Many Quebec snowbirds are selling their Florida homes due to high living costs and a weak Canadian dollar
Boynton Beach: A lot of Quebec snowbirds are putting their Florida homes up for sale. They’re feeling the pinch from rising living costs and the weak Canadian dollar.
Jasmin Gosselin, who’s been escaping Quebec winters for over 20 years, is one of them. He loves his condo in Boynton Beach but has decided to sell it.
Gosselin’s not just worried about money; he’s also frustrated with U.S. politics. He feels that President Trump doesn’t respect Canadians or the snowbirds who spend their winters in Florida.
“We help their economy, and he doesn’t appreciate that,” Gosselin shared. He’s not alone in his concerns about rising costs, either.
He and his wife, both in their 70s, are struggling with expenses. Their homeowner association fees have jumped from $500 to $900 a month in just five years.
Insurance and health costs are also adding to their financial stress. But there’s a silver lining for Gosselin: he bought his condo years ago when the U.S. dollar was weaker, so he’ll make a profit when he sells.
With the Canadian dollar now sitting at about $0.70 U.S., it’s a tough spot for many, but it’s a good exchange rate for him.
Real estate broker Alexandra DuPont has noticed more snowbirds selling their homes lately. She’s based in Broward County, a hotspot for Canadians.
“We’re seeing a lot of sellers, but buyers are pretty rare,” she said. The high cost of living is driving many to sell, with everything from insurance to condo fees going up.
While Gosselin hasn’t heard others mention Trump as a reason for leaving, he’s definitely considering other options. “First, we’ll sell, then we’ll see what’s next,” he said.
