Two in five (40.8%) Florida residents have set aside funds for home repairs relating to unpredictable events caused by climate change.
That’s according to a Redfin-commissioned survey conducted by Ipsos Sept. 11-25, 2024. The survey was fielded to 1,802 U.S. residents aged 18-65, 152 of whom indicated that they live in Florida. This report focuses on the following question: Do you agree with the following statement? I set aside funds for home repairs relating to unpredictable events caused by climate change.
Just over one-third (36.8%) of respondents nationwide have set aside money for climate-related repairs.
Florida is currently bracing for the impact of Hurricane Milton. That comes as residents are still recovering from Hurricane Helene.
“Many Americans simply can’t afford to set money aside for natural disasters,” said Redfin Chief Economist Daryl Fairweather. “Inflation, elevated interest rates and the pandemic surge in housing prices have made life much more expensive than it was five years ago. Homeowners across the country, but especially in Florida, are also grappling with surging insurance costs.”
Methodology
The exact wording of the relevant survey question was: “How much do you agree with the following statements?” Respondents were asked to consider five statements. The statement relevant to this report is: “I set aside funds for home repairs relating to unpredictable events caused by climate change.”
Respondents could choose one of five answers: Strongly agree, somewhat agree, neither agree nor disagree, somewhat disagree or strongly disagree. For this report, we have grouped the two agree options and grouped the two disagree options.
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