That Wall St exodus to FL? Guess what...🤣 (Bloomberg)

[nolabear]

I don’t know what they thought they were getting but Florida ain’t NYC.

“Only a small percentage of Manhattanites moved permanently to Florida last year. And as vaccinations stir fresh hope that the pandemic’s end is near, ebullient talk of South Florida drawing Wall Streeters en masse is already beginning to fizzle.”



https://apple.news/ABrp4A_XrT1a9xvqTa3HUYQ

[BeyondGeography]

1. Which is why Trump lives in Florida...

“The main problem with moving to Florida is that you have to live in Florida,” said Jason Mudrick, who oversees $3 billion at Mudrick Capital Management and has resided in Manhattan for more than two decades.

“New York has the smartest, most driven people, the best culture, the best restaurants and the best theaters,” he said. “Anyone moving to Florida to save a little money loses out on all of that.”

[stillcool]

2. snow birds...

it's time for them to come back north. They invaded the Hampton this winter, which is weirder than hightailing it to Florida.