{"id":78698,"date":"2024-10-10T06:00:19","date_gmt":"2024-10-10T13:00:19","guid":{"rendered":"https:\/\/www.redfin.com\/news\/?p=78698"},"modified":"2024-10-09T16:43:37","modified_gmt":"2024-10-09T23:43:37","slug":"homeowner-hurricane-repair-funds-survey","status":"publish","type":"post","link":"https:\/\/www.redfin.com\/news\/homeowner-hurricane-repair-funds-survey\/","title":{"rendered":"41% of Florida Residents Have Money Set Aside for Climate-Related Repairs: Survey"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Two in five (40.8%) Florida residents have set aside funds <\/span><span style=\"font-weight: 400;\">for home repairs relating to unpredictable events caused by climate change.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">That\u2019s 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: <\/span><i><span style=\"font-weight: 400;\">Do you agree with the following statement? I set aside funds for home repairs relating to unpredictable events caused by climate change.\u00a0<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">Just over one-third (36.8%) of respondents nationwide have set aside money for climate-related repairs.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Florida is currently bracing for the impact of Hurricane Milton. That comes as residents are still recovering from Hurricane Helene.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cMany Americans simply can\u2019t afford to set money aside for natural disasters,\u201d said Redfin Chief Economist <\/span><a href=\"https:\/\/www.redfin.com\/news\/author\/darylfairweather\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Daryl Fairweather<\/span><\/a><span style=\"font-weight: 400;\">. \u201cInflation, 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.\u201d<\/span><\/p>\n<p><b>Methodology<\/b><\/p>\n<p><span style=\"font-weight: 400;\">The exact wording of the relevant survey question was: \u201cHow much do you agree with the following statements?\u201d Respondents were asked to consider five statements. The statement relevant to this report is: \u201cI set aside funds for home repairs relating to unpredictable events caused by climate change.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">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.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Two in five (40.8%) Florida residents have set aside funds for home repairs relating to unpredictable events caused by climate change.\u00a0 That\u2019s 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 [&hellip;]<\/p>\n","protected":false},"author":13346,"featured_media":78699,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[52,43],"tags":[565,630,40,20,35],"dashboard":[],"coauthors":[125],"class_list":["post-78698","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-climate-change","category-housing-equality-policy","tag-climate","tag-climate-change","tag-environmental","tag-housing-affordability","tag-redfin-surveys"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.7 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>41% of Florida Residents Have Money Saved for Climate-Related Repairs<\/title>\n<meta name=\"description\" content=\"Two in five Florida residents have set aside funds for home repairs related to unpredictable events caused by climate change, a Redfin 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