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.

  • Hypx@kbin.social
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    1 year ago

    People move to Florida for the same reason why people use to move to California. So you wonder when housing prices will absolutely soar. Also, lack of natural disaster preparedness is something that can’t be ignored in Florida. Deregulation won’t solve that problem.

    • Diplomjodler@feddit.de
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      1 year ago

      But when you have banned all wokeness (whatever that is), surely all problems will be solved?