No Hurricane Will Make Rich People Leave Florida
Briefly

When asked about the resilience of local populations post-disasters, mayor Sam Henderson stated that the cost of repairs may drastically alter the character of Gulfport. He reflected on how "there will be a different kind of people who can afford to live here, moving forward," implying that the socioeconomic dynamics of the area are shifting and low-income residents could be priced out due to the renovation costs post-hurricane.
Researcher Joshua Graff Zivin highlighted surprising data regarding housing markets in Florida, asserting "the incidence of these events, especially big ones, are sufficiently salient that people are like, 'Oh hell, I don't want to live there...'" This indicates a disconnect between perception and reality regarding the effects of hurricanes on the desirability of living in storm-prone areas.
Read at Slate Magazine
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