When insurance costs rise faster than payroll, you know you’re in deep—well, water. Multifamily owners might feel like they’re underwriting the next hurricane themselves. Wood-frame apartments and waterfront views are lovely until they become line items insurers use to drain you dry. Maybe it’s time for owners to install life rafts and fire extinguishers as signing bonuses. After all, who needs a 3% payroll bump when you’re paying for the privilege of surviving nature’s whims! https://lnkd.in/e9Dv7qyN