If many IB groups and PE firms opened offices in Southern Florida around Miami and other coastal towns, would you prefer to work there or in New York City assuming you had the option to choose which location?
Assume same pay at every level
| +130 | If Tik Tok is forced to sell, what banks do you think would be involved in the deal? | 59 | 1d | |
| +49 | Intern Ettiquette | 14 | 12h | |
| +47 | Ranking banks that went under | 34 | 12h | |
| +39 | Relevance of A-Levels for U.K. London recruiting | 29 | 3m | |
| +39 | Burnt Out M&A ASO | 22 | 1d | |
| +26 | What are hours like at BBs in London? | 48 | 20h | |
| +26 | 2024 new grads who didnt get return offers update | 12 | 20h | |
| +25 | NEED NY RESTAURANT RECOMMENDATIONS | 21 | 1h | |
| +23 | PSA to gymcels: focus on the summer internship | 9 | 1d | |
| +20 | IB Career Guideline | 12 | 1h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Warm weather all year round and lower CoL
or
Freezing cold, rain, slush and snowflake libtards ... tough choices
You get bunch of idiots down in Florida though also food here’s much better.
Sure, that may be a valid point. But NYC isn't exactly an area full of scholars either. While the city likely has a higher concentration of ivy educated folk compared to other cities, 60% of NYC residents don't have a college degree
20% don't even have a high school degree - based on latest census:
https://www.census.gov/quickfacts/fact/table/newyorkcitynewyork/PST0452…
Bruh have you SEEN people in Florida? There’s entire counties you can’t drive through bc you might vanish if you’re not from there, if the goobers don’t get you the alligators will. I like warm weather too but let’s not kid ourselves for a second about the general quality of people in Florida 🤣
EDIT - everyone who threw poo at me for this statement is a butthurt desantis worshipper who can’t stand when Florida gets called on its shit. WHAT A DUMP 🤪
ADDITIONAL EDIT: hoooeeee! All the swamp folks in Florida got butthurt and threw poo! Bring it on, this is my first ‘controversial’ post 🤙
Yea but to be realistic I don't leave west village, soho, Greenwich village, Tribeca and then midtown central business district. The equivalent areas in Miami do not have the same caliber of people
Interesting question, my question is why haven't more companies opened offices down there?
Talent goes where the money goes, not based on geographies
Tell that to Austin lol. Their housing prices are in a free fall but the actual tech talent did not want to go there
Good. Keep the tech libtards out of Texas lmao
Why don't more financial firms open offices there?
I think older folk who run the companies would prefer to stay in the northeast where there's better education for kids. Florida is good in most aspects but lacks good schools for whatever reason, although NYC also lacks good public schools so people send their kids to an expensive private school instead
just send your kids to elite boarding school
Fuck them kids bro
As someone that grew up in SFL, I’d say 6 mos of the year are terrible. Also not a lot to do unless you go to Miami
NYC is great in a lot of ways. But man it would be nicer if it was a warmer weathered areas like FL. Dubai, Miami, HK, Singapore, LA, SD, all very nice places given better weather.
Have you ever been to Dubai in the summer?
Everyone I know in NYC goes through a "I want to move to South Florida" phase each winter and by the time it gets hot and muggy again that idea goes away until next season.
Grass is always greener, I'm from Palm Beach area and people seriously underestimate in how many ways Florida, and the entire south generally sucks. The infrastructure is dog shit, cities are full of weird overpasses and decrepit rail lines that don't go anywhere useful. Tons of wackjobs with guns. I think the sickos living on the street in NYC are smarter than some of the people living low-income in the south. They literally don't even speak comprehensible English. People are all slow as shit and everything takes forever. Waiting in line for 10 minutes to pick up a Zyn while some fat redneck buys lottery tickets is a daily occurrence. The schools absolutely blow. The cities are so small they're like glorified towns. Schools are horrible, floods are frequent (see - shit infrastructure). The bugs that come out in the summer are outrageous. I could go on forever.
Edit: I will add in the south's defense, the women are hotter and more submissive. That much is no question.
Not from there but wondering, why do 3bd homes in Palm Beach cost millions of dollars if it’s that crusty there?
This is a place retirees who can’t survive the winter . and uber rich to legally evade taxes. Hence the abundance of multi million dollar house. The fact is that you can’t even get a decent amount of living space with the same amount of money in NYC. People, diversity, food, entertainment are all much better in NYC.
For the same reason a penthouse in NYC can cost so much while a suburban house 20 miles away is $400k…..they’re hotspots that want to keep the poors out
Think of Palm Beach Island as operating within its own little orbit within Palm Beach County. It is super high-security and has two bridges that can draw up at any point in time in the event that serious crime occurs (Flagler Memorial Bridge and the Royal Palm Way Bridge). There's an additional layer of security given the fact that Mar-a-Lago is over there as well (more towards the south). People that are looking to cause issues know not to go over there. The reason people pay millions of dollars is because of the exclusivity, safety, and limited supply. The crusty areas in Palm Beach County are Riviera Beach and certain areas in West Palm Beach (i.e., North Tamarind, Progressive Northwest, etc.). That said, West Palm Beach still has plenty of nice areas and homes by the intracoastal (El Cid area, others) will frequently go for $10M+.
Second the complaint about the bugs, huge hordes of them and lately they’re spreading dangerous tropical diseases.
Also it’s hot as balls for half the year. It’s real nice flying down to the Keys in February to get some sun but holy fuck it gets old when the heat and humidity are both 100 for weeks on end and it’s not even possible to enjoy being outdoors May-Sept.
Plus the risk of randomly getting eaten by an alligator literally anywhere you go is not even worth bothering with.
One other thing - every dumb asshole really does have a gun. Sounds like fun on paper for the “2nd amendment” incel assholes…until you realize literally any interaction with the public can potentially become a life threatening situation for no reason. Fuck that.
Florida can kiss my ass and the faster the oceans rise and wash it away the better
maybe you could like, be polite and respectful like southerners generally are instead of being a monumental asshole like new yorkers generally are and then you wouldn’t have to fear getting shot?
No normal person is getting into life threatening situations like you suggest. Born and raised in the south with 0 instances of any gun violence witnessed or even heard about from friends/family.
Sounds like you're someone who is crippled by fear - maybe try staying inside for the majority of the day.
Are any people who are actually from SFL able to comment on what it’s like there?
I’ve visited in college with some friends; curious what residents think
Just people doing cosplay
Florida is so trashy though. Why would anyone want to live with a bunch of old fucks, rednecks, and gixxer / busa riders? And Miami is so nouveau it’s hilarious.
Are you from FL? Only traveled there for a few short trips with friends back in uni and found it to be quite nice, trashy areas too but can say the same for ny
I’ll admit I’m biased. I lived in Orlando for 6 months and it was such a shithole. There are some nice parts of Florida but overall it’s a mid-tier state.
As you see more of the state you come to realize you are visiting the nice areas but overall Florida is a dump in a swamp.
Perhaps if I were above 30 as NYC with children becomes extremely tough unless you are absolutely rolling in dough or are willing to stomach a long commute from suburbia. That being said, LA just seems like a much better place than both NYC/MIA:
JFK is pretty nice these days
Lol at all the commenters trying to compare or equate central Florida to southern Florida, as if they’re remotely similar
It’s like saying “well Buffalo NY has lots of crazy people, and their education sucks, so why work in New York City??”
Brainlet comments
Agreed, talk about apples and oranges..
I grew up in FL and there are tons of nice areas here, that’s why so many New Yorkers keep moving here but few people here move to New York. Tons of sub par aspects about the state too, but can say the same about any state
Majority of the geographies in most states are crappy. Florida is a swamp, Cali is a desert, and Texas is Mexico. You choose to go to the nice places rather than the average parts of each state
Exactly, Its like comparing a finance guy in Manhatten to your average joe in upstate new york. Different lives man.
The Canadians have it right. Flee to Florida for the winter. Can't wait to be a snowbird.
New York is nice from April to October, Florida is probably nicer from October to March
Coming from the upper-midwest, NYC weather is amazing by comparison. Except July, sucks worse here because of the garbage and humidity. Usually drier heat in midwest.
Depends on where. Miami is no where near cheap as it used to be. Rent may be a bit cheaper than New York but you’re also driving EVERYWHERE, forget about public transit you’re driving all the time, so you’re gonna add a car in that too. The weather is awful in the summers. It’s absolutely brutal. People are hit or misses you’re going to see a lot of weird people there.
I personally would do it in Tampa or Downtown St. Pete, market hasn’t really been touched yet, and you have an opportunity to buy as well. It’s up-and-coming, whereas miami is sorta priced in a bit and out of reach for many to buy.
how about all of you just stay the fuck out of florida. we don't want any of you losers here. fuck off.
Velit necessitatibus omnis est non. Suscipit voluptate at id quae possimus hic. Architecto velit repellat sit. Perferendis aspernatur sunt et magnam eum quo.
Sit consequatur possimus reiciendis vitae non. Ex natus eveniet accusamus aut praesentium ut voluptatibus sint. Sunt qui dicta praesentium quia error ea.
Sed atque omnis repellendus enim sit. Quidem sint non temporibus placeat eum. Et odit tenetur ad voluptas autem dicta.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Ut est assumenda repellat dicta sed rem dolorum repudiandae. Est placeat nihil dolorem quod consequuntur est molestiae.
Delectus ex dolorem laborum quo. Asperiores corrupti exercitationem laudantium vel voluptatem in omnis deleniti. Illum provident fugit doloribus repellendus cumque et. Molestiae non cum distinctio et iste. Nihil omnis magnam consequuntur autem ullam earum. Omnis a quibusdam nisi molestiae ipsa fugit.
Ut vel repellat veritatis quidem. Est tenetur tempore enim sed rerum.
Inventore error sit sint perferendis quaerat vel veniam nisi. Dolorum harum quos saepe quo. Quam tempora est non dolorem non et impedit. Aut aut aspernatur autem autem soluta.
Accusamus odio distinctio voluptas reprehenderit eius numquam qui. Aut et est ut autem neque reprehenderit.
Qui et debitis voluptatum delectus eum amet ducimus. Perspiciatis porro eius consequuntur tenetur quia ea. Reiciendis et eum quia et dolorum molestias voluptatem.
Aut eaque ut quo sint cum ut maxime pariatur. Cum tempora ab ad qui fugiat. Ipsam consequatur aspernatur et laboriosam illo.