this post was submitted on 10 Oct 2024
215 points (96.9% liked)
Microblog Memes
5863 readers
3199 users here now
A place to share screenshots of Microblog posts, whether from Mastodon, tumblr, ~~Twitter~~ X, KBin, Threads or elsewhere.
Created as an evolution of White People Twitter and other tweet-capture subreddits.
Rules:
- Please put at least one word relevant to the post in the post title.
- Be nice.
- No advertising, brand promotion or guerilla marketing.
- Posters are encouraged to link to the toot or tweet etc in the description of posts.
Related communities:
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Lots of insurers have left the Florida markets entirely, because they're spending more paying out claims than they can take in for premiums. The ones that remain have sky-high premiums, thousands of dollars each month in some cases, because they're pretty sure that they will have to pay out claims. The result is that many homeowners in Florida can no longer afford insurance. Since you need to have insurance on a home in order to get a mortgage, that makes buying a home in Florida really expensive, unless you can pay cash up front.