Quote:
Originally Posted by msilagy
A neighbor in Il is a seasonal occupant of a duplex in Ft Myers. Her home was not damaged by the hurricane but the new insurance is $2500 every 3 months or $10,000 a year! As a side note I doubt the new roofs are a major factor in TV. It's the potential weather risks everywhere.
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The average middle class resident can no longer live on the Coast because of the cost of insurance and the HOA fees required by new FLorida HOA regulations. I believe Central Florida residents (including Villagers) are beginning to feel that increased insurance costs and higher interest rates are starting to affect real estate values here in The Villages too.