Hey, welcome to the bonus segment for all of our great podcast listeners out there.

Thanks for being with us every week and listening to the bonus segment.

You know, all you hear about is all these people move into Florida, especially older people.

They're moving to Florida.

Everybody's leaving New York.

Everybody's moving to Florida.

Well, if you look at the actual data, people are moving to New York like crazy.

There's a shortage of rental apartments right now.

And even when it comes to condos, co-ops, especially even the high end, there's just as many

closings and contracts being signed and apartments being sold as ever.

And the rental market, that rental markets, that's usually the new people come into town.

People move here. They'll rent for a year and then buy a place. But the rental market is through

the roof. You can't rent an apartment right now in New York. There's very little inventory left.

People are moving here. And look at this big article, New York Times. forget Florida. People are getting older and moving back to

New York from Florida. This is the New York Times here. A growing number of older transplants down in

Florida, older ones, are undeterred by the city's high costs and are coming back.

Now, there's a number of reasons.

In 2023, for instance, now listen to this, 15,000 people, age 65 and up, moved back to New York City, a 40% increase from a few years before.

Older New York transplants came back for a number of reasons. One, and this is a big reason, much better medical care in New York. That's one big

problem down there in Florida. The medical care, the doctors, aren't as good as New York. They're

okay, but nowhere near New York standards.

Now, they're trying to correct that, the big real estate developers, building all those skyscrapers and all that stuff,

...