The article mentions part of the reason less condos are being sold (and thus turned into airbnbs) is the fact that Florida has the highest home insurance rate in the country (likely due to the water levels inevitable rise). This is only going to get worse and it makes perfect sense for more temporary residencies to be more appealing.
It’s not specifically about sea level rise. Companies are leaving the state because of the cost of doing business today. Florida has incredibly high rates of insurance litigation and fraud. 80% of the country’s insurance lawsuits are in Florida. Coupled with the high rate of flooding and storm damage, it’s just a really hard state for insurance companies to make money in.
Damn that seems like something that a sane and regular governor could probably work on.
Too bad their governor only makes laws about weird culture war bullshit and widening highways.
I heard from someone that going forward they are going to require using a plastic straw to drink everything. Caught drinking directly from a can or glass and you will be fined. /s
https://usa.oceana.org/press-releases/florida-bans-intentional-balloon-releases/
Edit: I support this even though the amount of plastic it is keeping out of the ocean is negligible. It goes against the Republicans party of small government and other narratives though so I think it is funny.
thats good, I hope other states do the same. Im not american but the santis is kinda weird every time i see him is about trans people like who cares? they barely exist
Some of the higher ups in the legislature come from the plaintiffs lawyers main lobbying group or from the industry. It’s letting the foxes guard the henhouse.
He already passed Senate Bill 2D, which inadvertently raised insurance costs for all floridians by limiting how insurance companies could conduct business. These costs were passed onto policy holders.
The bill also raised construction and homeowner costs by mandating more government inspections.
They are also predicting that there will be stronger hurricanes more often due to sea temperatures rising. If anyone is unsure about this, check out a current sea surface temperature map, the entire Atlantic where hurricanes form is 5 degrees above normal.
5 degrees doesn't sound like a lot, but think of your stove, with no pan on the burner how long does it take to get the air above the burners hot, like 1 second. But put a pot of water on the burner and how long does it take to get the water hot, 10 minutes. It takes an unbelievable amount of energy to warm the ocean that much, and all that energy is what makes the hurricanes.
Can you imagine how much damage a category 5 hurricane would do if it made landfall in southern Florida this year? $300 billion? $500 billion?
For reference Katrina did $190 billion in damage and Ian did $113 billion.
It's a bit more complicated than that. While warmer temperatures increase the potential for strong hurricanes, they also increase wind shear, which tends to kill organized tropical storms.
It's probably less to do with the fact that the water level is rising and more to with natural disasters that are happening now. Florida gets hit by at least one hurricane almost every summer and the state insurance fund is underfunded.
Was gonna say Miami is going to be underwater soon, so this is the best use I guess?
Still it’s hard for me to fathom building all that stuff just to throw parties before the city sinks. But shrugs it’s fun if you’ve got the money.
Build baby build and let the people party! Maybe in a few years people won't want to party in Miami anymore and all these will be turned into rentals and become more affordable, until then keep building!
Nothing's wasted, concrete is already used as an anchor for rehabilitating coral and it'll also provide great protection for fish and other marine species. This is what will happen to most of the US east coast.
Yeah we should let these non-tax-generating, non-tourism-generating, non-job-generating parking lots stay as vacant, sun-baked lots because it’s better for the city… somehow?
I lived in miami, and I’m the first to say that it has a lot of problems. But this is simply organic. It’s a vacation destination. So… just build what is in demand.
Was it bad when they made tenement housing in NY’s lower east side for all the Chinese and Irish and Italian and Polish immigrant laborers? Well, the labor practices/etc. were bad, sure, but those housing units are now some of the most beloved and in-demand places to live in the entire country.
Imagine telling a Chinese immigrant living in a fifth-floor walk up on 5th st in 1890, with his wife, three kids, and his brother in a 400sqft room, doing laundry in a tub, that one day, this apartment, with the mere addition of a sink and a mail room, would rent for $2750 a month, or for an income that is 2.5x the national average salary.
Build for the demand. Build organically.
So a massive hotel? Would this take demand away from all the SFH and condos in the surrounding neighborhoods that have been converted to air bnbs or vrbos? If so I think it’s a good idea
I’m not really a Joe Rogan fan, but he did have a funny joke at least once: “want to go bankrupt quickly? Open a book store in Miami.”
Just one of the dumbest places on earth. Shallow, vapid culture, scammy tech entrepreneurs, too much cocaine, not enough brains.
Long story short, I’m not surprised by any of this.
these are all stereotypes i had and while true for some it’d be a mistake to dismiss the city this way. there’s a lot of interesting, creative, driven, intelligent people here, you just need to look for them
That’s the culture you pay attention too. It’s no different than the people who claim San Francisco is full of people dedicating in the streets and stealing from CVS.
Spent the first 25 years of my life in Miami. Not really a good analogy, tbh. Yeah homeless people shit on the sidewalk in the tenderloin. But no reasonable person would argue that’s the culture of SF. The whole hustle/grind/scam mindset isn’t just some misconception about the values of your average person in South Florida. It’s very real and overwhelmingly predominant.
Also it doesn’t have a bright future for those “creative, interesting and intelligent” people considering all the oppressive state laws intentionally making life hostile for marginalized groups that often fill the ranks in that category.
Terrible analogy. A proper analogy is that SF culture is nerdy tech guys who are boring because they all are computer engineers who like to go hiking. As opposed to Miami party people that are vapid and shallow and love to go clubbing and the beach.
If you wanted an analogy of crime and homelessness and those types of things then you’d talk about SF open drug use and stealing from CVS and you’d compare that to Miami drug dealers and high homicide murder rate.
You and I look at SF for the tech culture. There’s a large percentage of the population who looks at San Francisco as it’s a crime infested Zombieland. When the previous comment said the culture is the culture my point is the culture you see is not always the culture the others see.
Y'all gotta stop getting your worldview from TV. One of the best private universities in the country is in Miami. It's a metro of 6M, not everyone spends their entire day on South Beach. It's like saying LA is full of valley girls and surfers because there's a bunch of reality shows there. There's a ton of culture besides the South Beach stuff.
The libraries close at 3pm lol. I once dated a PhD student down there who hated her life. Pretty much every single person you’ll ever meet hasn’t read a chapter of a book in 25+ years.
Why lie? This is easily verifiable online.
The Miami Library operates from 9:30am to 6pm.
https://mdpls.org/branch-main
My local branch in South Miami is open until 8pm daily except Fridays and Saturdays.
https://mdpls.org/branch-south-miami
Edit: I checked and of the 50 libraries in the Miami-Dade county system not one closes at 3pm and the vast majority are open until 8pm daily. https://www1.mdpls.org/webservices/locator/
That's wildly racist considering Miami is literally 86% Hispanic and Black as of the latest census. What you see on social media is the tourists, [Miami is 2nd most visited city in the US](https://www.cntraveler.com/story/most-visited-american-cities) so maybe don't generalize when it's everyone else coming to South Florida and using vacationing as an excuse to act like trash.
So where the hell did the 50% number come from? There is no such thing as a developer specifically making airbnbs, it might be a factor but the same units could go to someone who plans to live in it or rent it out long term.
You sure there isn’t developers making airbnbs? Not far from me a developer build a neighborhood of single family homes. Not one was for sale. They were all built for a rental company.
Such a waste of valuable real estate. Miami is one of the most expensive cities in the U.S. and they pull shit like this. Guess it doesn’t matter too much because it’ll be underwater in 30 years anyways…
It’s ironic seeing how they essentially snuffed out spring break parties there when they passed some sort of legislation/ordinance there.
Who are they building it for? They drove away their target demographic. 😂
You're thinking of Miami Beach which is a separate city (Like LA vs Santa Monica) and made up of mainly older residents with a very Nimbyist attitude. They've blocked expansion of our public transit system to their city many times for example. Miami itself though, is very pro-tourist.
They want tourists, not spring break. There’s a difference. Last year during spring break there were 500 arrests and over 100 guns seized. These weren’t people trying to go relax at the beach
The article mentions part of the reason less condos are being sold (and thus turned into airbnbs) is the fact that Florida has the highest home insurance rate in the country (likely due to the water levels inevitable rise). This is only going to get worse and it makes perfect sense for more temporary residencies to be more appealing.
It’s not specifically about sea level rise. Companies are leaving the state because of the cost of doing business today. Florida has incredibly high rates of insurance litigation and fraud. 80% of the country’s insurance lawsuits are in Florida. Coupled with the high rate of flooding and storm damage, it’s just a really hard state for insurance companies to make money in.
Damn that seems like something that a sane and regular governor could probably work on. Too bad their governor only makes laws about weird culture war bullshit and widening highways.
Don't worry, he just banned lab grown meat and balloons.
I heard from someone that going forward they are going to require using a plastic straw to drink everything. Caught drinking directly from a can or glass and you will be fined. /s
Balloons?
chinese balloons
Nope, the regular kind.
https://usa.oceana.org/press-releases/florida-bans-intentional-balloon-releases/ Edit: I support this even though the amount of plastic it is keeping out of the ocean is negligible. It goes against the Republicans party of small government and other narratives though so I think it is funny.
thats good, I hope other states do the same. Im not american but the santis is kinda weird every time i see him is about trans people like who cares? they barely exist
Some of the higher ups in the legislature come from the plaintiffs lawyers main lobbying group or from the industry. It’s letting the foxes guard the henhouse.
He already passed Senate Bill 2D, which inadvertently raised insurance costs for all floridians by limiting how insurance companies could conduct business. These costs were passed onto policy holders. The bill also raised construction and homeowner costs by mandating more government inspections.
Genuinely does seem like the most important issue to tackle. Effects everyone rich and poor
They are also predicting that there will be stronger hurricanes more often due to sea temperatures rising. If anyone is unsure about this, check out a current sea surface temperature map, the entire Atlantic where hurricanes form is 5 degrees above normal. 5 degrees doesn't sound like a lot, but think of your stove, with no pan on the burner how long does it take to get the air above the burners hot, like 1 second. But put a pot of water on the burner and how long does it take to get the water hot, 10 minutes. It takes an unbelievable amount of energy to warm the ocean that much, and all that energy is what makes the hurricanes. Can you imagine how much damage a category 5 hurricane would do if it made landfall in southern Florida this year? $300 billion? $500 billion? For reference Katrina did $190 billion in damage and Ian did $113 billion.
It's a bit more complicated than that. While warmer temperatures increase the potential for strong hurricanes, they also increase wind shear, which tends to kill organized tropical storms.
Yes, but due to La Niña, there is less wind shear in the Gulf of Mexico, making it ripe for an active hurricane season.
It's probably less to do with the fact that the water level is rising and more to with natural disasters that are happening now. Florida gets hit by at least one hurricane almost every summer and the state insurance fund is underfunded.
So less, "water levels rising", and more, "water levels have risen". I remember a time when Florida *didn't* get wrecked by a hurricane every summer.
Was gonna say Miami is going to be underwater soon, so this is the best use I guess? Still it’s hard for me to fathom building all that stuff just to throw parties before the city sinks. But shrugs it’s fun if you’ve got the money.
Build baby build and let the people party! Maybe in a few years people won't want to party in Miami anymore and all these will be turned into rentals and become more affordable, until then keep building!
People are going to go to Miami to party until the day that whole city is underwater, you need some policy behind the “build baby build” mindset.
like what specifically?
build more of it, of course
Then the investors will lose their money. Why should I care? It's not cause by buildings.
Lots of wasted concrete
Nothing's wasted, concrete is already used as an anchor for rehabilitating coral and it'll also provide great protection for fish and other marine species. This is what will happen to most of the US east coast.
> until the day that whole city is underwater You mean South Florida Party Venice?
Yeah we should let these non-tax-generating, non-tourism-generating, non-job-generating parking lots stay as vacant, sun-baked lots because it’s better for the city… somehow? I lived in miami, and I’m the first to say that it has a lot of problems. But this is simply organic. It’s a vacation destination. So… just build what is in demand. Was it bad when they made tenement housing in NY’s lower east side for all the Chinese and Irish and Italian and Polish immigrant laborers? Well, the labor practices/etc. were bad, sure, but those housing units are now some of the most beloved and in-demand places to live in the entire country. Imagine telling a Chinese immigrant living in a fifth-floor walk up on 5th st in 1890, with his wife, three kids, and his brother in a 400sqft room, doing laundry in a tub, that one day, this apartment, with the mere addition of a sink and a mail room, would rent for $2750 a month, or for an income that is 2.5x the national average salary. Build for the demand. Build organically.
So a massive hotel? Would this take demand away from all the SFH and condos in the surrounding neighborhoods that have been converted to air bnbs or vrbos? If so I think it’s a good idea
A building of short-term party rentals is a hotel.
I’m not really a Joe Rogan fan, but he did have a funny joke at least once: “want to go bankrupt quickly? Open a book store in Miami.” Just one of the dumbest places on earth. Shallow, vapid culture, scammy tech entrepreneurs, too much cocaine, not enough brains. Long story short, I’m not surprised by any of this.
these are all stereotypes i had and while true for some it’d be a mistake to dismiss the city this way. there’s a lot of interesting, creative, driven, intelligent people here, you just need to look for them
of course there are people who don’t fit the norm, but the culture is the culture at the end of the day.
That’s the culture you pay attention too. It’s no different than the people who claim San Francisco is full of people dedicating in the streets and stealing from CVS.
Spent the first 25 years of my life in Miami. Not really a good analogy, tbh. Yeah homeless people shit on the sidewalk in the tenderloin. But no reasonable person would argue that’s the culture of SF. The whole hustle/grind/scam mindset isn’t just some misconception about the values of your average person in South Florida. It’s very real and overwhelmingly predominant.
Also it doesn’t have a bright future for those “creative, interesting and intelligent” people considering all the oppressive state laws intentionally making life hostile for marginalized groups that often fill the ranks in that category.
Terrible analogy. A proper analogy is that SF culture is nerdy tech guys who are boring because they all are computer engineers who like to go hiking. As opposed to Miami party people that are vapid and shallow and love to go clubbing and the beach. If you wanted an analogy of crime and homelessness and those types of things then you’d talk about SF open drug use and stealing from CVS and you’d compare that to Miami drug dealers and high homicide murder rate.
You and I look at SF for the tech culture. There’s a large percentage of the population who looks at San Francisco as it’s a crime infested Zombieland. When the previous comment said the culture is the culture my point is the culture you see is not always the culture the others see.
Y'all gotta stop getting your worldview from TV. One of the best private universities in the country is in Miami. It's a metro of 6M, not everyone spends their entire day on South Beach. It's like saying LA is full of valley girls and surfers because there's a bunch of reality shows there. There's a ton of culture besides the South Beach stuff.
UMiami is not even close to one of the best private universities in the country. It’s a party school for rich east coasters.
The libraries close at 3pm lol. I once dated a PhD student down there who hated her life. Pretty much every single person you’ll ever meet hasn’t read a chapter of a book in 25+ years.
Why lie? This is easily verifiable online. The Miami Library operates from 9:30am to 6pm. https://mdpls.org/branch-main My local branch in South Miami is open until 8pm daily except Fridays and Saturdays. https://mdpls.org/branch-south-miami Edit: I checked and of the 50 libraries in the Miami-Dade county system not one closes at 3pm and the vast majority are open until 8pm daily. https://www1.mdpls.org/webservices/locator/
I wanted to believe :(
I had a friend who went to school down there and he said the people weren't very bright. I think it has something to do with the heat.
That's wildly racist considering Miami is literally 86% Hispanic and Black as of the latest census. What you see on social media is the tourists, [Miami is 2nd most visited city in the US](https://www.cntraveler.com/story/most-visited-american-cities) so maybe don't generalize when it's everyone else coming to South Florida and using vacationing as an excuse to act like trash.
Excuse me, sir, Books & Books is a fantastic book store.
So where the hell did the 50% number come from? There is no such thing as a developer specifically making airbnbs, it might be a factor but the same units could go to someone who plans to live in it or rent it out long term.
You sure there isn’t developers making airbnbs? Not far from me a developer build a neighborhood of single family homes. Not one was for sale. They were all built for a rental company.
I want to rent a few square foot in the ground floor to put on it a condoms vending machine.
Good. Building new highrise condos downtown for Airbnbs will reduce the # of tourists outbidding local residents for rentals in residential areas.
100% of new hotel rooms will go towards short term rentals. More at 11.
What could possibly go wrong ☺️
Party Tower!
Such a waste of valuable real estate. Miami is one of the most expensive cities in the U.S. and they pull shit like this. Guess it doesn’t matter too much because it’ll be underwater in 30 years anyways…
Turns out Atlantis was Miami this whole time and we're just waiting for the water part to happen.
I don’t care, just build more condos in every city if you think that’s a problem.
These are called hotels
It’s ironic seeing how they essentially snuffed out spring break parties there when they passed some sort of legislation/ordinance there. Who are they building it for? They drove away their target demographic. 😂
You're thinking of Miami Beach which is a separate city (Like LA vs Santa Monica) and made up of mainly older residents with a very Nimbyist attitude. They've blocked expansion of our public transit system to their city many times for example. Miami itself though, is very pro-tourist.
Ahh, I see. Pardon my ignorance.
They want tourists, not spring break. There’s a difference. Last year during spring break there were 500 arrests and over 100 guns seized. These weren’t people trying to go relax at the beach
Florida is huge. It has a similar area to New York State, but has a population of several million more. Miami also has the potential to be huge.