More from the article...

... Sky-high insurance rates and condo fees, stemming in part from extreme weather, are weighing more heavily against the benefits of year-round sunshine and zero income tax, complicating an already tough situation with borrowing costs.

The climate cost burden on state homeowners isn't likely to ease soon. "This is a non-cyclical phenomenon," said Jesse Keenan, a real estate professor at Tulane University who focuses on climate adaptation. "This is resetting the baseline values of housing in Florida." ...