@@state_song_xprt the same people who mock the Soviets for trying to legislate the laws of economics, are now trying to legislate the laws of physics. Oh, how the turn tables.
Biden freed up emergency funds well before the hurricane landed. Trump, when s hurricane hit on his watch, threw paper towels. This time he and the Rs are denying climate change, impeding freeing up additional relief funds, spreading very dangerous disinformation about the disaster relief, and disparaging the agencies that are trying to lead relief efforts.
I mean it's not really socialism I don't mean this as positive or negative but a lot of americans seem to think any goverment help/intervention is socialism
@@TheAmazingestNo, you don’t. Even this video won’t say whether Milton and recent hurricane damage is directly due to manmade climate change, sit down.
@@dragon_nammi The law allows private individuals to sue counties and municipalities who allow sleeping in public areas on the grounds of safety or damage to property value. It doesn't apply during states of emergency.
@@Veylon I think property values have bigger things to worry about than sleepy people who don't have places to stay. That seems like a silly law if it's explicitly a piece of legislation. Since anyone can sue anyone for anything, barring user agreements and contracts
While refusing to allocate funds to it in the House, and spitting on it on TV every day all day to scare their base for electoral purposes. It would be hilarious if it didn't have actual real world implications
Especially since it’s Republican congressmen who refused to increase FEMA’s budget. But hey, if there’s one thing you can trust American “conservatives” for, it’s cognitive dissonance and finding some…”reason”…to blame the libs.
Florida will be fine. Properly-constructed modern properties in non-coastal areas are fine. The problem is that there are many older, poorly-located properties. If politicians allowed market forces to operate, older properties would be uninsurable, and would gradually be replaced with better-built ones.
I remember visiting Houston, Texas and seeing a good portion of the ghettos destroyed by flood waters, I visited again a few months later and brand new condos were built in the exact same area.
Yes, Florida is constantly battered by hurricanes, it's hot and humid all year round, it's full of mosquitos and other bugs, even alligators feel free to wander people's yards. Can't fathom why anyone would want to live there.
I work for a large insurance company. We pulled out years ago when DeSatan refused to acknowledge climate change and prepare infrastructure for it. And it wasn’t just homes we pulled out of. We pulled out with auto, renters and life. Republicans refusal to deal with climate change is now costing their constituents more
Yea, the one thing I wish DeSantis and the legislature would've dealt with was the insurance debacle. Instead all we got was culture war bs and doubled insurance rates ever since he took office. I also want to point out that for someone who "doesn't" like government overreach, he sure implemented policies that made him the final say over cities and counties.
40 years of climatology research: “Guys, climate change will render the Gulf Coast uninhabitable.” “Conservative” Americans when the Gulf Coast becomes uninhabitable: “no one could have anticipated this” “Conservative” Americans: “socialism is economically unsustainable! It just encourages risky behavior!” “Conservative” Americans when their risky behavior backfires: “hey, where’s my taxpayer-funded bailout?!?!”
@@MrBurnsExcellentpush for green policies to avoid it getting worse. And for some reason, the only party that looks at data are Democrats, Republicans seem to live in a paralel world and they are either lieing or incredibly ignorant
@@MrBurnsExcellentProtest for climate action. Mitigation is key, but at this point, Florida needs adaptation measures. If we can't control the situation anymore, changes must be done in infrastructure, housing, supply chain and energy, in order to increase resilience
@@MrBurnsExcellent a carbon tax would be a good start. Stop pretending pollution is free, and non-carbon energy sources will start to look a lot more attractive. For all the fossil-fuel propaganda, the fact is that renewables are now cheaper than coal, oil, or even gas power now. Even storage is mostly a problem of scale, not technology. “But taxes will cost consumers money” bruh it’s already costing consumers money via disasters like Milton.
@@yl861 Exactly, adaptation and resilience are really good starters and have to be the first because even if the US would be as climate friendly as possible (which won't happen) the effects would still be the same as other places make a huge amount of carbon emissions too, so adapting to it is the only way.
if it were your homes and lives, youd probably have a heart. The "accepting" people as long as people agree with your political points. How moral and compassionate. Its pathetic how fake some of you people are.
@@kyledabearsfan Best I can do is asking an invisible man in the sky to do something if He wants. But I need to keep more of my money and to pay less in taxes. Sorry.
@@whimsicalhamster88 how about the billions in money to Ukraine and Israel? or the 660 million taken from the FEMA budget for illegal aliens instead of American citizens? Doesnt have to be your money. But at the end of the day the lack of compassion from people who always claim to be for the betterment of everyone. Its hysterical. Our 4 largest expenditures by far are social welfare programs and the taxes on those programs and yet the people paying for those programs cant get aid from them. And the people who spend the money laugh and sneer as their lives are ruined. You are pathetic.
I've found that investing in the market with expert guidance has been the wisest decision for me. $52,000 biweekly through my investments, reducing my reliance on my salary.
So if they just believed in it then the hurricanes would stop and the insurance rates would go back down? Ya'll want to dunk so badly on Republicans anytime a hurricane hits red state Florida and you think you're being clever but you're really just exploiting others suffering for political brownie points.
You know we are envomenttalist right? Like none of our cites have smog but all those climate activst cities do... Also all our water ways are clean that is on heard in the modern day... Why have tons of nattional parks... My city Jax gave up clean coal for natrual gass becuase it was cleaner most of the states in the US still use solu dirty coal... Why have the best whildlife protection programs in the world etc. etc...
People often ask: What are the costs of climate change of continuing to do nothing? Here you can see some. And the longer we wait the more costly it becomes.
So what's the solution? India and China haven't lowered their emissions in the last few decades at all. But the US did. If we switch to 100% green energy the hurricanes will stop and then the meanie faced hurricanes can go attack China and India?
what do you mean nothing? Do you live under a rock? There has been a massive reduction in fossil fuel emissions since the early 2000s despite a massive increase in population. This shit does not happen over night and even if we were to go to zero emissions tomorrow it would have zero affect because of the rapid industrialization of China and India.
There's nothing humans can do to stop climate change. One it's natural. Two if it is caused by humans if greenhouse gas emissions dropped to ZERO today it would take at least 500 years to begin the reversal of climate change. So it's impossible.
What have democrats done than? Biden sure hasnt made insurance and costs go down in the last few years.
День назад
Yeah, and they also oppose all anti-trust and anti-monopoly lawsuits, and choose judges who strike down any of those, and straight up lawsuits under false pretenses to overturn decisions with those judges, giving their donors money and complete domination, making the rich richer and everyone else poorer.
If you live in those areas in flordia yout gping to pay a premium price thats how it works. Those insurance companies could have to pay you out multiple times a year to rebuil and repair your home. Dont want yo pay those prices. Dont live in a high risk zone.
It’s kind of insane that my home insurance here in California is so cheap compared to the rest of the country, and I live in a wildfire zone! Proof that good governance and policies matter. There’s been a lot of risk reduction and wildfire prevention measures implemented in the last few years, a lot of which involve forcing PG&E, our state’s largest energy provider, to stop cheaping out and clear their maintenance backlog.
This feels like one of those RealLifeLore videos where they're like "HOW is this country 99% EMPTY?!?!?!?!?!?!?!?" and its Sandistan with a median temperature of the literal sun. It fucked up all the property in Florida and now the Insurance companies and investors don't want to touch it with a bargepole. Case closed.
@@TheMysteryDriver Do you think prices going down, as a result of insurance collapsing and people fleeing the state as literal climate refugees, is going to incentivise construction of new houses or even the maintenance of everything that's already there? Maybe in Tallahassee but thats just Greater Alabama as far as I'm concerned.
I predicted that once climate change became impossible to deny, the Right's narrative would shift to God punishing us for "sin", and America becomes much more dangerous for LGBT people
Florida isn't just becoming uninsurable... A lot of us are are starting to wonder if Florida is becoming uninhabitable. After Milton I had a talk with some of my neighbors, and the consensus was - "What good is warm weather and sunshine if you're constantly at risk of getting blown out of house and home multiple times each year?"
I live in Gulfport, Fl a part of Tampa Bay and we were hit by Helene and Milton with much damage. I Went to Asheville, NC and looked at homes to get away from the heat. Just saying.
Move to Oregon. We don't have any natural disasters. Except for wildfires. And also that earthquake that may or may not happen eventually. Wildfires can't even remotely compare to tornadoes and hurricanes, usually. Usually.
@@rampaginwalrus and @guastomike - I literally just purchased a condo in Palm Beach County about a year ago. So, I'm stuck for about 15 to 30 years but assuming I make it that long retiring to my home town back in New Jersey seems promising!
@@aycc-nbh7289 By the nature of federal politics and his platform he'll abandon them. Trump campaigns on immigration and the economy, helping Florida doesn't further either of those goals.
Well, in a few years a lot of Florida is under water anyway, so I'm surprised that especially beach-side property still has any value at all. It's a bubble that is going to burst no matter wind, it's the water that actually will constantly erode away any value.
There're lots of condo problems also, at least in the Miami/Fort Lauderdale area. Older buildings weren't constructed properly and at risk of collapse, and costs of owning and maintaining the properties is too expensive for retirees.
@@michaeldowson6988 To be fair, I am European and we have a completely different approach how to build our houses. Brick & Mortar is still common here. So yeah, while wooden constructions are way cheaper, they are obviously also way less resistant in case of floods & storms, even when constructed properly.
This year might be seen as the tipping point before Florida population boom ends Hurricane season is nothing new but considering how big it was this year plus the surge of social media videos of home disappearing this might cause people to be more hesitant to buy a house which may be gone come September especially as climate change ramps up
@@spookyshark632 Not really, just how it isn't surprising that Florida is going to have a housing crisis just like California in the future. People see habitable land, populate it, and when the land becomes too populous people move away from there, hence why California had a population boom and now has an exodus + a housing crisis, same thing will happen with Florida lol.
Nah. There'll be 2-3 years when it's not so bad and tons of people will move there. Like my Uncle and Aunt who got a vacation home 6 years ago and have had it basically destroyed 3 times now. But sunk cost fallacy, they really want that Florida gulf coast vacation home...
There is a systemic problem -- greed. We have allowed many of our economic sectors, to take advantage of the American people. It's disgusting and frightening for the future of our country. I plan to retire at 62 in another country outside the US that is free, safe and very cheap with a high quality of life. I could fully just rely on only my SS if I wanted to when that times arrives but I'll also have at least one pension, a 403 (b) and a very prolific lnvestment account with my Abby Joseph Cohen my FA. Retiring comfortably in the US these days is almost impossible.
I went from no money to lnvest with to busting my A** off on Uber eats for four months to raise about $20k to start trading with Abby Joseph Cohen. I am at $128k right now and LOVING that you have to bring this up here.
@@LaillaBelgradeWell her name is 'ABBY JOSEPH COHEN SERVICES'. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
Abby Joseph Cohen Services has really set the standard for others to follow, we love her here in Canada 🇨🇦 as she has been really helpful and changed lots of life's
Insurance companies: "Global Warming is real and putting us out of business!" Fossil fuel companies: "Global Warming is a hoax and is putting us out of business!" Me: "FIGHT! FIGHT! FIGHT!"
@DementiaDon Do you think it's possible to want government help for citizens who need it without agreeing to giving money away to noncitizens, people who just don't want to work, and tens of billions to foreign countries at the same time people here are suffering from a natural disaster?
@@TheAmazingest This idea we are "giving money away". Like, we are more than capable of doing multiple things at the same time, fiscally speaking, anyways. I'd much prefer the government spend money on adaptation and mitigation of climate change than to attempt to prop up a struggling industry. It's a band-aid solution, at best.
As someone who works in insurance, I 100% tell they didn’t do their research. Probably Just reading articles and nothing else. Maybe talk to someone who works in insurance because one thing you definitely left out was a department of insurance by Florida. They are a massive headache to deal with and they make some dumb rules. Also most of Florida is built in a swamp. Another reason why some homes are just so expensive to ensure because you’re quite literally built in a flood zone.
Also roof knocking is driving up insurance a ton. Roofs need to be replaced every 15-25 years ($10-20k), and as they are an expected upkeep cost of a home, no insurance company anywhere ever covers the cost to just replace a roof unless something happened to it. Over the past 5-10 years, you've started to get roofers knocking on your door, they'll go up on your roof and 'assess' there has been storm damage and connect it to a documented storm (not even a hurricane) even if it happened months or years prior. They get to build a new roof (roofer gets paid), the homeowner goes through insurance, so now insurance is paying out $25k for a ton of homes for something that is not actually covered.
It hasn't increased within our lifetimes, we just have better social media to expose it. I bet during biblical times people said the exact same thing (that climate change is getting worse).
@@noseboop4354 Uh what? People in biblical times didn't have the same knowledge or tools we have today, what a ludicrous statement. We can easily measure the fact that sea levels are rising, waters are warmer etc. These are objective facts, and it seems objective reality is too scary for some people and so they need an escape from it.
What does it matter? Over my 29 years of living in Floirda I was born here too Hurricnes have gotten much less teating... becuase we are always finding new ways to prepairs and recover it was silly this time.... Becuase we got hit by 2 cat 4s in a week and nothing happpened atlearts not on the scale of any destors in any other state... Which when I was young we would lose power for weeks know we don't... So what would a Cat 6 do to us give us a day off? Oh I'm so scared.,
Maybe Ohio isn’t so bad after all. Got tornadoes and the occasional blizzard(getting weaker from climate change), but no earthquakes, no rising sea levels, no volcanoes, no dust storms, no forest fires, and no hurricanes
I keep looking for where I would rather live in the U.S. than Michigan if we were to move. Cannot think of one place, for the same reasons you mentioned... along with having water, clean air, and relatively few deadly predators.
@@TheAmericanAmerican Look into southeastern Ohio in the foothills of the Appalachian Mountains. It's beautiful there filled with forests, cliffs, and waterfalls. Land is still reasonable affordable as well.
just a shitty, polluted lake that smells like chemicals and has a lovely view of power plants with warnings about the dangerous sea foam!! no really, sounds great 😂
The biggest issue is insurance as they do not want to lose, so price of insurance goes up and people can't afford it, making homes very risky to have, which as a result drops prices.
Insurance is about spreading risk. If an insurance company can’t make a reasonable ROI, how can they stay in business? Even the state owned Florida insurance can’t survive in the long run.
Well yeah, they are for profit. They have to do that. Why I personally don’t understand why insurance is even a thing instead of a social service you pay into. Only way to make profit is not paying for what you said or charge way too much for service. Insurance cannot be innovated on so don’t make sense for private businesses that would drive more ideas.
@@Siralexandrinethey’re re-elected a governor and a legislative supermajority who either deny climate change or have declared it a subject _non grata._ Ronnie and his pet lawmakers literally outlawed the term “climate change” from all laws and government documents six months ago. I call that pretty solid evidence.
Cooling and alot of building materials historical. It's super hot and muggy in the south, and dense brick walls would make it unbearable or use alot of AC. It also makes building way cheaper due to not having to drill into brick to set up wiring, outlets and everything else you can hide behind the walls. In short, it's cheaper and more efficient then using denser materials. East coast city's use alot of brick due to it being colder up here then the south. Issue is wood isn't hurricane proof, and cookie cutter style houses that look good don't do well in hurricanes.
I don't think you understand how any of this works. If you're implying a hurricane sweeping through a European city wouldn't do astronomical damage, you're hilariously wrong. There's not really much you can do to protect your buildings from hurricanes - they're just too powerful.
@@jeffmorris5802 I indeed don't understand how this works. That's why I'm asking, because usually Americans have homes built of paper and it seems contradictory to the hurricanes situation.
For exactly the same reason the Japanese built paper homes for centuries, so that they could build new ones just as fast as the last ones were destroyed. Bricks won't help you with these winds
There is actually a lot of nice stuff about our state (outside of corruption and far red govt). Lots of nature trails, mild weather for half the year, sunshine, and the beautiful beaches. Alligators will usually leave you alone if you give them space. They are really interesting creatures.
Came from Car'gill myself, and flew into ChCh on afternoon of the first big Quake Seen a good YT clip on the big one building, one day, it's coming, some day Better here in Tas
Holy shit it's actually mind blowing and awesome seeing a news org do a story about how markets are good and government propping up inefficiency is bad
Private insurance companies are out here trying to make a profit. It's not good, but it is a useful indicator about what they think is too risky when they won't insure something.
And yet two things you can't understand The wealthy people always buy insurance and no one forces them to even though they can afford to stand the losses....And you never do go into the insurance business...
What these damage estimates ignore is he fact that homes and buildings have jacked up in price. Year to year hurricane damage can be exactly the same and it'll cost more.
My understanding is you need surface water 79°F or above to generate a hurricane. The water in the Gulf of Mexico has been 84 to 87°F based on NOAA/NASA data. Considering we are still adding greenhouse gases to the atmosphere every day, I see stronger and more frequent catastrophic climate events in Florida’s future. Therefore, I can’t imagine Florida’s population going any place but down. SOON.
I just went through Milton and the worst to happen was my power went out for a day. Most of those houses that were destroyed were mobile homes (easily destroyed) and older homes from before the modern building codes.
@@EbonySaints No, we have building codes here because of all the hurricanes. People refuse to demolish the older buildings to build safer ones, this goes on for decades, then a big hurricane wipes them out and those same people wonder "how could this have happened?"
@@EbonySaints I mean your right all the Hallen victims were out of state despite having a lesser storm... So yeah hurricanes work on Florida's machine..
@@LordReginaldMeowmont That really only applies to wind though, flooding is still going to cause significant damage. Like your house can still be standing and structurally sound, but then all your plumbing and electric is destroyed along with your belongings. Then you have to worry about black mold as well. Florida is just not a place meant for human habitation, a lot of it will literally be underwater in the next few decades.
Florida should invest in housing storm walls and constructing coral reefs. The most destructive part of a hurricane is the flooding not the wind. Control the flooding and you fix 99% of the damage.
Or basically buy properties from flood-risk zones and turn it into natural resources. If you’re a developer in Florida and wanted to build a new home for millions of people, you gotta be mindful of using space because building a community with large houses with big yards is not just wasteful but harming the environment.
Fun fact about Citizens: it can levy special assessments on all policy holders in the event of a disaster, regardless of where in the state you live. That is one strategy it has to make up for shortfalls in payouts
They also have a re-insurance policy on Citizens should they default (basically insurance on insurance) Not sure why that wasn't mentioned in the video...
@@zakkkray Honestly I feel like these videos should be at least 15 minutes long if they're going to cover a somewhat complicated topic. Under 10 minutes is barely enough to get past the context. Scishow regularly puts out 15 minute videos even before they were part of Complexly.
Creating a Society with limited Education & Containing Control of Media & Awareness Is , Literally , Chapter One of Authoritarian & Dictatorial Principles.
I remember watching on documentaries and reading in text books that climate change would let many coasts in the world unhabitable and constantly desolated by increasingly powerful storms and hurricanes. So yeah, we didn't see that coming. Acapulco and Florida are now places where you 100% know will be desolated again in the next year, and the next... It's almost imposible now two years in a row without a powerful category 5 hurricane in these places.
@@alexs5968 It's not the case when lobbyists and anti government people try to prevent the government from doing anything. The cheapest and best car insurance in Canada is the public insurance provided by the government of Saskatchewan. To such a degree that many Alberta and Manitoba residents registered their vehicles in Saskatchewan to get the better insurance. Take the profit motive out and you often end up with better quality because quality becomes the focus.
I live in Florida. Only one other comment was from a Floridian. I live twenty miles inland on high well drained ground. Florida is not alone regarding coastal construction and risk. You cannot count on insurance. If you want to live near the water then accept your risks. Build strong or plan on rebuilding. Ancient coastal native Floridians built shell mounds.
Most of TLDR viewers are Europeans that have been being subsidized by our defense department for 80 years, and a few American pinkos. They canned their American channel because of low views, and it had low views because it was absurdly off the mark 80% of the time.
I think people focus way to much on climate change. The real issue is Florida has ALWAYS been unfit for year round habitation. Here in Canada the Ottawa river floods bad about twice a decade. Wasn’t a big issue until the mid 2000’s when population growth meant within 10 years all the cottages along the river that flood in the spring when empty are now massive million dollar homes. And people are bitching about climate change as if the Ottawa river hasn’t flooded ever 5 years since 1900. It’s just when I flooded before it meant a few thousand people had some repairs to do when they go out to the cottage in the summer now it’s towns of 1500 people being displaced. Or in BC we drained a lake built a town in the 50’s in said drained lake then did zero maintenance on the dykes and when a 100 year flood hit the river filled up exactly as if it was pre 1950 and everyone yelled how climate change causes this. No stop inhabiting flood plains.
I mean, intense storms are clearly becoming more frequent. Yea, Florida is a terrible place for human habitation in general, but it has definitely become worse because of climate change.
Why is it that everyone except you is perfectly capable of accepting the fact that we all knew some climates were already bad for human habitation even before climate change and that climate change makes those bad climates even worse. How is that so difficult to wrap your head around.
The flood plains are expanding rapidly. And floodplain maps are artificially constrained by developers and politicians. My area has had two 500 year floods and 1,000 year flood in the last 20 years. The flood map is clearly wrong it needs to be adjusted but the cost of doing so in terms of required flood insurance and difficulty developing the areas plus donations to politicians prevent this from being done as it should be done.
Thank you for making this video. Haven't even finished it yet but this is not a topic that is being covered by United States media and it has a detrimental impact on a big population center like Miami. First thing I thought of with Milton.
1:43 Billion dollar events aren’t inflation adjusted. Of course as people build more homes in Florida, you would see the property damage value increase.
2:26 The reason sea levels rise when ice melts is not due to the ice melting, rather it’s the fact that the water is getting warmer. Water expands when heated as the water molecules bounce against each other with more energy.
Insurance prices have to rise to represent the risk and everyone needs to be realistic about how risky it is to live in certain areas,Ft Myers has been hit 3 times in the last 3 years. Building codes are also going to have to be pushed far beyond what they are now. I’m starting to see more ICF houses with ICF roofs being build so there’s rebar from the foundation to the top of the roof. Whatever people decide to do the risk has to be priced accordingly.
I live in Florida, far from the coast, several miles. Why they let people rebuild over and over again in flood / storm surge prone areas is beyond me. My home insurance is about $30,000 a year in a low risk (no flood zone), newer home.
As someone who lives in Florida and lives on the coast, I think a big problem is Florida really sold itself as the prime retirement destination and recently has sold itself heavily to the mega conservative types who are of the opinion you should build whatever you want to wherever you want. Instead of sturdier older style homes or more modern storm resistant buildings, they wanted to build New England styled suburbia and vacation condos. And they wanted to do it right next to the water. And with storms only getting stronger on average, right-wing has increasingly bitten into climate denial and so we are in a vicious cycle of denying things are getting worse because if we even acknowledge them or acknowledge different building practices of where and what you can build means acknowledging the opposition
The problem with flood isurance, is that the subsidized insurance applies to new construction in flood zones. It is one thing to protect a previously existing housing, it is another to encourage shoddy construction in flood zones.
Seems to me that if a building is flooded by a storm then moving forward they should NOT be allowed to rebuild. The state should buy the land back to be used for the public
The biggest question I have is why is there something called Florida Property Market.Its basically the same as selling houses in the middle of the ocean
Middle of the swamp. It was a huge rip-off and scandal back in the early 20th C. All sorts of real estate speculators were selling swamp to people who never payed a visit before signing up.
@@thatrandomguyontheinternet2477Europeans cannot be this stupid. Even if all the homes were made of concrete they'd still be damaged due to massive flooding and 150mph wind.
i dont know why you want to live there, getting hit 2 to 5 of these a year just seems stupid. i say everyone moves inland 200 km in and use thats as a buffer zone,
@@mikeybroski3686 I was just about to comment this. Deifying things is a lazy way out of understanding the inner workings of a system, workings that we might not know we are playing with.
@@martinpetkov7859 I live in Florida, South Florida, to be exact. My town was directly hit by Charlie, Irma, Ian etc and I agree with him. It might've upset you, but there is an irony to this happening in places where climate change denial is higher.
The Citizen's math is bad (but I don't think the script writer is being malicious; just uninformed). The right comparison for capital adequacy is a measure of admissable capital (cash, cash-like marketable securitie, etc.) vs. probably maximal losses. Citizens hasn't bought enough reinsurance but it doesn't have zero as the figures displayed imply.
After Hurricane Sandy destroyed a lot of homes in the New York region there was an article in which the writer said that FEMA and the federal government don't want home owners to rebuild in the same disaster prone places - they wouid rather these devastated areas become naturalized with no houses and that home owners rebuild somewhere else less vulnerable because if homes are rebuilt in the same vulnerable area then inevitably they will suffer extreme damage from a future weather disaster and then FEMA and the federal government will need to pay out again to help effected home owners. The problem is that effected municipalities want homes rebuilt in the same disaster prone areas because naturalized areas with no houses or people don't pay municipal property taxes. If home owners rebuild elsewhere there is a high chance that it will be in a different municipality so they will no longer be paying taxes to their original municipality.
Floridian here. Big part missing from this video is the fact that basically anything being bulid here is basically hurricane proof and completely minimizes risk. Flooding being the primary concern our infrastructure is changing significally to completely minimize damages. Insurance just hast to catch up and older homes are basically being torn down or rebuild with new code standars after they get destroyed by hurricanes. Insurance markets are just simply refusing to acknowledge this and will charge the same insane amount from a home being built today to one built 20 years ago. Despite that home built today can withstand winds up to a cat 5 sustained where a house 20 years ago can varely survive a cat 3 also most homes are build with either high elevation to prevent flooding.
I Don't know what you call "hurricane proof", but until houses are raised onto 15' stilts, they're gonna get destroyed completely over and over again. Those single story HOA paper mache houses don't stand a chance.
In Florida we've beefed up building codes significantly after hurricanes. A majority of houses have some level of hurricane proofing. The big property killer is flooding since everything is so flat. Apart from building your house on tall stilts you can only flood-proof so much.
@@stupidduck3200 ya? And if you're forced to pay into you might as well get yours. That's how most people I know feel. It's why they hate the cops so much since they pay for them.
The real kicker is that a sizable chunk of the at risk areas are near the coastline and are generally wealthier than the more inland areas. Meaning that not only are Floridians (and the rest of America) subsidizing the at risk areas, but they tend to be subsidizing wealthy areas too. We are subsidizing the rich who choose to live in flood zones along the beach.
@@johnginter145 ehhh, at scale the wealthy areas do better because the homes USUALLY are up to code for that area. There are edge cases but especially new construction there is only superficial damage that tends to not be worth making a claim to insurance for. The big issue is the repeat offenders in less affluent neighborhoods because they can’t afford to take a loss on their house. Local governments will always make rebuild exceptions right after a disaster and then we just reset the clock for the next disaster.
I think it’s ridiculous that the government mandates you to have something and doesn’t then give a basic public option. The government should never mandate free business creation for a private industry.
It stinks as an inland Floridian because we see the same insurance rates, and companies jumping through hoops to try not to insure us when our home risk is nowhere near the same as places on the coast.
I would only consider buying in Orlando, as it’s basically the only Florida city that is not near the coast. And even then, I’d focus on a high rise downtown. As the first 5 levels are usually parking, you’d automatically be safe from flooding. Not that this would be cheap, but it’d be safe.
First Five levels is parking? The beach and beach front property gets tidal surges during a hurricane but it is nowhere close to being a tidal wave, especially inland, flooding in Florida can get up a few feet (no more than 2 meters) where houses and buildings are built.
$7k was the annual premium cited in the video. So your property is only worth $21k? The problem is that housing costs far more, and despite knowing the risks, people keep building in areas prone to disaster without the building codes to make homes safer.
The story was distorted and you just believe anything CNN tells you, she has never called once for the nearly 4 years she's been VP but called just this time as the elections are in a few weeks, it was to get political points, this is not an opinion it is a fact.
You dont actually care about the climate, you are instead a communist twat who is can destroy in 5 seconds. And your false compassion and care for the environment and your 2% worthless global emmissions and throwint soup at van gogh paintings reveals how stupid you are
Just an FYI: less than six months ago the governor of Florida signed a law removing all references to climate change from state law.
Forcefully ignoring civilizational issues. Letting your people die.
The insurance companies still use it to deny coverage and leave the state anyway lol
@@state_song_xprt the same people who mock the Soviets for trying to legislate the laws of economics, are now trying to legislate the laws of physics.
Oh, how the turn tables.
@@davidblair9877all their saying it won't kill us in 5 years like Greta says.
Look for King Canout. He told tide to go back. Looks like you have his ancestors in USA
Florida is the prime example of people complaining about socialism while taking advantage of socialism more than the average person ever could.
Everyone likes the benefits ... just noone wants to be left with the bill.
The have 0% income tax how is that socialism
Biden freed up emergency funds well before the hurricane landed. Trump, when s hurricane hit on his watch, threw paper towels. This time he and the Rs are denying climate change, impeding freeing up additional relief funds, spreading very dangerous disinformation about the disaster relief, and disparaging the agencies that are trying to lead relief efforts.
Well we pay for it we should use. Just because you don’t like it doesn’t mean you shouldn’t use it. Plus I don’t think anyone is against FEMA lmao
I mean it's not really socialism
I don't mean this as positive or negative but a lot of americans seem to think any goverment help/intervention is socialism
Who could have guessed the giant peninsula swamp would suffer major impacts from climate change?
Yeah, Climate Change Milton was devastating.
@@TheAmazingestso you don’t understand the difference between weather and climate?
@@UltraGiantMeteor2024common symptom of red hat syndrome
@@UltraGiantMeteor2024 What makes you think I don't, but the person I was responding to does?
@@TheAmazingestNo, you don’t. Even this video won’t say whether Milton and recent hurricane damage is directly due to manmade climate change, sit down.
Oh don't worry, they can sell their houses to aquaman.
thanks, ben
🪓
Yes . I d buy them
Trump said he'd buy them all.
Just needs to sell true social first!
*FUCKING Aquaman
It never ceases to amaze me how much Republican states utilize big government to subsidize the success of their "small government" policies
I feel like I don’t see that many republicans talk about small government anymore and that sort of talk seems to be slowly getting phased out
@@hs5312 true. Now they just hate everyone who isn’t part of their club.
‘AMEN’ - eh Floridian socialists!!!
If democrats controlled the gulf states they'd do the same thing. This really isn't a partisan thing
@@davidblair9877or rather “cult”
At least the governor made it illegal to sleep in public. Not much you can do if you lose everything.
So basically you go to jail for sleeping?
@@dragon_nammi The law allows private individuals to sue counties and municipalities who allow sleeping in public areas on the grounds of safety or damage to property value. It doesn't apply during states of emergency.
@@Veylon I think property values have bigger things to worry about than sleepy people who don't have places to stay. That seems like a silly law if it's explicitly a piece of legislation. Since anyone can sue anyone for anything, barring user agreements and contracts
@@dragon_nammithat soon may be the only way to get decent housing in Floriduh
@@dragon_nammi Maybe you think so, but Title IX, Chapter 125, Section 0231, Subsection 3, Paragraph A, Item 3 of the Florida Statutes begs to differ.
Republicans suing FEMA to get a taxpayer bailout is ironic on multiple levels.
weird to see so many conservatives turning into full blown communists when a natural disaster affects them.
While refusing to allocate funds to it in the House, and spitting on it on TV every day all day to scare their base for electoral purposes. It would be hilarious if it didn't have actual real world implications
Yeah, they should be suing the Ukraine where all their tax money went.
@jasongrundy1717
Are you fucking serious? Obviously all of the money went into trying not to get taken over by Russia...
Especially since it’s Republican congressmen who refused to increase FEMA’s budget.
But hey, if there’s one thing you can trust American “conservatives” for, it’s cognitive dissonance and finding some…”reason”…to blame the libs.
Today climate change has made Florida uninsurable.
Tomorrow it will make it uninhabitable.
but none of that will persuade most Floridians that it is happening
low information liberal detected. there has been no statistically significant increase in the frequency of hurricanes the past 30 years
@@WhichDoctor1 Stupid is as stupid does, and ya can't fix stupid.
Florida will be fine. Properly-constructed modern properties in non-coastal areas are fine. The problem is that there are many older, poorly-located properties. If politicians allowed market forces to operate, older properties would be uninsurable, and would gradually be replaced with better-built ones.
lmao sure buddy
Stop building and rebuilding in areas that you know will get regularly hit by hurricanes, it's absurd.
I remember visiting Houston, Texas and seeing a good portion of the ghettos destroyed by flood waters, I visited again a few months later and brand new condos were built in the exact same area.
or engineer and mandate the building of hurricane resistant homes...
They really need to start ditching wood construction in hurricane central and raise home floors by about 2 feet.
Yes, Florida is constantly battered by hurricanes, it's hot and humid all year round, it's full of mosquitos and other bugs, even alligators feel free to wander people's yards. Can't fathom why anyone would want to live there.
You could said that to other like Japan as reason why building up until 20th century is mostly made of paper and wood so they can easily rebuild
I work for a large insurance company. We pulled out years ago when DeSatan refused to acknowledge climate change and prepare infrastructure for it. And it wasn’t just homes we pulled out of. We pulled out with auto, renters and life. Republicans refusal to deal with climate change is now costing their constituents more
Good you probably couldn’t meet the financial requirements
Because it AINT real! Earth has always had devastating weather for all its history, its never been a recent thing.
Yea, the one thing I wish DeSantis and the legislature would've dealt with was the insurance debacle. Instead all we got was culture war bs and doubled insurance rates ever since he took office. I also want to point out that for someone who "doesn't" like government overreach, he sure implemented policies that made him the final say over cities and counties.
@@Labyrinth6000 well the evidence is against you and we’re paying for it
@@weebabyshamus par for the course. Republicans are hypocrites
40 years of climatology research: “Guys, climate change will render the Gulf Coast uninhabitable.”
“Conservative” Americans when the Gulf Coast becomes uninhabitable: “no one could have anticipated this”
“Conservative” Americans: “socialism is economically unsustainable! It just encourages risky behavior!”
“Conservative” Americans when their risky behavior backfires: “hey, where’s my taxpayer-funded bailout?!?!”
And what the hell are we supposed to do about it??
@@MrBurnsExcellentpush for green policies to avoid it getting worse. And for some reason, the only party that looks at data are Democrats, Republicans seem to live in a paralel world and they are either lieing or incredibly ignorant
@@MrBurnsExcellentProtest for climate action. Mitigation is key, but at this point, Florida needs adaptation measures. If we can't control the situation anymore, changes must be done in infrastructure, housing, supply chain and energy, in order to increase resilience
@@MrBurnsExcellent a carbon tax would be a good start. Stop pretending pollution is free, and non-carbon energy sources will start to look a lot more attractive. For all the fossil-fuel propaganda, the fact is that renewables are now cheaper than coal, oil, or even gas power now. Even storage is mostly a problem of scale, not technology.
“But taxes will cost consumers money” bruh it’s already costing consumers money via disasters like Milton.
@@yl861 Exactly, adaptation and resilience are really good starters and have to be the first because even if the US would be as climate friendly as possible (which won't happen) the effects would still be the same as other places make a huge amount of carbon emissions too, so adapting to it is the only way.
No Socialism for Florida. They deserve thoughts, prayers and bootstraps.
Maybe some paper towels too.
if it were your homes and lives, youd probably have a heart. The "accepting" people as long as people agree with your political points. How moral and compassionate. Its pathetic how fake some of you people are.
@@kyledabearsfan Best I can do is asking an invisible man in the sky to do something if He wants. But I need to keep more of my money and to pay less in taxes. Sorry.
@kyledabearsfan what? I already gave them my thoughts and prayers. What more do you expect me to do
@@whimsicalhamster88 how about the billions in money to Ukraine and Israel? or the 660 million taken from the FEMA budget for illegal aliens instead of American citizens? Doesnt have to be your money. But at the end of the day the lack of compassion from people who always claim to be for the betterment of everyone. Its hysterical. Our 4 largest expenditures by far are social welfare programs and the taxes on those programs and yet the people paying for those programs cant get aid from them. And the people who spend the money laugh and sneer as their lives are ruined. You are pathetic.
My main concern is how the poor and homeless in Florida will survive this disaster wish I could find a way to support them
Exactly!!all they need now is support from loved ones and also better means to gain income to rebuild
I've found that investing in the market with expert guidance has been the wisest decision for me. $52,000 biweekly through my investments, reducing my reliance on my salary.
What opportunities are there in the market, and how do l profit from it?
You can make a lot of money from the
market regardless of whether it strengthens or crashes. The key is to be well positioned
I would really like to know how this actually works.
It doesn’t help that the state government doesn’t believe in climate change.
So if they just believed in it then the hurricanes would stop and the insurance rates would go back down?
Ya'll want to dunk so badly on Republicans anytime a hurricane hits red state Florida and you think you're being clever but you're really just exploiting others suffering for political brownie points.
I personally find it really funny
Facts and data don't care about beliefs, eh?
@@stupidduck3200 as do I
You know we are envomenttalist right? Like none of our cites have smog but all those climate activst cities do... Also all our water ways are clean that is on heard in the modern day... Why have tons of nattional parks... My city Jax gave up clean coal for natrual gass becuase it was cleaner most of the states in the US still use solu dirty coal... Why have the best whildlife protection programs in the world etc. etc...
People often ask: What are the costs of climate change of continuing to do nothing? Here you can see some. And the longer we wait the more costly it becomes.
So what's the solution? India and China haven't lowered their emissions in the last few decades at all. But the US did. If we switch to 100% green energy the hurricanes will stop and then the meanie faced hurricanes can go attack China and India?
what do you mean nothing? Do you live under a rock? There has been a massive reduction in fossil fuel emissions since the early 2000s despite a massive increase in population. This shit does not happen over night and even if we were to go to zero emissions tomorrow it would have zero affect because of the rapid industrialization of China and India.
Building in flat areas and risk areas are a big reason why we see more destruction as well as growing populations in these areas.
There's nothing humans can do to stop climate change. One it's natural. Two if it is caused by humans if greenhouse gas emissions dropped to ZERO today it would take at least 500 years to begin the reversal of climate change. So it's impossible.
@@MrBurnsExcellent The change in underlying severe weather risk is the actual reason.
Republicans always talk about "let the market decide" but will NEVER let these insurance rates move toward actual market rates.
What have democrats done than? Biden sure hasnt made insurance and costs go down in the last few years.
Yeah, and they also oppose all anti-trust and anti-monopoly lawsuits, and choose judges who strike down any of those, and straight up lawsuits under false pretenses to overturn decisions with those judges, giving their donors money and complete domination, making the rich richer and everyone else poorer.
The market has decided Florida is a wasteland
If you live in those areas in flordia yout gping to pay a premium price thats how it works. Those insurance companies could have to pay you out multiple times a year to rebuil and repair your home. Dont want yo pay those prices. Dont live in a high risk zone.
Yep. And as many comments here indicate, they always look for excuses to avoid making the needed systemic changes.
It’s kind of insane that my home insurance here in California is so cheap compared to the rest of the country, and I live in a wildfire zone! Proof that good governance and policies matter. There’s been a lot of risk reduction and wildfire prevention measures implemented in the last few years, a lot of which involve forcing PG&E, our state’s largest energy provider, to stop cheaping out and clear their maintenance backlog.
This feels like one of those RealLifeLore videos where they're like "HOW is this country 99% EMPTY?!?!?!?!?!?!?!?" and its Sandistan with a median temperature of the literal sun.
It fucked up all the property in Florida and now the Insurance companies and investors don't want to touch it with a bargepole. Case closed.
This is an excellent comment, and as a RealLifeLore fan I must agree
Housing prices will go down. More people will move to Florida
@@TheMysteryDriver Do you think prices going down, as a result of insurance collapsing and people fleeing the state as literal climate refugees, is going to incentivise construction of new houses or even the maintenance of everything that's already there?
Maybe in Tallahassee but thats just Greater Alabama as far as I'm concerned.
@@TheMysteryDriver I think it'll just be capital flight, upper middle class moving out while lower middle and poverty class move in.
@@TheMysteryDriverthat’s not how that works, people won’t move in if the state goes to shit.
If I wasn't an atheist, I coulda sworn that God was punishing Florida right now
Yeah it's not like they have never had a hurricane.
@@MrBurnsExcellentnope. Hurricane, what even is a hurricane?
@@MrBurnsExcellent A hurricane sure. Multiple strong ones, not as often. At least it didn't used to be.
I predicted that once climate change became impossible to deny, the Right's narrative would shift to God punishing us for "sin", and America becomes much more dangerous for LGBT people
@@MrBurnsExcellent jokes aren't something you can comprehend child
Im gonna be disappointed if Mar a Lago survives unscathed
“Get used to disappointment” - dread pirate roberts
I can see lots of bits of paper floating around not only water logged but also watermarked with "Confidential" and "Top Secret" and "Classified".
Don’t worry there is a Donald Trump sanctioned charity that will cover any damage.
@@coweatsman Cute.
Mar-a-Lago is in West Palm Beach
Not addressing the infrastructure to be ready for climate change ,floods and drought is really just kicking the can down the road..
building underground facilities to catch water like in Japan, and laws on how to build robust houses that can withstand extreme weather
@@ayoCCbut, but, but that might cost money!
@@davidblair9877 right, plan in 1% of the budget per year to get it done, it's probably gonna be ready over time and everyone is going to love it
@@ayoCC that would be smart, but it would mean giving the government money, and American “conservatives” hate giving the government money.
@@ayoCCflorida is already at water level.
Florida isn't just becoming uninsurable... A lot of us are are starting to wonder if Florida is becoming uninhabitable. After Milton I had a talk with some of my neighbors, and the consensus was - "What good is warm weather and sunshine if you're constantly at risk of getting blown out of house and home multiple times each year?"
YES, 12 PERCENT NOW ARE MOVING OUT OF FLORIDA SAYS THE POLLS
I live in Gulfport, Fl a part of Tampa Bay and we were hit by Helene and Milton with much damage. I Went to Asheville, NC and looked at homes to get away from the heat. Just saying.
Move to Oregon. We don't have any natural disasters. Except for wildfires. And also that earthquake that may or may not happen eventually. Wildfires can't even remotely compare to tornadoes and hurricanes, usually. Usually.
@@rampaginwalrus and @guastomike - I literally just purchased a condo in Palm Beach County about a year ago. So, I'm stuck for about 15 to 30 years but assuming I make it that long retiring to my home town back in New Jersey seems promising!
@@rampaginwalrusno thanks you can keep Oregon all to yourself...
Sorry did I hear that right Floroda has NO state income tax ????
There’s like 7 states that have no state income taxes buddy.
Yup.
Neither does Texas-results in property taxes and sales taxes being higher and funds for things like schools being a messy lrocess
But they get you with the fees from tons of other things.
@@daudimasinde6280 do you want a cookie buddy?
6:00 ... STOP BAILING THEM OUT.
Stop giving money to the idiots who are causing these problems in the first place.
But then the people of Florida would vote for Trump, who would reward them for voting for him.
@@aycc-nbh7289 not advocating for any policy, but Florida already votes for Trump.
Don't call someone like that
@@aycc-nbh7289 By the nature of federal politics and his platform he'll abandon them. Trump campaigns on immigration and the economy, helping Florida doesn't further either of those goals.
@@chinguunerdenebadrakh7022 You know only the mass media thinks that... we are still a swiong state...
Well, in a few years a lot of Florida is under water anyway, so I'm surprised that especially beach-side property still has any value at all.
It's a bubble that is going to burst no matter wind, it's the water that actually will constantly erode away any value.
There're lots of condo problems also, at least in the Miami/Fort Lauderdale area. Older buildings weren't constructed properly and at risk of collapse, and costs of owning and maintaining the properties is too expensive for retirees.
Obama said his election stopped sea level rise at his inauguration. Electing a black man has already solved all the world's problems.
@@michaeldowson6988 To be fair, I am European and we have a completely different approach how to build our houses. Brick & Mortar is still common here. So yeah, while wooden constructions are way cheaper, they are obviously also way less resistant in case of floods & storms, even when constructed properly.
Florida was supposed to be underwater over two decades ago though.
Come for the weather, leave after the hurricane.
This year might be seen as the tipping point before Florida population boom ends
Hurricane season is nothing new but considering how big it was this year plus the surge of social media videos of home disappearing this might cause people to be more hesitant to buy a house which may be gone come September especially as climate change ramps up
It's wild that Florida even had a population boom in the first place.
@@spookyshark632it was due to the state insurance that allowed tons of people to move there. They subsidies people moving there.
@@spookyshark632 it’s sunny and cheaper then New York or California-also the aging population produces a lot of retirees
@@spookyshark632 Not really, just how it isn't surprising that Florida is going to have a housing crisis just like California in the future.
People see habitable land, populate it, and when the land becomes too populous people move away from there, hence why California had a population boom and now has an exodus + a housing crisis, same thing will happen with Florida lol.
Nah. There'll be 2-3 years when it's not so bad and tons of people will move there. Like my Uncle and Aunt who got a vacation home 6 years ago and have had it basically destroyed 3 times now. But sunk cost fallacy, they really want that Florida gulf coast vacation home...
There is a systemic problem -- greed. We have allowed many of our economic sectors, to take advantage of the American people. It's disgusting and frightening for the future of our country. I plan to retire at 62 in another country outside the US that is free, safe and very cheap with a high quality of life. I could fully just rely on only my SS if I wanted to when that times arrives but I'll also have at least one pension, a 403 (b) and a very prolific lnvestment account with my Abby Joseph Cohen my FA. Retiring comfortably in the US these days is almost impossible.
I went from no money to lnvest with to busting my A** off on Uber eats for four months to raise about $20k to start trading with Abby Joseph Cohen. I am at $128k right now and LOVING that you have to bring this up here.
How can i reach this Abby Joseph Cohen, if you don't mind me asking? I've known her by her reputation at Goldman Sachs
@@LaillaBelgradeWell her name is 'ABBY JOSEPH COHEN SERVICES'. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
Abby Joseph Cohen Services has really set the standard for others to follow, we love her here in Canada 🇨🇦 as she has been really helpful and changed lots of life's
The very first time we tried, we invested $7000 and after a week, we received $9500. That really helped us a lot to pay up our bills.
Climate change denial is just ignoring unpleasant times to come for your own kids. How stupid....
Exactly why I’m never gonna have children
Insurance companies: "Global Warming is real and putting us out of business!"
Fossil fuel companies: "Global Warming is a hoax and is putting us out of business!"
Me: "FIGHT! FIGHT! FIGHT!"
Insurance companies gonna need a lot of government subsidization. Socialism for me but not for thee!
@DementiaDon Do you think it's possible to want government help for citizens who need it without agreeing to giving money away to noncitizens, people who just don't want to work, and tens of billions to foreign countries at the same time people here are suffering from a natural disaster?
@@TheAmazingest No, especially when all your reasoning is based on misinformation.
@@DementiaDon What misinformation is my reasoning based on?
@@TheAmazingest This idea we are "giving money away". Like, we are more than capable of doing multiple things at the same time, fiscally speaking, anyways. I'd much prefer the government spend money on adaptation and mitigation of climate change than to attempt to prop up a struggling industry. It's a band-aid solution, at best.
As someone who works in insurance, I 100% tell they didn’t do their research. Probably Just reading articles and nothing else. Maybe talk to someone who works in insurance because one thing you definitely left out was a department of insurance by Florida. They are a massive headache to deal with and they make some dumb rules. Also most of Florida is built in a swamp. Another reason why some homes are just so expensive to ensure because you’re quite literally built in a flood zone.
Also roof knocking is driving up insurance a ton. Roofs need to be replaced every 15-25 years ($10-20k), and as they are an expected upkeep cost of a home, no insurance company anywhere ever covers the cost to just replace a roof unless something happened to it. Over the past 5-10 years, you've started to get roofers knocking on your door, they'll go up on your roof and 'assess' there has been storm damage and connect it to a documented storm (not even a hurricane) even if it happened months or years prior. They get to build a new roof (roofer gets paid), the homeowner goes through insurance, so now insurance is paying out $25k for a ton of homes for something that is not actually covered.
TLDR can't be bothered with deep research, it is meant for people with no attention span.
Nah
I don't understand why some people deny climate change. You can clearly see how much it's increased within our lifetimes and the consequences of it.
No, it's a demoncrat lie!
It hasn't increased within our lifetimes, we just have better social media to expose it. I bet during biblical times people said the exact same thing (that climate change is getting worse).
@@noseboop4354 Uh what? People in biblical times didn't have the same knowledge or tools we have today, what a ludicrous statement. We can easily measure the fact that sea levels are rising, waters are warmer etc. These are objective facts, and it seems objective reality is too scary for some people and so they need an escape from it.
What does it matter? Over my 29 years of living in Floirda I was born here too Hurricnes have gotten much less teating... becuase we are always finding new ways to prepairs and recover it was silly this time.... Becuase we got hit by 2 cat 4s in a week and nothing happpened atlearts not on the scale of any destors in any other state... Which when I was young we would lose power for weeks know we don't... So what would a Cat 6 do to us give us a day off? Oh I'm so scared.,
@@GreenBlueWalkthrough Considering your broken English, I find it hard to believe you were born here.
Maybe Ohio isn’t so bad after all. Got tornadoes and the occasional blizzard(getting weaker from climate change), but no earthquakes, no rising sea levels, no volcanoes, no dust storms, no forest fires, and no hurricanes
I keep looking for where I would rather live in the U.S. than Michigan if we were to move. Cannot think of one place, for the same reasons you mentioned... along with having water, clean air, and relatively few deadly predators.
@@ac1455 have ya been to Ohio? It's flat and boring af. Go further north to Michigan or Minnesota. At least they've got lakes, forests, and hills
@@TheAmericanAmericanCredit where credit's due, they do have the best amusement park north of the Mason-Dixon
@@TheAmericanAmerican Look into southeastern Ohio in the foothills of the Appalachian Mountains. It's beautiful there filled with forests, cliffs, and waterfalls. Land is still reasonable affordable as well.
just a shitty, polluted lake that smells like chemicals and has a lovely view of power plants with warnings about the dangerous sea foam!! no really, sounds great 😂
The biggest issue is insurance as they do not want to lose, so price of insurance goes up and people can't afford it, making homes very risky to have, which as a result drops prices.
Insurance is about spreading risk. If an insurance company can’t make a reasonable ROI, how can they stay in business? Even the state owned Florida insurance can’t survive in the long run.
They can't lose or they'll hi bankrupt and not be able to cover anyone anymore
And the US charges high tariffs on cheaper imported Canadian lumber for home construction.
If insurance lose, they go bankrupt. Then everybody lose their insurance. Its not complicated ffs
Well yeah, they are for profit. They have to do that. Why I personally don’t understand why insurance is even a thing instead of a social service you pay into. Only way to make profit is not paying for what you said or charge way too much for service. Insurance cannot be innovated on so don’t make sense for private businesses that would drive more ideas.
It's beginning to look a lot like Climate change.
Everywhere you go
News in 1 month: Florida Man started housing business, renting out Alligator's stomachs as housing.
That sound like Miami, it is like NYC you can't buy a house for less than a 500k
Its ok, most of the people in Florida do not believe in climate change anyway. Hell, most of them probably believe the earth is flat.
@@harryallen1175 10 years ago I'd have disputed this statement... Today though, it's 100% accurate.
They'd rather believe democrats cause hurricanes than believe in climate change
That’s not true. Stop making up nonsense to make yourself feel good.
Well that's right, it's a red state in denial and little Donald tells them Climate Change is not real, so
Reap what you sow
@@Siralexandrinethey’re re-elected a governor and a legislative supermajority who either deny climate change or have declared it a subject _non grata._ Ronnie and his pet lawmakers literally outlawed the term “climate change” from all laws and government documents six months ago. I call that pretty solid evidence.
Why do Americans build paper homes in areas where hurricanes destroy everything every year?
People have been raised and taught to be inept about anything that isn't the present.
So no capacity to even fathom thinking about long term benefits.
Cooling and alot of building materials historical. It's super hot and muggy in the south, and dense brick walls would make it unbearable or use alot of AC. It also makes building way cheaper due to not having to drill into brick to set up wiring, outlets and everything else you can hide behind the walls.
In short, it's cheaper and more efficient then using denser materials. East coast city's use alot of brick due to it being colder up here then the south.
Issue is wood isn't hurricane proof, and cookie cutter style houses that look good don't do well in hurricanes.
I don't think you understand how any of this works. If you're implying a hurricane sweeping through a European city wouldn't do astronomical damage, you're hilariously wrong. There's not really much you can do to protect your buildings from hurricanes - they're just too powerful.
@@jeffmorris5802 I indeed don't understand how this works. That's why I'm asking, because usually Americans have homes built of paper and it seems contradictory to the hurricanes situation.
For exactly the same reason the Japanese built paper homes for centuries, so that they could build new ones just as fast as the last ones were destroyed. Bricks won't help you with these winds
The US. Let's encourage population growth and development in places without water and with catastrophic weather events... what could go wrong
The Dutch what are they talking about us?
Sinkholes, alligators,crocodiles, an incredibly corrupt government. Hard pass on Flor a duh.
Aint nothin wrong with Crocy 😤
There is actually a lot of nice stuff about our state (outside of corruption and far red govt). Lots of nature trails, mild weather for half the year, sunshine, and the beautiful beaches. Alligators will usually leave you alone if you give them space. They are really interesting creatures.
Florida has socialized property insurance. Basically Medicare for all, just for houses.
There should be limited budget for any states who voted against FEMA budget, so they'll learn how to vote wisely next time
Remember this when they say trying to address climate change would hurt the economy.
Feels good to be in New Zealand right now, no hurricanes over here!
I forgot about New Zeeland 😭
Yet
I have friends in Christchurch and I believe that 2011 earthquake was nothing short of disruptive.
Came from Car'gill myself, and flew into ChCh on afternoon of the first big Quake
Seen a good YT clip on the big one building, one day, it's coming, some day
Better here in Tas
Looks at Cyclone Gabrielle
Parts of Australia are also having similar problems, I used to work for a insurance company, I saw some quotes over $20k for high risk areas
Because of wildfire risk?
@@johnpower29 yes, same in parts of canada.
@@johnpower29 the really high prices were cyclone / flooding risk
Holy shit it's actually mind blowing and awesome seeing a news org do a story about how markets are good and government propping up inefficiency is bad
And they didn’t actually frame it as reb v dem. But just the facts.
@@edubbs3528 my dream is that everyone becomes pro-market and politics basically becomes an argument about how big to make the EITC
Yeah, I was a bit surprised that TL:DR went with that, considering most of their stances aren't explicitly pro-market
Private insurance companies are out here trying to make a profit. It's not good, but it is a useful indicator about what they think is too risky when they won't insure something.
7:37 "Hope that the American public doesn't understand a policy issue" is always a winning strategy
This is very much how insurance companies work. They disappear when you need them most.
And yet two things you can't understand The wealthy people always buy insurance and no one forces them to even though they can afford to stand the losses....And you never do go into the insurance business...
What these damage estimates ignore is he fact that homes and buildings have jacked up in price. Year to year hurricane damage can be exactly the same and it'll cost more.
My understanding is you need surface water 79°F or above to generate a hurricane. The water in the Gulf of Mexico has been 84 to 87°F based on NOAA/NASA data. Considering we are still adding greenhouse gases to the atmosphere every day, I see stronger and more frequent catastrophic climate events in Florida’s future.
Therefore, I can’t imagine Florida’s population going any place but down. SOON.
Agreed and another problem is how fast the hurricane spin up now.
I don't think we had more than 5 days warning on Milton.
Last year much hotter than that
I just went through Milton and the worst to happen was my power went out for a day. Most of those houses that were destroyed were mobile homes (easily destroyed) and older homes from before the modern building codes.
That's just the "works on my machine" argument, but applied to houses instead of computers.
@@EbonySaints No, we have building codes here because of all the hurricanes. People refuse to demolish the older buildings to build safer ones, this goes on for decades, then a big hurricane wipes them out and those same people wonder "how could this have happened?"
@@LordReginaldMeowmontglad to hear the destruction wasn't as bad as feared, after Helene I imagine there's a need for some breathing room
@@EbonySaints I mean your right all the Hallen victims were out of state despite having a lesser storm... So yeah hurricanes work on Florida's machine..
@@LordReginaldMeowmont That really only applies to wind though, flooding is still going to cause significant damage. Like your house can still be standing and structurally sound, but then all your plumbing and electric is destroyed along with your belongings. Then you have to worry about black mold as well. Florida is just not a place meant for human habitation, a lot of it will literally be underwater in the next few decades.
Florida should invest in housing storm walls and constructing coral reefs. The most destructive part of a hurricane is the flooding not the wind. Control the flooding and you fix 99% of the damage.
They are about to sink the SS United States, the world's fastest ocean liner, off the coast of Pensacola to be a reef.
Or basically buy properties from flood-risk zones and turn it into natural resources. If you’re a developer in Florida and wanted to build a new home for millions of people, you gotta be mindful of using space because building a community with large houses with big yards is not just wasteful but harming the environment.
I feel so bad for all those Boomers who retired to Florida and spent their life savings on .... Oh hang, no I don't!!
Fun fact about Citizens: it can levy special assessments on all policy holders in the event of a disaster, regardless of where in the state you live. That is one strategy it has to make up for shortfalls in payouts
They also have a re-insurance policy on Citizens should they default (basically insurance on insurance)
Not sure why that wasn't mentioned in the video...
@@zakkkray Honestly I feel like these videos should be at least 15 minutes long if they're going to cover a somewhat complicated topic. Under 10 minutes is barely enough to get past the context. Scishow regularly puts out 15 minute videos even before they were part of Complexly.
Creating a Society with limited Education & Containing Control of Media & Awareness Is , Literally , Chapter One of Authoritarian & Dictatorial Principles.
I remember watching on documentaries and reading in text books that climate change would let many coasts in the world unhabitable and constantly desolated by increasingly powerful storms and hurricanes.
So yeah, we didn't see that coming.
Acapulco and Florida are now places where you 100% know will be desolated again in the next year, and the next... It's almost imposible now two years in a row without a powerful category 5 hurricane in these places.
Governments do insurance better than private corporations. Governments are better at many things than private industry. But especially insurance.
I agree, but some people will still fight to not have the government involved.
The government provides flood insurance because all the private companies backed out.
Did you not watch the video ? Literally not the case
@@alexs5968 It's not the case when lobbyists and anti government people try to prevent the government from doing anything. The cheapest and best car insurance in Canada is the public insurance provided by the government of Saskatchewan. To such a degree that many Alberta and Manitoba residents registered their vehicles in Saskatchewan to get the better insurance. Take the profit motive out and you often end up with better quality because quality becomes the focus.
communists do not belong in america
I live in Florida. Only one other comment was from a Floridian. I live twenty miles inland on high well drained ground. Florida is not alone regarding coastal construction and risk. You cannot count on insurance. If you want to live near the water then accept your risks. Build strong or plan on rebuilding. Ancient coastal native Floridians built shell mounds.
Most of TLDR viewers are Europeans that have been being subsidized by our defense department for 80 years, and a few American pinkos.
They canned their American channel because of low views, and it had low views because it was absurdly off the mark 80% of the time.
@@Maas_GrandeCertified by a TRUE American patriot.
Exactly
I think people focus way to much on climate change. The real issue is Florida has ALWAYS been unfit for year round habitation. Here in Canada the Ottawa river floods bad about twice a decade. Wasn’t a big issue until the mid 2000’s when population growth meant within 10 years all the cottages along the river that flood in the spring when empty are now massive million dollar homes. And people are bitching about climate change as if the Ottawa river hasn’t flooded ever 5 years since 1900.
It’s just when I flooded before it meant a few thousand people had some repairs to do when they go out to the cottage in the summer now it’s towns of 1500 people being displaced. Or in BC we drained a lake built a town in the 50’s in said drained lake then did zero maintenance on the dykes and when a 100 year flood hit the river filled up exactly as if it was pre 1950 and everyone yelled how climate change causes this. No stop inhabiting flood plains.
I mean, intense storms are clearly becoming more frequent. Yea, Florida is a terrible place for human habitation in general, but it has definitely become worse because of climate change.
Why is it that everyone except you is perfectly capable of accepting the fact that we all knew some climates were already bad for human habitation even before climate change and that climate change makes those bad climates even worse. How is that so difficult to wrap your head around.
The flood plains are expanding rapidly.
And floodplain maps are artificially constrained by developers and politicians.
My area has had two 500 year floods and 1,000 year flood in the last 20 years.
The flood map is clearly wrong it needs to be adjusted but the cost of doing so in terms of required flood insurance and difficulty developing the areas plus donations to politicians prevent this from being done as it should be done.
Thank you for making this video. Haven't even finished it yet but this is not a topic that is being covered by United States media and it has a detrimental impact on a big population center like Miami. First thing I thought of with Milton.
People are building homes in places they shouldn’t the last 20 years.
1:43 Billion dollar events aren’t inflation adjusted. Of course as people build more homes in Florida, you would see the property damage value increase.
There is value in propping up Florida in this way because that means Floridians will remain contained to Florida
Need a border wall
2:26
The reason sea levels rise when ice melts is not due to the ice melting, rather it’s the fact that the water is getting warmer. Water expands when heated as the water molecules bounce against each other with more energy.
Insurance prices have to rise to represent the risk and everyone needs to be realistic about how risky it is to live in certain areas,Ft Myers has been hit 3 times in the last 3 years. Building codes are also going to have to be pushed far beyond what they are now. I’m starting to see more ICF houses with ICF roofs being build so there’s rebar from the foundation to the top of the roof. Whatever people decide to do the risk has to be priced accordingly.
I live in Florida, far from the coast, several miles. Why they let people rebuild over and over again in flood / storm surge prone areas is beyond me. My home insurance is about $30,000 a year in a low risk (no flood zone), newer home.
$30,000 on insurance...
That is more than my entire yearly expenditure.
Housing, property, health, and auto insurance rates and prices will rise because of Milton, I'm calling it.
As someone who lives in Florida and lives on the coast, I think a big problem is Florida really sold itself as the prime retirement destination and recently has sold itself heavily to the mega conservative types who are of the opinion you should build whatever you want to wherever you want. Instead of sturdier older style homes or more modern storm resistant buildings, they wanted to build New England styled suburbia and vacation condos. And they wanted to do it right next to the water. And with storms only getting stronger on average, right-wing has increasingly bitten into climate denial and so we are in a vicious cycle of denying things are getting worse because if we even acknowledge them or acknowledge different building practices of where and what you can build means acknowledging the opposition
The problem with flood isurance, is that the subsidized insurance applies to new construction in flood zones. It is one thing to protect a previously existing housing, it is another to encourage shoddy construction in flood zones.
Seems to me that if a building is flooded by a storm then moving forward they should NOT be allowed to rebuild. The state should buy the land back to be used for the public
Gotta love that rugged *_"free-ish"_* market
The biggest question I have is why is there something called Florida Property Market.Its basically the same as selling houses in the middle of the ocean
Middle of the swamp. It was a huge rip-off and scandal back in the early 20th C. All sorts of real estate speculators were selling swamp to people who never payed a visit before signing up.
If only hurricane resistant houses existed.
If only such a thing as concrete walls existed.
@@thatrandomguyontheinternet2477I wonder if 3d printed homes will become popular there.
@@thatrandomguyontheinternet2477houses built in the last twenty or thirty years were fine got the most part
@@thatrandomguyontheinternet2477Europeans cannot be this stupid. Even if all the homes were made of concrete they'd still be damaged due to massive flooding and 150mph wind.
i dont know why you want to live there, getting hit 2 to 5 of these a year just seems stupid. i say everyone moves inland 200 km in and use thats as a buffer zone,
Smilin' Ron to declare "Insurance Abandonment is a hoax" best campaign slogan- ever!
Build a brick house and instead of paying insurance put that money aside every month for future repairs
Nature has the right to defend itself 🤷♀️
Can we stop pretending nature is a deity? It’s just a name for the processes of life.
Its easy to say this when its not your house the one that is affected
@@mikeybroski3686 I was just about to comment this. Deifying things is a lazy way out of understanding the inner workings of a system, workings that we might not know we are playing with.
@@martinpetkov7859 I live in Florida, South Florida, to be exact. My town was directly hit by Charlie, Irma, Ian etc and I agree with him. It might've upset you, but there is an irony to this happening in places where climate change denial is higher.
Hipster
1000 a month for insurance is crazy
Not when the insurance mght have to give you $400,000 to rebuild your house.
Then YOU need to go into the insurance business and cut the rates and take over the market!
The Citizen's math is bad (but I don't think the script writer is being malicious; just uninformed). The right comparison for capital adequacy is a measure of admissable capital (cash, cash-like marketable securitie, etc.) vs. probably maximal losses. Citizens hasn't bought enough reinsurance but it doesn't have zero as the figures displayed imply.
After Hurricane Sandy destroyed a lot of homes in the New York region there was an article in which the writer said that FEMA and the federal government don't want home owners to rebuild in the same disaster prone places - they wouid rather these devastated areas become naturalized with no houses and that home owners rebuild somewhere else less vulnerable because if homes are rebuilt in the same vulnerable area then inevitably they will suffer extreme damage from a future weather disaster and then FEMA and the federal government will need to pay out again to help effected home owners.
The problem is that effected municipalities want homes rebuilt in the same disaster prone areas because naturalized areas with no houses or people don't pay municipal property taxes.
If home owners rebuild elsewhere there is a high chance that it will be in a different municipality so they will no longer be paying taxes to their original municipality.
Sounds like the plot of the big short. Everyone is desperately trying to avoid being the one carrying the can when the crash becomes obvious
My FEMA flood insurance has doubled in the last 3 years and I live in an area rated as unlikely to flood.
That is because someone hast to pay to subsidize the people certain to flood!
I live in Florida and have no damage to my condo and never even lost power. Watching all this news I feel strangely detached from it all…
But would you want to continue living there even if the cost of insuring your home doubles?
Floridian here.
Big part missing from this video is the fact that basically anything being bulid here is basically hurricane proof and completely minimizes risk.
Flooding being the primary concern our infrastructure is changing significally to completely minimize damages.
Insurance just hast to catch up and older homes are basically being torn down or rebuild with new code standars after they get destroyed by hurricanes.
Insurance markets are just simply refusing to acknowledge this and will charge the same insane amount from a home being built today to one built 20 years ago. Despite that home built today can withstand winds up to a cat 5 sustained where a house 20 years ago can varely survive a cat 3 also most homes are build with either high elevation to prevent flooding.
I'm going to trust actuarial to calculate the risk rather than people who desperately need insurance.
They are private enterprise . They know better than you. Set up your own insurance company if you think you know better
I Don't know what you call "hurricane proof", but until houses are raised onto 15' stilts, they're gonna get destroyed completely over and over again. Those single story HOA paper mache houses don't stand a chance.
In Florida we've beefed up building codes significantly after hurricanes. A majority of houses have some level of hurricane proofing. The big property killer is flooding since everything is so flat. Apart from building your house on tall stilts you can only flood-proof so much.
And those might be mandated if only to get non Floridains to shut the F up...
Florida was a study case for climate scientists, that most of the state was vulnerable to climate change.
Why send federal money to Florida while they claim the federal government is useless?🤦♂️🤷♂️
Because Trump would leap on the opportunity like it were gold.
Because they still pay into and are part of it.
@@TheMysteryDriver Hey, that's Socialism!
@@stupidduck3200 ya? And if you're forced to pay into you might as well get yours. That's how most people I know feel. It's why they hate the cops so much since they pay for them.
Private money would help them even less
The real kicker is that a sizable chunk of the at risk areas are near the coastline and are generally wealthier than the more inland areas. Meaning that not only are Floridians (and the rest of America) subsidizing the at risk areas, but they tend to be subsidizing wealthy areas too. We are subsidizing the rich who choose to live in flood zones along the beach.
@@johnginter145 ehhh, at scale the wealthy areas do better because the homes USUALLY are up to code for that area. There are edge cases but especially new construction there is only superficial damage that tends to not be worth making a claim to insurance for.
The big issue is the repeat offenders in less affluent neighborhoods because they can’t afford to take a loss on their house. Local governments will always make rebuild exceptions right after a disaster and then we just reset the clock for the next disaster.
I think it’s ridiculous that the government mandates you to have something and doesn’t then give a basic public option. The government should never mandate free business creation for a private industry.
Socialize the risk. Privatize the profits. It's the Republican way.
The idea is for people not to build in risky areas, because insurance costs say it is too risky.
A public option is Socialism.
The reinsurance companies already pulling out of Florida. So insurance rates will continue to go higher with no end in sight.
It stinks as an inland Floridian because we see the same insurance rates, and companies jumping through hoops to try not to insure us when our home risk is nowhere near the same as places on the coast.
Plz for the love of god just stop building houses out of paper
"The sheep builds its home out of straws, the wolf blows on it" ahh construction💀
Would be interesting to see a follow-up on this focussing on the wider impact of climate change property insurance in the rest of the world?
I would only consider buying in Orlando, as it’s basically the only Florida city that is not near the coast.
And even then, I’d focus on a high rise downtown. As the first 5 levels are usually parking, you’d automatically be safe from flooding.
Not that this would be cheap, but it’d be safe.
Gainesville is a lot nicer than Orlando.
Florida is pretty narrow, so Orlando is not deep enough inland. Recent hurricane actually caused some flooding in Orlando.
First Five levels is parking? The beach and beach front property gets tidal surges during a hurricane but it is nowhere close to being a tidal wave, especially inland, flooding in Florida can get up a few feet (no more than 2 meters) where houses and buildings are built.
@@GrahamCStrouse But too far away from the theme parks. Plus, college towns are too liberal for me.
@@chinguunerdenebadrakh7022 Also Florida is very flat. There's no mountains to block hurricanes
at this point florida will be a wildlife reserve in 100 years
Over building on barrier Islands led to this, if you look at where the damage is at it's on coastal areas but especially on barrier Islands.
How much does insurance cost?
Three times the value of your house
Well, this seems a little unreasona...
Per month 💰
$7k was the annual premium cited in the video. So your property is only worth $21k?
The problem is that housing costs far more, and despite knowing the risks, people keep building in areas prone to disaster without the building codes to make homes safer.
@@KevinAdams26except there are better building codes. Most homes withstand the hurricanes.
@@TheMysteryDriver Have you told the heavily subsidized insurance industry?
That isn't the only insurance like our issuance for a 300k house is $1k a month
Hey, the free market will solve this, right? Right??!
It will, it'll also be fiscally efficient. Just we'll have less Floridians and more people in poverty.
It would solve it if the government got out of the way. Subsidizing romanticism is a waste of money.
Kamala calls DeSantis, he rejects and denies she calls
The story was distorted and you just believe anything CNN tells you, she has never called once for the nearly 4 years she's been VP but called just this time as the elections are in a few weeks, it was to get political points, this is not an opinion it is a fact.
this is a lie, de santis and biden have said florida has been cooperating with the federal government
The culture of Florida is not one of caring about other people or the environmental damage they cause. So it's perverse to care about this.
You dont actually care about the climate, you are instead a communist twat who is can destroy in 5 seconds. And your false compassion and care for the environment and your 2% worthless global emmissions and throwint soup at van gogh paintings reveals how stupid you are
Defund risky homes