Florida coastal homeowners have always known there are high risks. There are these things called hurricanes that can level your house in one go, and they happen

Florida coastal homeowners have always known there are high risks. There are these things called hurricanes that can level your house in one go, and they happen every year. A few inches of rain is just one of several concerns, and yet for decades the market has been strong, even shortly after hurricanes. Lots of South Florida floods every year, inland and coastal, and nobody sells their house just because it floods. If the boats can't make it under the bridge, they'll just put in locks; they've worked for a thousand years, so they can probably work for the Venice of America. And there are many cities throughout the world located near the ocean and under sea level. The only risky part of South Florida real estate are giant condos in Miami, which have a habit of becoming empty. If you're a homeowner, though, your land will pretty much always have value until it is completely under water. Even then, they may just develop into Stiltsville 2.0.