“For us Canadians, it’s a double whammy,” Cedrone said, pointing to a loonie that trades for roughly 69 American cents, on top of rising maintenance costs.

“In Canadian dollars, last week I paid $18 for 18 eggs,” Cedrone said.

“We love this place. But it came to a point now — we are in our 70s — and it’s cheaper for me to come here two months and rent.”

Canadians made up nearly one-quarter of foreign sellers in Florida between April 2023 and March 2024 versus 11 per cent in the same period a year earlier, according to a National Realtors Association report.

  • wholookshere
    link
    fedilink
    arrow-up
    13
    ·
    21 hours ago

    Foreign ownership is just a thing. You don’t need a residence to own anything. Same here in Canada.

    From there, you get 6 months visitors visas every year.