Owning Water Frontage
 

Why would you own water frontage in Florida with chance of it getting blowen away?

If this seriously lowers prices, absolutely! Rent it out for two years, SELL = PROFIT

Water frontage doesn't get 'blown" away.

Family condo on Tampa Bay 6th floor. Parking on ground level 3 times the garage and first floor had water damage. No idea what happened last night. Our friends just south of Tampa 2 blocks from ocean, evacuated Tuesday, so their insurance is under $10,000. No idea about damage. Rest of family is on Miami Beach, just wind issues, and No not one would never move, away from water

I dunno, but probably for the same reasons peel keep rebuilding home in CA that skid down the side of a cliff. Or the people outside Denver that keep building their homes on the mountain ridge and having it burned down year after year...

I think most people are not very smart or at least not very practical.

Your friends will be jealous and want to keep up with the Jones?

Why do people buy an RV knowing it is super expensive, costs a fortune to drive, and will be worth next to nothing in a few years? Why do people by a telescope when they can go online and see Hubble images so much better than anything they will see in person?

Why would anyone spend money on a fancy meal or a vacation when it is perfectly fine eating at home and having a staycation?

Because they get joy from the experience, whether it is hearing the waves or seeing the sunset or having the sand nearby, or a new taste or a new smell or walking where Henry VIII walked. It is worth the cost to the buyer.

Why do people cross the street when they know they could get hit by a car?

To get to the other side?:bigbow:

Rebuilding a home several times due to storm damage is like the definition of insanity. I can enjoy the view of the ocean on a cruise ship, not from my back yard but that's just me. I prefer to know my home will be standing after a major storm like Ian. No need for me to be so close to the shore. I could not sleep at night wondering if my home would be match sticks after a major hurricane.

Water frontage in Florida, one way or the other thanks to Ian.

Everyone has their passions and priorities! If their’s is water, and they can afford it, they will live on it. My passion is water and boating which is why I can’t live full time in the Villages, even tho it’s a lovely place. My other home is right on the intercoastal where I can watch the boats go by day and night, and we have our boat that we can go out on all day to anchor at the sand bar, or go with friends just to lunch or dinner. Sometimes we all head to Key West or Bahamas on one of our boats. It’s a great lifestyle; just obviously not yours. Everyone is different.

Really?
 

all i see is crying, desolate people whether they choose to live near the beach or in the forests when the inevitable fire destroys their homes.
Joy?

If the govt makes insurance companies cover your loss rebuilding becomes easier when others peoples money is paying for it

There are many non climate change deniers who think nothing will happen. I know some staunch deniers who are missing their winter home in Ft. Myers as of yesterday. If you don't believe something needs to be done, then you will lose in the end.