Monday, October 7, 2013

Realtors tout international sales, but fight over insurance could come back | The Florida Current

We heard this from Jack McCabe last Friday on High Noon in Lake Worth, at least the part about foreign buyers playing heavily in the real estate marketplace. Do you think they have a point here? Click title for link to article.
“Floridians should not be financially responsible for the property insurance needs of homeowners who live out of the state or country. To continue to require all Floridians, including Florida’s business community, to subsidize homeowners property insurance for these individuals is unfair and unjust,” said Tom Feeney, president and CEO of Associated Industries of Florida, a business lobby that's part of the coalition.