Should you require alternatives, I can arrange for access to more secure, gated island communities such as La Gorce, Bal Bay Drive, or Indian Creek Circle.
Climate change and rising sea levels will make properties in low lying areas and coastal areas impossible to insure. Banks will be reluctant to give a mortgage for 15 or 30 years because the property may be under water. Selling properties to average buyers will become impossible in the future as banks and mortgage companies stop making loans for these properties. Coastal areas are a high risk for insurance and extreme weather like hurricanes. People will have to self insure and take the risk of loss. Condo associations are losing their insurance and if they find a new higher cost policy they will be passing on the higher costs to association members. Flooded cars from hurricanes were filling the salvage lots. Insurance companies will raise rates and pass on the costs and risks to policy holders next year. Coastal properties will be confined to wealthy individuals that can buy properties with cash and self insure for losses from hurricanes or rising sea levels.
Excelente video !! Gracias !!
Gracias a ti!
PINE TREE DRIVE 🎥 TY : )
......Excellent video, thank you... ...Artist, Old Naples Florida🌴🎨
Glad you enjoyed it
😮
❤
......What happened too! ! ! PUFF Diddey Diddey Doo Poo Poo?
I was interested in one of those estates until I found out that criminal P.Diddy and Rick Ross live there. NO THANKS!
Should you require alternatives, I can arrange for access to more secure, gated island communities such as La Gorce, Bal Bay Drive, or Indian Creek Circle.
Climate change and rising sea levels will make properties in low lying areas and coastal areas impossible to insure. Banks will be reluctant to give a mortgage for 15 or 30 years because the property may be under water. Selling properties to average buyers will become impossible in the future as banks and mortgage companies stop making loans for these properties. Coastal areas are a high risk for insurance and extreme weather like hurricanes. People will have to self insure and take the risk of loss. Condo associations are losing their insurance and if they find a new higher cost policy they will be passing on the higher costs to association members. Flooded cars from hurricanes were filling the salvage lots. Insurance companies will raise rates and pass on the costs and risks to policy holders next year. Coastal properties will be confined to wealthy individuals that can buy properties with cash and self insure for losses from hurricanes or rising sea levels.