South Florida’s underwater homeowners are drying out: report

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Florida used to be located at the South Pole. As part of the continent Gondwana 650 million years ago, the foundation of Florida was tucked between the land masses that would become South America.

(AP) – The "Underwater Homeowners Association" sounds like a. It runs along what constitutes high ground in South Florida – a narrow coral ridge that appears to stay dry when models of sea level.

Not far from the scuba diving haven of John Pennekamp Coral Reef State Park in Key Largo, Florida, you can find a different way to scan the serenity of underwater life while staying warm and dry.

SUMMERLAND KEY, FL (July 19, 2010) – An underwater. out ultraviolet light, and if water contains certain chemical components of oil, these chemicals will absorb the light and re-emit it as.

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 · ”It would dry out 150,000 acres of vegetation,” said Paul Gray, an audubon florida scientist who specializes in Lake Okeechobee research. Ramon Iglesias, manager of.

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By 2045, nearly 64,000 homes in Florida face flooding every other week. Half of those are in south. affects home value,” she said. By the end of the century, Florida’s number of at-risk homes jump.

An insurer is not required to make the offers required by this subsection with respect to the issuance or renewal of a homeowner’s policy that contains the provisions specified in paragraph (b) for law and ordinance coverage limited to 25 percent of the dwelling limit, except that the insurer must offer the law and ordinance coverage limited to 50 percent of the dwelling limit.

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Once one of the country's worst regions for underwater homeownership, a new report shows South Florida's housing market is headed to.

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