I do think it is a fairly safe prediction that these major hurricanes hitting the gulf coast are likely to become more frequent as the years pass, though. And certainly on the Wast coast. Many areas like Miami and the Keys already flood in fairly mundane storms—it will only get worse as heavier rain and storm surge becomes more regular.
That’s based on not only independent climate forecasts but also insurer (and reinsurer) actuary forecasts, hence the property insurance crisis in Florida.
So is buying property in Florida a good long term investment?