A recent study found that development of Florida's wetlands has resulted in significant flood damages for homeowners. 6 billion. The study, which was conducted by the Massachusetts Institute of Technology, examined the impact of Florida's wetland mitigation banking program on flood risk in urban areas.

Further details on the study's findings, including the effects of wetland development on flood risk, are available from the original source, which reported on the issue and its implications for homeowners in the state.