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Oddly lots of rich and connected are buying coastal properties... You would think their financial advisors would prevent them even if the banks give no resistan
by GenerocUsername 7y ago
Oddly lots of rich and connected are buying coastal properties... You would think their financial advisors would prevent them even if the banks give no resistance
- akiselev 7y agoIf they're rich, they can afford to experience prime real estate before it's erased forever and if they're connected, they can get a bailout afterwards.
- heavyset_go 7y agoThey can afford to insure and rebuild homes in these areas.
- vermontdevil 7y agoThey are not going to spend $ to rebuild - they'll have the government to bail them out.
- heavyset_go 7y agoThis is very true.