Very lovely but extremely expensive
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9/14/2005
No matter what cost of living statistics say, housing is still your biggest expense and housing in all of Collier County is extremely expensive. Property has appreciated rapidly and there is now very little that would be considered livable for under $400,000 anyplace in the county. This means that folks who sell probably will have to move to a different area as they probably cannot afford to buy anything comparable. Moreover, they are likely to be subject to the capital gains tax as profits often exceed the $250,000/$500,000 threshold.
Pay is rather low, so teachers, service workers, paraprofessionals, etc. are having to commute increasing distances from communities where they can afford housing.
We're leaving after 21 years.
Zan Mayo | Naples, FL