Florida's Housing Boom is Becoming a Bust as People Are Fleeing the State

 Below is a link to a Breaking Points' video on how the Florida's housing boom is unraveling and people are leaving the state. The report noted that;

--There's a dearth of buyers, with several listings on the market for some time have seen no lookers.

--Large institutions have turned to sellers.

--Insurance has jumped 400% in the last five years.

--Insurers have been leaving in droves.

--The Lender of Last Resort, or Support in this case, that is meant to support the Florida home owners insurance market is floundering and in trouble.

They paint a bleak picture, that has only been exasperated by two major hurricanes in the last few months.

I have been writing about climate migration, on how people will begin to leave southern climes in favor of the north. I even wrote an article  for the March/April issue  Life In the Finger Lakes. It was a followup to a blog post I did for them five years earlier.

I have several posts on Climate Migration