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.

  • afraid_of_zombies@lemmy.world
    link
    fedilink
    arrow-up
    1
    ·
    1 year ago

    I keep trying to convince s few buddies we should pool our money together and get into RVs. Have a lot with RVs for rent. Move them from lot to lot based on needs. Park them outside business that don’t pay well but have a lot of workers.

    • quindraco@lemm.ee
      link
      fedilink
      arrow-up
      1
      ·
      edit-2
      1 year ago

      I’ve heard worse business proposals, for sure. But be careful about identifying as a landlord (even a prospective one) in a place like this!