---
id: "quote-florida-deposit-advantage"
type: "quote"
source_timestamps: ["00:02:18"]
tags: ["financing", "florida"]
related: ["concept-florida-condo-deposit-financing"]
speaker: "Jay Roberts"
speakers: ["Jay Roberts"]
sources: ["jayroberts"]
sourceVaultSlug: "jay-roberts-florida-condo-development-2026Jun25"
originDay: 4
---
# Florida Deposit Advantage

## Quote: Florida Deposit Advantage

**Speaker:** [[entity-jay-roberts]]  
**Timestamp:** 00:02:18

> "There's an advantage to building condos. In Florida, we can use buyer deposits to fund construction. So we get a higher return on invested equity. Like if you go to California, you go to New York, you have to fund all of that equity with your own equity or your investor equity."

### Context

This is the **opening thesis statement** for the entire conversation — it crystallizes the mechanism described in [[concept-florida-condo-deposit-financing]] and the claim in [[claim-florida-roi-advantage]].

### Caveat

The CA/NY framing in this quote should be read as **directionally true but overstated** — see the validation analysis in [[claim-florida-roi-advantage]].