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Obviously woke insurance companies are to blame!

Doesn’t matter to me, they think I live in a third world communist hell hole so they won’t move where I live anyway. Never thought I would say this but… thank you Fox News!

Maybe we can cut the whole peninsula off and refer to it as the Great Castration.

Fucking Aquaman?

To landlords, who will charge arbitrarily high rent, secure in the knowledge that they aren't in a free market due to inelasticity of demand (people can't do without shelter) and supply (there are finite places to live). That will let them pay the insurance premiums homeowners can't afford.

Republicans who want to jerk off to DeSantis and let some racial slurs fly without social opprobrium.

That's who has been moving there since 2020 or so.

I'm sure DeSantis can fix this by just "fighting woke" more, right? /s

Honestly I'm on team insurance in these cases. The US is filthy rich and we have tons of highly habitable land. Why are we wasting resources subsidizing some people choosing to live in comfortable, risky locations?

For those stuck in poverty: that does suck but I consider that an independent issue.

Free hand of the market is giving them an invisible bitchslap.

Soon they'll be "free" from insurance.

Since humans invented math and fossil fuels, this moment was inevitable. The writing has been on the wall in Florida for ten years.

I forgot the actual statistics, but it's something crazy. Like Florida constitutes 8% of the country's homeowners insurance policies, but 80% of all homeowners insurance litigation. Florida real estate is a ponzi scheme now.

They've got miles and miles and miles of roads in Florida lined with 10-million dollar, beachfront houses, all of which will sooner than later be buried under 25 ft of seaweed for the next thousand years. The question is who will be left holding the bag on all that risk?

I'm certain the Republicans in the Florida legislature will let the insurance companies off of the hook before too long here, and will leave working people holding a bunch of worthless real estate, just waiting for climate catastrophe to wipe everything away.

How many more years before all of Earth is a disaster zone?

The current crisis isn't so much about climate change as it is an insurance market so rampant with fraudulent roof damage claims that the market can't bear it. FL legislature tried to correct this but before the law took effect a flood of claims were filed.

Climate change will only make this worse, ofc.

I mean rebuilding houses in regions every 5-20 years was never gonna come out on top.

Negligible.

Iirc Florida passed some kind of law requiring coverage no matter where a structure is. And the only way the companies could make it work was massive premium increases because the places they're being forced to cover literally have to be rebuilt every year. This was after the federal government said it wouldn't offer disaster insurance on those zones anymore.

To be fair to Florida, that condo was built pre-Andrew and they revised their entire building code after Andrew. There aren't too many large building built pre-Andrew anymore because they were all built as cheap as possible to laundrr drug money.

That being said, there are a million reasons why i would never move to Florida, and the only building codes that can prevent your house getting inundated by flood surge is by putting it on stilts, so no shocker that the premiums are skyrocketing. Same with fire insurance in California right now.

You voted for it.. You get what you get, and you don't get upset.

40% of voting Floridians voted against DeSantis, Florida is also the state with the third highest Jewish population, I'm fairly certain that nowhere near all of Florida has "Nazi" politics.

Maybe try not sounding like an ignorant by generalizing the third most populated state, which is also just as mixed as the other three most populated states. You're just sounding like those idiots that bitch about how California is all "liberal" while ignoring the conservative North Cali and all of the Neo-Con enclaves and Nazis in between.

Sure the Florida GOP are pretty much Nazi-lite, but there's a shitload of Florida citizens who are not them and completely disagree with them and are doing what they can to push back against them.

It’s a storage unit company, so presumably they have their own moving service or often connect people with other moving services. They’d be able to see the trend

You don't need to saw it off, climate change should take care of it.