For newly constructed apartment complexes: it is 100% a very high weight. Because the companies building those aren’t stupid. They know these won’t be up for decades making profit over time. They need to make back their investment before the state sinks or the building becomes condemned.
Houses? Those are pretty much normal, if a bit under, national average last I checked. Because the bank doesn’t care. If your house gets washed away then they get some FEMA cash and you are still on the hook for the mortgage on the sewage stained remnants of your foundation.
For newly constructed apartment complexes: it is 100% a very high weight. Because the companies building those aren’t stupid. They know these won’t be up for decades making profit over time. They need to make back their investment before the state sinks or the building becomes condemned.
Houses? Those are pretty much normal, if a bit under, national average last I checked. Because the bank doesn’t care. If your house gets washed away then they get some FEMA cash and you are still on the hook for the mortgage on the sewage stained remnants of your foundation.