Florida Real Estate Faces Climate Crisis: Coastal Condos Losing Value
Doug McIntyre and David Callaway discuss the real estate market in Florida, highlighting a significant drop in condominium prices. Historically, people have preferred living along the coastlines, but now there’s a noticeable decline in property values, especially in Miami. They attribute this to the increasing frequency and severity of hurricanes, which could further depress the market. This trend signifies a broader impact of climate change on real estate and housing markets, making it a recurring topic for future discussions.
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