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Old 10-11-2022, 03:02 PM
 
11,610 posts, read 10,438,435 times
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Quote:
Originally Posted by beach43ofus View Post
Precisely! Florida's real estate & tourism market is like the Energizer Bunny...boom...boom...boom. Sight pullback, follwed by another boom cycle.

Past recoveries didn't happen in a period of Cat 4 or 5 Florida hurricane landfalls every 3-5 years, even as oceans continue to warm. See post 76:

https://www.city-data.com/forum/saras...-growth-8.html


Accelerating ocean sea level rise also wasn't a factor. What happens as Florida's ocean beaches are increasingly diminished and the frequency of sunny day and storm flooding increases significantly? See post 69. Who will pay for the required "resiliency" infrastructure improvements?



https://www.city-data.com/forum/saras...-growth-7.html


Florida's insurance debacle also has not been resolved, and may not be easily resolved. This is another factor weighing on a Florida residential real estate recovery in the aftermath of Hurricane Ian that didn't exist, or exist to the same degree, after past major hurricane landfalls in Florida.

Last edited by WRnative; 10-11-2022 at 03:12 PM..
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