Why Florida's Coast Is Becoming the 'Preserve of the Wealthy'

The Journal.

The Wall Street Journal

Business News, News, Daily News

4.2 • 5.8K Ratings

🗓️ 21 October 2022

⏱️ 19 minutes

🔗️ Recording | iTunes | RSS

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Summary

Stronger hurricanes, higher insurance premiums and stricter building codes are changing who can afford life on the coast. After Hurricane Ian, WSJ's Arian Campo-Flores headed to southwestern Florida to see how the state's coastal communities are faring and transforming. Further Reading: - Florida Coastal Living Reshaped by Hurricane Housing Codes - Hurricane Ian Is Latest Blow to Florida’s Struggling Home Insurers - Home Buyers Flock to Florida Cities Devastated by Hurricane Ian - Flattened by Hurricane Michael, Florida Town Tries to Stave Off Big Development Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	How long have you lived in Florida?
0:07.7	Actually, I am a native.
0:09.6	I was born and raised in Hollywood, Florida.
0:13.5	So I've been here my whole entire existence.
0:17.5	That's Trixie Parks.
0:19.0	For the past 15 years, she's been in Fort Myers Beach on Florida's Gulf Coast.
0:26.2	And what do you like about Fort Myers Beach?
0:29.3	When you go to Fort Myers Beach, it was very hometown, a very kind, a very sweet and I wanted
0:35.2	to kind of raise my kids to go to be honest with you.
0:38.3	Did you raise your kids there?
0:39.9	I did.
0:40.9	I did.
0:41.9	Trixie lived and raised her kids in a 1970s cottage her parents bought decades ago.
0:48.9	The cottage was her home and also her livelihood.
0:52.8	She lived downstairs and rented out two units on the second floor.
0:57.2	In Trixie's house, it stood out.
1:00.3	It was adorable.
1:02.3	We had chosen to pick a bright blue color.
1:04.9	It was the only bright blue house on that, in that particular area of the beach.
1:10.0	I had manatees painted on the wall.
1:13.4	I had a big pirate outside.
1:16.6	Everybody recognized my house.
	...

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