Florida Homeowners And Consumers Are Being Destroyed…By Their Own Elected Officials
In the coming months, the nascent Florida real estate market is going to be devastated by a variety of factors. One of the biggest factors that will absolutely drive up prices and provide profoundly negative consequences on an already soft market is this bill, which was supported by a wide range of special interest groups, including the National Association of Realtors who are now screaming bloody murder because they realize it’s going to be absolutely devastating for their members.
Worse, the elected officials that are supposed to be representing the interests of their constituents, widely supported this legislation. That’s right….even though this bill has a devastating impact on coastal and areas near any bodies of water…the representatives of these areas supported this legislation.
One of the bigger and more disturbing facts demonstrated by this legislation is elected leaders have no idea what they’re actually voting for when they cast votes for legislation that’s drafted by bought and paid for lobbyists.
And the even bigger problem is we’ll all start to see many more examples of local, state and federal governments dipping their hands into our wallets to pay for the horrifying government that is constructed all around us….
Finally, contrary to some statements, the program is not a drain on taxpayers, the program collected $65.3 billion in premiums since 1978, but only paid out $56.4 billion to policyholders.
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