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Andreessen Horowitz Ditches Miami Two Years After Opening Office

9 points| stanleydrew | 1 year ago |bloomberg.com

5 comments

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WarOnPrivacy|1 year ago

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

smcin|1 year ago

"90% RH" = Relative Humidity. If you live in California you wouldn't even recognize that acronym regularly.

As to disruption by possible hurricanes, can you break that down to how much disruption x how many days/yr? How long is the airport closed for? freeways? electricity? etc. AFAIK the Miami metro averages one hurricane within 50 miles every 6-8 years. I don't see that's much different to the effect of winter storm disruption in the northeast.