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Eldercare
Reply to "Is FL now off the list for places to retire?"
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[quote=Anonymous]Interesting how many negative comments about Florida in general and the sinking of the coastline in particular. I actually understand that there is some risk at some point, but when that will happen is speculation at best. In the meantime prices for Gulf front properties are increasing at double-digit rates so the buying market apparently disagrees with many on this thread. I purchased a Gulf front condo for $1.45MM in January of 2016. The unit directly above me sold this past March for $1.75MM. While that gives me a good feeling about my investment, I’m not selling in the foreseeable future so it really doesn’t matter. If my place sinks I will get something from the insurance company but obviously not market value. I really don’t care and it won’t impact my life if I have to find a new home. In the meantime I’m enjoying the winter months in a beautiful environment. YMMV [/quote]
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