Andreessen Horowitz Ditches Miami Two Years After Opening Office

by stanleydrewon 9/4/2024, 1:22 PMwith 5 comments

by WarOnPrivacyon 9/4/2024, 1:41 PM

Florida is 90% RH and in the 90s for most months of the year. Miami gets to stare down hurricanes for some stretch of that - and a lot more storms are Cat 3-5. Recent housing increases (inc ins) moved FL from the lowest quadrant of housing costs to the highest.

Coincidentally, ~2 years seems when move-ins fully realize what they got themselves into. Some can leave at-will and do; some hunker down for a while to reevaluate.

source:early 90s move-in, looking for an exit