Equity LifeStyle Properties, Inc. (NYSE:ELS) Q4 2023 Earnings Call Transcript

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Marguerite Nader: Right. I think as Paul mentioned about the real estate tax and the ability to pass through, that’s always been a really positive thing for us in the state, primarily because the residents are able to go with us to the tax assessor to talk about the impact. That’s a very powerful message. So that helps to keep tax rates in check. And with respect to insurance, we have seen times where there’s been an increase in insurance premiums and then there’s a moderation as storm events kind of moderate. So we’ll be looking to see if we are able to take advantage of that. But the main thing, as it relates to storms in Florida, after the storm clears, everyone is out and wants to get out there and be active in the floor to sunshine. So I think that will continue.

Operator: Since there are no further questions on the line at this time. This does conclude the question-and-answer session, and I’d like to hand the program back to Marguerite Nader for any further remarks.

Marguerite Nader : Thank you all very much for joining today. We look forward to updating you on our next quarter’s call. Take care.

Operator: Thank you, ladies and gentlemen, for your participation in today’s conference. This does conclude the program. You may now disconnect. Good day.

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