Houston is proud of their low regulation and unrestrictive zoning. Requiring flooding insurance would be at odds with their philosophy. However you can't have

Houston is proud of their low regulation and unrestrictive zoning. Requiring flooding insurance would be at odds with their philosophy. However you can't have your cake and eat it too. Other regions have come up with regulations specifically because of the belief that a majority of the population benefits from them. The downside of regulation is cost and inconvenience—and a potential for corruption. If a region decides against regulation then so be it. But then it incombs to its residents to plan their own contingencies (whether in the form of savings or insurance). The article's title is definitely on the click-bait side of the spectrum to cater to a narrative that the rich are overly bearing the burden of everyone else.