Home buyers flock to Florida cities devastated by Hurricane Ian

Leaving morality etc aside looking at weather patterns and how over extreme weather events will increase is it really a good investment?

&gt; Federal Support for Hurricane Ian Recovery Climbs Past $1.2 Billion, FEMA Provides Over $581 Million in Individual Assistance to Jumpstart Survivor Recovery<p><a href="https:&#x2F;&#x2F;www.fema.gov&#x2F;press-release&#x2F;20221022&#x2F;federal-support-hurricane-ian-recovery-climbs-past-12-billion-fema-provides" rel="nofollow">https:&#x2F;&#x2F;www.fema.gov&#x2F;press-release&#x2F;20221022&#x2F;federal-support-...</a>

1) Build shoddy Potemkin house. 2) Overinsure. 3) Hurricane. 4) Profit!

My brother-in-law has a great quote:<p>&quot;There could be another 9&#x2F;11 in NYC and people would rush in and buy property around wherever the incident occurred. Why? Everyone saw how Tribeca turned into one of the hottest neighborhoods less than 10 years after 9&#x2F;11&quot;<p>NOTE: For those not familiar with New York City, Tribeca was the area just north of Ground Zero.

The hurricane went straight over our head and we didn’t lose power nor internet. Cleaning up trees every 10 years is a trade off people are willing to deal with. The rest is better infrastructure which keeps improving constantly.

Not surprising in an era where housing demand far exceeds housing supply.

Shouldn&#x27;t, in principle, insurance costs reflect risks? If they are comparably expensive but still affordable, then living in these places is still possible.

I guess it&#x27;s good they will quickly rebuild but it doesn&#x27;t say a lot of good things about the state of the housing market.

The long-standing tradition of profiting on others misfortune.

So it turns out Aqua-man is buying houses after all[1].<p>For now at least.<p>[1] <a href="https:&#x2F;&#x2F;www.youtube.com&#x2F;watch?v=RLqXkYrdmjY&amp;t=222s" rel="nofollow">https:&#x2F;&#x2F;www.youtube.com&#x2F;watch?v=RLqXkYrdmjY&amp;t=222s</a>

not a good sense of community with so much outside speculation. so glad I don&#x27;t have a desire to subject myself to that type of environment.

till they find out what it now costs to insure a home in Florida if you want wind&#x2F;flood added to your policy