>Florida’s explosion in insurance premiums threatens to ground the state’s highflying housing market
I looked up the place on a map, people now alive now will see that area underwater. So no wonder insurance rates are raising. To me, Florida is the very last place to buy a house in the US if you want the value of it to pass to your Children or Grandchildren.
It is already known at some point in the future, 80% of the state will be ocean. It is just a matter of when, and with how things are going, the "when" is arriving faster.
I looked up the place on a map, people now alive now will see that area underwater. So no wonder insurance rates are raising. To me, Florida is the very last place to buy a house in the US if you want the value of it to pass to your Children or Grandchildren.
It is already known at some point in the future, 80% of the state will be ocean. It is just a matter of when, and with how things are going, the "when" is arriving faster.