Current Events — HabitableZone

Current Events » in reply to In places like Grand Isle there are US$1 Million Plus homes being built on stilts...

insurance

The government has cheerfully agreed to insure structures built in places that would bankrupt private insurance companies. Without this, hazardous areas would soon have a lot fewer people in it.

Wouldn't mind seeing a study comparing the economic input of these areas (and it is a lot) against the economic cost of having to rebuild them every few years.

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