I wonder if they’re going to be pulling back in other areas around the country like SoCal after all the landslides they’ve had these last few weeks. Rolling Hills area has been hard hit, along with the Hollywood Hills.
www.cbsnews.com
I e heard this stat a lot lately, inflation is double the national average in Florida. Housing prices are a driver, but insurance isn’t helping.
It seems like something had to give. I wonder if first time buyers moving to Florida pay much attention to rising insurance rates, or research what’s going on?
Inflation is plunging across the U.S., but not for residents of this Southern state
Prices remain stubbornly high in one part of the country, driven by high housing costs and an influx of new residents.
Not defending anyone from anything…..but exactly, How is it the gov’s responsibility to keep the insurance company profitable or protect his state’s homeowners from impending natural/financial disasters?
Where did I say it’s the governors responsibility? I just said he has a shitshow on his hands coming. There is no good answer to this problem. If you live in Florida, Hurricanes are part of the deal.
He dEOs…but the shitshoiw is really nothing to do with him….but it does involve the “private sector”……and that is where the story needs to be……I think its nuts that he is using state officer holders to threaten “private businesses” for doing what they do……make and maintain profits. It’s inevitable that businesses are not going to continue to underwrite bad state and local government decisions of where to build in relation to water…and hurricanes. However, I dont think DeSantis….or any governmental official has the balls to do what’s right and update and change building codes…..Republican love to harass Californians for building homes in the woods and insisting on maintaining a “natural” look and then complaining when they burn up, well……Building homes and condos within 6 blocks of the seashore in Florida and long the Gulf and Atlantic coasts might be just as stupid.
You might not like her politics but @goldmom knows her shit on this subject.
The thing is…where you live makes all the difference with insurance here. My daughter just bought a house in crestview which is around 30 miles north of Destin. Their homeowners insurance is reasonable.I e heard this stat a lot lately, inflation is double the national average in Florida. Housing prices are a driver, but insurance isn’t helping.
It seems like something had to give. I wonder if first time buyers moving to Florida pay much attention to rising insurance rates, or research what’s going on?
Inflation is plunging across the U.S., but not for residents of this Southern state
Prices remain stubbornly high in one part of the country, driven by high housing costs and an influx of new residents.
Better than Newsom handling Aetna and State Farm leaving Cali?
Yes, location does make a big difference, but 30 miles from the coast is not that far. When Hurricane Michael hit Mexico Beach several years ago, it stayed a category 4 well past 30 miles inland. This is the new reality we are dealing with. How much is your daughter paying and what is the value of her house?
Apparently Newsom has handled things better. And, he hasn’t gone beta on the campaign trail, either.
You’re about to get a patented Goldmom zinger calling you a Florida wannabe.
This. And Mexico Beach was very nearly wiped out. It’s just a small out of the way place we Floridians don’t want outsiders to know about.
No doubt that the area that usually receives the worst damage from a Hurricane is the coastal area (a combination of storm surge and wind). However, it is "new" that Hurricanes are staying more intense further inland than they have been historically. Hurricane Michael left considerable damage up to about 70 miles north of Mexico Beach. The only saving grace is that this area is mostly rural with a few small towns, so the number of people affected was not large. Also, while inland areas do not have to deal with storm surges, flooding from rainwater can be a big problem (remember Houston several years ago, parts of Florida last year from Hurricane Ian). While the coastal areas are going to pay higher premiums, the inland homeowners are being hit pretty hard also.
The biggest issue with Mexico Beach is that there is no dune to absorb some of the surge like most beaches. The bottom floor of the condo I built on the coast there is all parking. It was 75% filled with sand.
If you drove through the area north of Mexico Beach, Apalachicola, etc along I-10 near Marianna and you were a Floridian who was somewhat familiar with the area you couldn’t help but be shocked at the number of huge trees that were snapped off like matchsticks and the highway signs that were twisted completely around like they were plastic.
Maybe just skip over the thread next time instead of attention whoring.
