved from another state
--- #2 most common destination from New York

#5. California
- Moved from California to Florida in 2019: 28,628
--- 4.8% of new residents that moved from another state
--- #7 most common destination from California

https://stacker.com/florida/states-s...people-florida

I wonder how many of those Californians moving to Florida are former Floridians who went to college on the west coast and are returning home.