A flood of transplants over the last several years has pushed home prices and rents ever higher in the city, making it harder for lower-income Floridians to live there.
no, abusive landlords and a corrupt and predatory real estate “market” has driven those prices up. its the same everywhere.
That’s true that it’s a problem everywhere, but the problem is compounded in cities like Miami due to gentrification and due to climate change. There’s not a single issue at play here.
They can afford to do that when it gets bad enough that it will no longer be comfortable for them. And until then, they can pay for it to be comfortable for them when it will no longer be so for everyone else.
They can do the Ted Cruz thing and go down to Cancun when things look bad in Miami.
I had the same thought! Besides imminent flooding, we’re expecting horrible volume and severity in hurricanes over the next two years due to El Niño in conjunction with the warming Atlantic ocean temperatures and the breakdown of the Gulf Stream/AMOC. Not to mention all of the insurance companies that are pulling out of the state after deeming support as fiscally non-viable.
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