Florida is becoming uninhabitable.

Hurricane Helene came through and hit Florida, causing massive amounts of destruction in Tampa and St. Petersburg. The biggest issue was massive flooding, which resulted in many homes being evacuated and unoccupiable due to water damage.

This will likely cause Florida's housing market to worsen in 2024 and 2025, as demand declines due to the Hurricane and inventory on the market increases.
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[ReventureConsulting]

Pretty shocking being on the ground here and seeing it with my own eyes.

I spoke to probably 10 different homeowners today who had issues. Many said "I've lived here 30 years, and this is the first time my house flooded".

Lots of pain and angst right now among many homeowners in Florida. Here's to hoping for a speedy recovery.

[katherinepennington]

This neighborhood was built on a wetland, it always floods. It should have never been built on.

[spadefish]

I’m 60 years old, never lived anywhere but Florida…Is it a crisis when people with no common sense build houses in a flood zone that they can’t afford to lose?…Always remember this about hurricanes…the wind may scare you, but the water will kill you.

[leok]

I retired last year, considered moving to Florida and was looking at newer builds (2015+) because I figured those would be built with consideration for hurricanes/floods... but NO. A lot of new development was happening on some of the most prone to flooding locations.

Developers don't care, they just buy cheapest land, throw up homes and stick hapless buyers with the problems.

[surfzion]

Everybody is "Free market guy" until disaster, cancer or financial crash hits.

[sarahrawlins]

St Pete native. Don't move here. Totally agree w the title of uninhabitable.

[Scrap-dog]

Beware of buying a used car in Florida after then storms.

[ziff_]

Lived in FL for 25 years, got out 2.5 years ago, and will never, ever go back. Do NOT move there. You've been warned.

[HeavyMetal]

Been to Florida a hundred times, could NEVER imagine living there. Shit happens anywhere but you’re just begging for it living there.

[gameingHyenia]

Should NEVER been allowed to build in the FLOOD areas. NEVER

[FloridaNative]

Born in Florida and lived here all my life, house is paid for, concrete block with galvalume steel roof, slab of house sits @ 43 feet above sea level. This housing market needs to crash. I am sick of paying for other people's stupid decisions. Use some common sense people, this state is a giant sand bar with numerous swamps. Where to build a home and live is not rocket science.

[sherylpeters]

Imagine if the mangroves had not been destroyed by developers.

[stanhartman]

All of florida is swamp land, you got sold swamp land.

[ChetHanks-ehmd]

Kind of blowing my mind that people dont build houses at least 10 feet off the ground in a place that everyone knew would be under water every 10 years in a former swamp.

[barryetherton]

People should have never been allowed to build there, it's like building in a river.

[green-user]

Or maybe....people need to stop building/living in the lowlands...no matter how cute it is.

[MarieHolliday]

Iam in the process of exiting out of Florida within the next six months nowhere in Florida is safe

[actionjax]

People choose to live in the risky areas near the coast. Floridians inland should not have to pay higher taxes to cover the coast peoples higher insurance costs.

[mikec]

In 2019, Florida was affordable. In just a couple years, homes doubled or more. Mainly because of investors, house flippers and all the people pouring into the state, convinced that Florida was a bastion of freedom. This wasn’t inflation, it was supply and demand. A feeding frenzy. The investors and the disenchanted are leaving. If you bought after 2020/2021 you paid way too much. That $650, 000 house was probably worth under 300, 000 a few years earlier. Any body from the area knows Shore Acres has a bad flooding problem, even without a hurricane. If the prices go back to where they should be, it’s gonna get ugly.

[waltpagan]

and this is why that 650k house in St. Pete is actually worth 150k to 250k at most