This is hilarious. The U.S. Corps of Engineers has dangled a $42 million carrot to replenish sand on beaches in front of expensive houses but the homeowners don't want it at the expense of having to create public access easements (because federal dollars can only go towards improving public, not private, beaches). This town is going to get annihilated by the next big storm because these little tyrants want to keep their beaches private.
I think all it will take is another big storm with insurance defaults cause a massive development flight from Florida or at least the coastline which would create a overall effect of less bougie investments in lots of areas.