Housing Bubble 2: Return of the Ugly

The play is to buy the property with cash and be a landlord, renting to the people who work in Florida and can't buy a house. Florida probably has another 10 to 25 years before the beach fronts get submerged, which is a lot of rent money that will reimburse the buying price of the property.

When Florida finally loses to the sea, apply for government aid and get extra money as a lump sum for a property which has been paid for in full.