3 ms·
Yeah its definitely a good thing ON THE WHOLE. It's legitimately bad for the people it affects and the sort of vindication people feel for seeing them suffer is
by nonethewiser 1y ago
Yeah its definitely a good thing ON THE WHOLE. It's legitimately bad for the people it affects and the sort of vindication people feel for seeing them suffer is sick.
One common reaction to this is state subsidies or regulation to make it more affordable (see this in California and Florida). While this is bad, spending money on the problem is good. People often conflate "dont subsidize" with "dont spend money." Instead they should spend it to offset the damage/inconvenience done to the people affected. Moving assistance or something. Not subsidize living in dangerous areas.
It's kind of the Warren Buffet approach to people whose livelihoods are ruined by a changing economy. It's real harm and its not fair, but you dont stop progress. You also dont say "fuck em" - you support the people who get left behind.
- epistasis 1y agoPeople had decades of warning of this happening. Any assistance on moving out is a very bad idea. There are rising insurance costs, slowly, people have time to respond. People in Florida did not even advocate for mitigations that would have prevented the rising costs, when they were given decades of warning. Protecting home values above all else is very bad for society. Unless renters are given the same protection and massive handouts, it's a very unfair system
- nonethewiser 1y agoMoving the money away from insurance subsidies doesnt preserver home values.
- epistasis 1y agoExactly, subsidizing insurance for these high risk homes is a subsidy for home values, and would be a very unfair thing to do.
- nonethewiser 1y agoYes
- tossandthrow 1y ago> you support the people who get left behind. Yes, you support the people left behind with the profits of the people who are ahead. The US voters just hate that type of equality. And as a result the vindication is merited - that is an inherent feature of non-merit based inequal societies, just the the US is.