The recent spate of hurricanes saw one of them, Hurricane Irma, cause 1000s of mobile homes and trailers to be severely damaged or lost in the Florida Big Pine Keys area. Due to building regulations in the county, owners of such homes are prohibited from repairing the damage caused and thus, are faced with the need to find new accommodation. However, since this tends to be more costly than what they can afford, they are being pushed out away from the waterfront and are being replaced by wealthier residents moving into newly built and more expensive houses, a trend recently named “climate gentrification”.
In other parts of the country, a recent Harvard study found that demand is rising for housing on higher elevations, as worries over sea level rise become more real.