The skyrocketing cost of insurance premiums in Florida is leading residents to drop their insurance, consider selling their home, and even move out of the state, according to recent reports.
For years now, the sunny, vibrant state has been a magnetic destination for many Americans—a phenomenon which has been driving up demand for housing, especially during the pandemic, as well as home prices.
But while Florida was the number one state in the country that people moved to in 2022, it was also the one with the highest number of residents wanting to relocate, according to a SelfStorage.
Whatever it takes to finally get people to realize that living in a disaster zone is a terrible idea.
How many more years before all of Earth is a disaster zone?
20
How very optimistic of you.
The old folks home is gonna be lit. Can’t wait.
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All of Earth has always been a disaster zone. Do you realize how incredible it is that we don’t all get eaten by lions every day like our ancestors did? Lol
Depends on how far out the astroid is
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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.
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I’m sure more deregulation is the answer.
Of course it is. Nobody will do business with the shitty roof company that no longer exists ever again. See, the invisible hand works just fine, and might even give you a handjob if you pay it enough.