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You don’t have to worry. The government will bail you out like they do the people who build in forest fire land and in flood plains. EDIT: I don't think I'm wr
by scarejunba 7y ago
You don’t have to worry. The government will bail you out like they do the people who build in forest fire land and in flood plains.
EDIT: I don't think I'm wrong actually. Take Pacifica, CA for instance. Local homeowners oppose managed retreat and will ask the government to perform coastline erosion control.
- 0xffff2 7y agoAnd yet, elsewhere someone posted a link to an article about how three large apartment buildings have already been torn down in Pacifica. The ocean doesn't care much about city policy. Eventually it's going to be untenable to resist no matter how wealthy you are.
- scarejunba 7y agoOh, and we didn't pay them off via some national insurance program? I'm surprised and somewhat impressed. I'd expect those parties to have required the government to pay out.