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People keep demanding they spend money on disaster relief and flood insurance. At a certain point it's better (cheaper) to demolish the houses in places that ke
by nitwit005 7y ago
People keep demanding they spend money on disaster relief and flood insurance. At a certain point it's better (cheaper) to demolish the houses in places that keep getting hit.
Yes, it'd probably be better if the government let people face the damages for the most part. Unfortunately it's consistently portrayed as a huge failing if, say, a president fails to respond to a hurricane quickly or decisively enough. Partly because of the usual partisan nonsense, but also because the local governments want the aid.
- sjg007 7y agoFEMA lets you rebuild at most once. After that you are SOL.
- nitwit005 7y agoThere's more than one program paying for things. Flood insurance can pay out repeatedly, for example: https://www.wsj.com/articles/one-house-22-floods-repeated-claims-drain-federal-insurance-program-1505467830 https://www.wsj.com/articles/one-house-22-floods-repeated-cl...