Stephen A. Smith

Jeder Markt, Real estate oder der Markt, der auf Tourismus oder Außerirdischen basiert, wie Florida, ist das nicht. Und lasst mich klar sein. Die Real estate Industrie generiert fast ein Quartal von Floridas ökonomischer Aktivität. Mehr als in jedem anderen Staat. Und es gibt viele Realtors in dem Staat von Florida und besonders in Südflorida. Aber übrigens.

When we say it generates a quarter, this is right from Bloomberg's story, from Michael's story, almost a quarter of Florida's economic activity, I believe that just refers to real estate specifically.

When we say it generates a quarter, this is right from Bloomberg's story, from Michael's story, almost a quarter of Florida's economic activity, I believe that just refers to real estate specifically.

When we say it generates a quarter, this is right from Bloomberg's story, from Michael's story, almost a quarter of Florida's economic activity, I believe that just refers to real estate specifically.

Then you have obviously a domino effect from there, because these people who are buying this property and moving to Miami, what that does for the sales tax base, what that does for local businesses, what that does for... We're bringing people here, growth being sort of our only industry here. If that stops happening, it's not just the real estate industry that collapses. It's every industry.

Then you have obviously a domino effect from there, because these people who are buying this property and moving to Miami, what that does for the sales tax base, what that does for local businesses, what that does for... We're bringing people here, growth being sort of our only industry here. If that stops happening, it's not just the real estate industry that collapses. It's every industry.

Then you have obviously a domino effect from there, because these people who are buying this property and moving to Miami, what that does for the sales tax base, what that does for local businesses, what that does for... We're bringing people here, growth being sort of our only industry here. If that stops happening, it's not just the real estate industry that collapses. It's every industry.

It's real estate. It's hospitality, entertainment, restaurants. It's construction and designing and architecture and all of the businesses that revolve around this. But Michael, get me into the numbers here. What are we seeing decline-wise in Miami? that seems to bear out that we are uniquely f***ed?

It's real estate. It's hospitality, entertainment, restaurants. It's construction and designing and architecture and all of the businesses that revolve around this. But Michael, get me into the numbers here. What are we seeing decline-wise in Miami? that seems to bear out that we are uniquely f***ed?

It's real estate. It's hospitality, entertainment, restaurants. It's construction and designing and architecture and all of the businesses that revolve around this. But Michael, get me into the numbers here. What are we seeing decline-wise in Miami? that seems to bear out that we are uniquely f***ed?

And it's not getting better, I have to think, right? Anecdotally, at least.

And it's not getting better, I have to think, right? Anecdotally, at least.

And it's not getting better, I have to think, right? Anecdotally, at least.

But we may never have that kind of granular data ever. But I will say, you said 17%, it is closer to 18%, because it's like 17.8 or 17.9, which again, six times the national decline. That is in the Miami metro market. A market that has how many real estate agents, Michael?

But we may never have that kind of granular data ever. But I will say, you said 17%, it is closer to 18%, because it's like 17.8 or 17.9, which again, six times the national decline. That is in the Miami metro market. A market that has how many real estate agents, Michael?

But we may never have that kind of granular data ever. But I will say, you said 17%, it is closer to 18%, because it's like 17.8 or 17.9, which again, six times the national decline. That is in the Miami metro market. A market that has how many real estate agents, Michael?

It's still a big number. I remember Peter Zalewski from Condo Vultures had told me, around the time of the Great Recession, 2007, 2008, there was about 20,000 and change registered real estate agents in the state of Florida. And now it's over 60,000. So that is tripled in less than 17, 18 years. It's remarkable.

It's still a big number. I remember Peter Zalewski from Condo Vultures had told me, around the time of the Great Recession, 2007, 2008, there was about 20,000 and change registered real estate agents in the state of Florida. And now it's over 60,000. So that is tripled in less than 17, 18 years. It's remarkable.

It's still a big number. I remember Peter Zalewski from Condo Vultures had told me, around the time of the Great Recession, 2007, 2008, there was about 20,000 and change registered real estate agents in the state of Florida. And now it's over 60,000. So that is tripled in less than 17, 18 years. It's remarkable.

Also we're dealing in a state here where despite growth being like our sole industry and whether that's tourism, whether that's real estate, we have a legislature and a governor, Ron DeSantis, who have been, as you guys put it, augmenting federal immigration efforts with one of the toughest state crackdowns in the nation. Just this past week,