The ultra-rich enclave of Indian Creek Village in Florida has become a focal point for the significant migration of wealth to South Florida, leading to soaring home prices and a growing divide between the elite and others.
The influx of the top 0.0001% has transformed the region, with Jeff Bezos’ recent acquisitions exemplifying the trend.
The island’s exclusivity is evident through the astronomical prices for custom-built mansions and the displacement of the merely affluent by the fabulously wealthy. (Trending: Fauci’s Ex-Boss Admits The Truth About COVID)
The area’s privacy, small population, and the significant wealth required to reside there further underscore its exclusive nature.
“Florida has always been infamous for gated communities,” said Richard Florida.
“What is new is the massive infusion of the top 0.0001% in and around Miami.”
“This is all post-Covid, and it was actually quite different before,” real estate broker Dina Goldentayer said. Less than ten years ago, “there would be five or six listings at the same time and $20 million was a big sale.”
“In other neighborhoods, I can come in if I want to serve you papers or harass you or take photographs of you,” said Architect Kobi Karp.
“Some people don’t like that at all.”
“Only the very wealthy, the billionaires,” can purchase homes in Indian Creek, said historian Paul George.
“Hundreds of millions aren’t gonna cut it anymore.”
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