Row 79745

Row ID: 79745 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 79745 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

As someone born and raised in Florida, I think the writing is on the wall but not enough people see it. The coastal property market is going to absolutely collapse whenever we get the big one. We've come close. A cat5 hugging the coast from Miami to Daytona, that would do it. All coastal condos will become uninsurable and the ripple effects on the rest of the economy will be profound. Basically you're talking about the wheels coming off the entire economy and how everything works. But it hasn't happened yet.

I would wager that most people moving to Florida are still operating off the old information that this is the way to go. And it can take a long time for conventional wisdom to catch up.

The wife and I moved to the Pacific Northwest because it should weather climate change easier.

FieldValue
text As someone born and raised in Florida, I think the writing is on the wall but not enough people see it. The coastal property market is going to absolutely collapse whenever we get the big one. We've come close. A cat5 hugging the coast from Miami to Daytona, that would do it. All coastal condos will become uninsurable and the ripple effects on the rest of the economy will be profound. Basically you're talking about the wheels coming off the entire economy and how everything works. But it hasn't…
label r/economics
dataType comment
communityName r/Economics
datetime 2024-05-24
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Raw Record

{
  "text": "As someone born and raised in Florida, I think the writing is on the wall but not enough people see it. The coastal property market is going to absolutely collapse whenever we get the big one. We've come close. A cat5 hugging the coast from Miami to Daytona, that would do it. All coastal condos will become uninsurable and the ripple effects on the rest of the economy will be profound.  Basically you're talking about the wheels coming off the entire economy and how everything works. But it hasn't happened yet. \n\nI would wager that most people moving to Florida are still operating off the old information that this is the way to go. And it can take a long time for conventional wisdom to catch up. \n\nThe wife and I moved to the Pacific Northwest because it should weather climate change easier.",
  "label": "r/economics",
  "dataType": "comment",
  "communityName": "r/Economics",
  "datetime": "2024-05-24",
  "username_encoded": "Z0FBQUFBQm5Lak1rM1hQYXpsT3FNcXN5S2h6c044bVprMTBkYWFyckwwZjRzcnF0aHk1NFFaSFJONEJINGNieFQ5TmIwRWRUd0F4UU1NWnBaRTZFb3hBeVNXaEJPeFJ3SHc9PQ==",
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}
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