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Or privately funded to keep rebuilding, yeah. Why should the rest of us have to keep paying for you to rebuild your house because you picked a stupid location a

Or privately funded to keep rebuilding, yeah. Why should the rest of us have to keep paying for you to rebuild your house because you picked a stupid location and/or didn’t build strong enough in the first place?

SantalBlush 4y ago
Right, this is a textbook case of moral hazard. When a person engages in some risky activity but offloads some of the risk onto others, they'll continue doing that activity more than they otherwise would.