Florida couple sues BP over property value

Posted by Elizabeth Stewart - email

CLEARWATER, FL (WFLX) - A class action lawsuit is currently underway here in Florida against BP. This is because the value of homes along the West Coast have dropped 25 percent following the spill.

Lawyers say the lawsuit is not about money, it's about retaining the value of homes.

"No one wants to buy real estate on this coast until they know what's going to happen because we don't know what we're buying," said Attorney Spiro Verras. He also said that just the perception of oil on Florida's shores has already made an impact on our economy.

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