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Originally Posted by marothisu
Just curious - any specific reason why your family is following you?
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The principal reasons are affordable housing and city amenities. The pandemic and housing appreciation made it reasonable
For my father, the pandemic completely disrupted his career (International convention sales especially in Europe and Asia) - and South Florida is a very limited place for business contacts who are not from New York or South America. United Airlines direct flights are annoyingly expensive for a middle-class professional, and connecting flights frequently go through O’Hare anyway.
(It did not help that his house has been burglarized in Florida during international trips, so living close to me is a big security benefit for the property.)
So the Florida house was sold and Chicago property purchased in full, and my grandmother followed also as she needs more assistance from family nowadays.
My Mom is in Central Florida (Ocala) and the maintenance, utility and insurance costs of the house in Florida are at a breaking point (There’s a snowballing homeowners insurance crisis —
https://www.bankrate.com/insurance/h...urance-crisis/)
She wants a small apartment or condo so she doesn’t have to deal with this and just wind down before retirement. The Chicago area is the only one that has major cultural amenities (like theater), decent access to lakes and forests, and new apartments that don’t kill the bank.
My youngest brother is still a teenager so he’ll be coming too.