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.

  • Wrench@lemmy.world
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    1 year ago

    Yeah… that still seems like some extremely flimsy evidence to base an article on.

    Edit - didn’t notice this was from Newsweek. “Journalism”

    Maybe I should connect them with my local bartender. He’s full of information. Qualification? He talks to people.

    • rchive@lemm.ee
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      1 year ago

      The article also mentions how storms are becoming increasingly deadly, which they’re not, necessarily. It’s so up and down year to year it’s hard to pick out an actual trend.