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folks shouldn't be trying to get rid of those towns wholesale, just price in the risk and the externalized costs appropriately. easier said than done of course,
by clairity 6y ago
folks shouldn't be trying to get rid of those towns wholesale, just price in the risk and the externalized costs appropriately. easier said than done of course, as our legislative and regulatory apparatus has been broadly subjugated to real estate interests.
- rsynnott 6y agoPricing in the externalities of peoples’ houses is a bit of a Pandora’s box, and I can understand why no-one’s too eager to do it. If you’re going purely utilitarian, well, that’s rural housing out the window for a start. Essentially all of it.
- nradov 6y agoPlenty of rural housing has minimal fire risk, especially if homes are built from fire resistant materials and homeowners take proper responsibility for clearing defensible space.
- warkdarrior 6y agoAssume houses/buildings in those areas WILL burn down each year and price insurance accordingly. Then have regulations (and government enforcement) that owners must have insurance.