Valuetainment "NYC Exodus COMING" - Miami Realtors SOUND ALARM As Thousands Flee Over Mamdani’s Win
Nov 6, 2025
Miami realtors are targeting wealthy New Yorkers as crime and taxes drive them south. The team debates whether this exodus will significantly impact Florida's real estate market. Concerns about safety are highlighted as a primary motivator for relocation. They compare current migration trends to those seen during the pandemic and caution that an influx of newcomers may worsen housing affordability. Finally, listeners are encouraged to plan for future market uncertainties, making the conversation both timely and engaging.
AI Snips
Chapters
Transcript
Episode notes
Miami Courting Wealthy New Yorkers
- Miami developers are actively marketing to wealthy New Yorkers worried about Zohran Mamdani's policies.
- Public figures like Bill Ackman predict an exodus of companies and individuals from NYC if Mamdani gains power.
Taxes And Safety Drive Migration
- Tom Ellsworth argues taxes and crime are primary drivers for migration from NYC to Florida.
- He expects initial moves to stabilize Florida prices, with potential for larger gains if the trend continues.
U-Haul Trucks Signaled Past Migration
- Patrick Bet-David references past U-Haul data showing migration waves into Texas as an example of mass relocations.
- He uses that example to argue a first wave of New Yorkers will likely move to Florida if policies change.