▲ 58 ▼ Farmers Insurance is leaving Florida in latest blow to homeowners (www.tampabay.com) submitted 3 years ago by alyaza@beehaw.org [M] to c/usnews@beehaw.org 23 comments fedilink hide all child comments archive.today link
[–] sim_@beehaw.org 10 points 3 years ago (1 child) I’m no fan of FL’s current governance but wishing every citizen is displaced is misguided IMO. permalink fedilink source parent hideshow 2 child comments replies: [+] cosmic_slate@dmv.social 7 points 3 years ago* (2 children) [deleted] permalink fedilink source parent hideshow 4 child comments replies: [–] delmain@beehaw.org 7 points 3 years ago (2 children) And all of that is also ignoring the idea that it's not actually possible for everyone to move. Like, who would be buying these people's homes that they're leaving in FL in order to get a new place somewhere else? permalink fedilink source parent hideshow 4 child comments replies: [–] alyaza@beehaw.org [S] 4 points 3 years ago Like, who would be buying these people’s homes that they’re leaving in FL in order to get a new place somewhere else? in all probability, a state authority will eventually need to eat the cost and help resettle a large number of people currently living in Florida. whether that'll be Florida or the US government (or another party) remains to be seen. permalink fedilink source parent [–] lemillionsocks@beehaw.org 2 points 3 years ago I am reminded of that one video. "sell the houses to who? Fucking aquaman?" permalink fedilink source parent [–] Powderhorn@beehaw.org 6 points 3 years ago* I was curious about 30-year mortgage origination volumes in Florida, but best I found quickly was from the CFPB in 2019, so it's useless given the pandemic, supply-chain issues and inflation since. I can't imagine anyone there is getting a 30-year today fully expecting to pay it off, retire and die never having to move again. permalink fedilink source parent
[+] cosmic_slate@dmv.social 7 points 3 years ago* (2 children) [deleted] permalink fedilink source parent hideshow 4 child comments replies: [–] delmain@beehaw.org 7 points 3 years ago (2 children) And all of that is also ignoring the idea that it's not actually possible for everyone to move. Like, who would be buying these people's homes that they're leaving in FL in order to get a new place somewhere else? permalink fedilink source parent hideshow 4 child comments replies: [–] alyaza@beehaw.org [S] 4 points 3 years ago Like, who would be buying these people’s homes that they’re leaving in FL in order to get a new place somewhere else? in all probability, a state authority will eventually need to eat the cost and help resettle a large number of people currently living in Florida. whether that'll be Florida or the US government (or another party) remains to be seen. permalink fedilink source parent [–] lemillionsocks@beehaw.org 2 points 3 years ago I am reminded of that one video. "sell the houses to who? Fucking aquaman?" permalink fedilink source parent [–] Powderhorn@beehaw.org 6 points 3 years ago* I was curious about 30-year mortgage origination volumes in Florida, but best I found quickly was from the CFPB in 2019, so it's useless given the pandemic, supply-chain issues and inflation since. I can't imagine anyone there is getting a 30-year today fully expecting to pay it off, retire and die never having to move again. permalink fedilink source parent
[–] delmain@beehaw.org 7 points 3 years ago (2 children) And all of that is also ignoring the idea that it's not actually possible for everyone to move. Like, who would be buying these people's homes that they're leaving in FL in order to get a new place somewhere else? permalink fedilink source parent hideshow 4 child comments replies: [–] alyaza@beehaw.org [S] 4 points 3 years ago Like, who would be buying these people’s homes that they’re leaving in FL in order to get a new place somewhere else? in all probability, a state authority will eventually need to eat the cost and help resettle a large number of people currently living in Florida. whether that'll be Florida or the US government (or another party) remains to be seen. permalink fedilink source parent [–] lemillionsocks@beehaw.org 2 points 3 years ago I am reminded of that one video. "sell the houses to who? Fucking aquaman?" permalink fedilink source parent
[–] alyaza@beehaw.org [S] 4 points 3 years ago Like, who would be buying these people’s homes that they’re leaving in FL in order to get a new place somewhere else? in all probability, a state authority will eventually need to eat the cost and help resettle a large number of people currently living in Florida. whether that'll be Florida or the US government (or another party) remains to be seen. permalink fedilink source parent
[–] lemillionsocks@beehaw.org 2 points 3 years ago I am reminded of that one video. "sell the houses to who? Fucking aquaman?" permalink fedilink source parent
[–] Powderhorn@beehaw.org 6 points 3 years ago* I was curious about 30-year mortgage origination volumes in Florida, but best I found quickly was from the CFPB in 2019, so it's useless given the pandemic, supply-chain issues and inflation since. I can't imagine anyone there is getting a 30-year today fully expecting to pay it off, retire and die never having to move again. permalink fedilink source parent