A Bubble soon to Burst? Naples and Miami Real Estate Booms Despite Climate Risks

Naples and Miami have led U.S. markets in home price growth over the last five years, despite facing increasing climate-related risks. Doug McIntyre highlights that warm weather and low taxes continue to attract residents, but experts like Robert V. Jones warn of a potential downturn. Rising insurance costs and the risk of outward migration could cause a steep drop in property values. The next two years will determine if the boom trend persists or if climate risks finally impact these flourishing markets.