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This again. I won't stop complaining about this tedious journalistic style until it finally dies.
I don't want to hear a personal story of a random person that's related to the issue in some way. I certainly don't want to read anything about how he spends his day - I value my own day too much for that. I just want to read about the issue itself.
That's why people don't read longreads anymore.
Part of the problem here is exacerbated by all the flood insurance that effectively subsidizes building in flood plains. In addition to long term measures to mitigate climate change, we should have a tax on areas that are threatened by flooding and water levels rising so that we can reduce the immediate issues by incentivizing people to move away from them.
FWIW, I can’t speak for Miami but I do know that the costs for flood insurance are high enough in coastal areas that some people skip it entirely.
Part of the problem here is exacerbated by all the flood insurance that effectively subsidizes building in flood plains. In addition to long term measures to mitigate climate change, we should have a tax on areas that are threatened by flooding and water levels rising so that we can reduce the immediate issues by incentivizing people to move away from them.
Should we also tax people living in earthquake-prone and tornado-prone areas? How about blizzard-prone areas? Keep going with this and we will run out of places (in the USA) where it’s ok to live. Also, as someone who lived in south Florida, flood insurance is a joke and unavailable near the coast anyway. Nobody expects it to pay out enough in a major catastrophe, including hurricanes and flooding.
Part of the problem here is exacerbated by all the flood insurance that effectively subsidizes building in flood plains. In addition to long term measures to mitigate climate change, we should have a tax on areas that are threatened by flooding and water levels rising so that we can reduce the immediate issues by incentivizing people to move away from them.
https://gordcollins.com/real-estate/miami-real-estate-foreca...
It would appear that people who actually have skin in the game believe otherwise.
I’ve never understood how the parts of the country most affected by sea level rise have been so vociferously against it being real. When the BP spill happened and they had all the local mayors and politicians crying about the damage to their coast, I couldn’t understand why no one had the cajones to ask them why they cared so much about their coast being damaged now, when they were completely fine with it being gone…
I’ve never understood how the parts of the country most affected by sea level rise have been so vociferously against it being real. When the BP spill happened and they had all the local mayors and politicians crying about the damage to their coast, I couldn’t understand why no one had the cajones to ask them why they cared so much about their coast being damaged now, when they were completely fine with it being gone…
Part of the problem here is exacerbated by all the flood insurance that effectively subsidizes building in flood plains. In addition to long term measures to mitigate climate change, we should have a tax on areas that are threatened by flooding and water levels rising so that we can reduce the immediate issues by incentivizing people to move away from them.
I think what you might have wanted to recommend was for insurance companies to have higher premiums / rates whatever. Not everything needs to be solved at the government level.
Part of the problem here is exacerbated by all the flood insurance that effectively subsidizes building in flood plains. In addition to long term measures to mitigate climate change, we should have a tax on areas that are threatened by flooding and water levels rising so that we can reduce the immediate issues by incentivizing people to move away from them.
I'm not sure how insurance is a subsidy. Doesn't the cost get spread between insurees and the insurance company takes the foam off the top for itself?
Start worrying when the banks stop offering mortgages to people trying to buy property in south beach. I remember when Katrina flooded New Orleans, lots of people were asking why rebuild the city when it almost certainly will flood like that again. And the answer was a simple, do you know how much it would cost to relocate everyone? What does it do to the economy when almost everyones largest asset(their house) is wo…
We'll see how well that holds up next time those people need assistance. Somehow I don't see any elected politician telling his voters "sorry, we already helped you".