Here's a good summary of the unfolding condo catastrophe.

In Pinellas County, a teacher died of Legionnaires' Disease because of mold in the AC system. You know Florida, the state that is defunding public education. What could go wrong?

People are dying to live here.

Here's a nice summary of the insurance crisis, with one enormous missing piece. Nowhere in this report do they mention that the reason why insurance companies are skating out of enormous losses was the majority of the damage was due to flooding! And how many of those folks had flood insurance? Haven't seen any reports about that, but I'm going to guess that most of them didn't.

So where's the reporting on what happens when you don't have flood insurance and can't afford to rebuild? I guess "investors" buy your home at distressed prices. What does that do to the net worth of those individuals? What does that do to the housing market?

I guess we're all going to find out.

Oh yeah, before I forget. Florida is also malignantly indifferent to the healthcare needs of children, too.

Horrible state, governed by horrible people.

Originally posted at Nice Marmot 10:03 Wednesday, 11 December 2024