Mark Cuban WARNS: Florida’s Real Estate "Death Spiral" Has Begun

Mark Cuban Warns: Florida’s Real Estate "Death Spiral" Has Begun

You just bought a beautiful home in Miami for four hundred thousand dollars. You are moving boxes in, maybe planning where the TV goes. Then your insurance bill arrives. Twelve thousand dollars, not for the year. Wait, no, that is the bill for the year. One thousand dollars a month just for insurance, not your mortgage insurance. And Mark Cuban, the Shark Tank billionaire, went nuclear about this exact problem. He said Florida has a secret crisis nobody is talking about. And when a guy worth five billion dollars starts warning people about real estate, man, you better listen. So, here is what happened. A regular person in Florida messaged Mark Cuban on social media and said they had brand new houses built down there, beautiful homes with affordable prices, but the houses were just sitting there empty. Cuban did not give a corporate response. No, he went full truth bomb mode. He said insurance costs are going to destroy Florida's housing market worse than anything else, worse than interest rates, and worse than home prices. Insurance. Think about that. The guy who has seen every business trend, who called the dot crash, who has made billions reading markets. He is saying insurance is the thing that is going to wreck Florida real estate, not hurricanes, not climate change directly, the insurance that is supposed to protect you from those things. Okay.

So, here's the thing nobody wants to admit. Mark Cuban just called out the beginning of the end for Florida real estate as we know it. This is not about market cycles or interest rates or any of that normal stuff. This is about a fundamental breakdown of the system. You cannot have a functioning real estate market when insurance costs make homes unviable. You cannot have a state economy based on property when the property becomes uninsurable. You cannot have the Florida dream when that dream costs one thousand dollars a month just to not lose everything. The scariest part, Cuban is not some doomsday prepper. He is not trying to crash Florida's market. He is stating facts. And when one of the smartest money guys in America tells you there is a massive problem. There is a massive problem. Florida's insurance crisis is not coming. It is here right now. And according to Mark Cuban, it is about to destroy

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