• ExLisperA
    link
    fedilink
    arrow-up
    10
    ·
    12 days ago

    As the article says, people will just slowly move somewhere else as insurance prices go up. Some relocation plan would be needed only if you didn’t want people to first lose their house to a flood and then move elsewhere with no savings. I don’t think politicians care.

    • corsicanguppy@lemmy.ca
      link
      fedilink
      English
      arrow-up
      7
      ·
      11 days ago

      people will just slowly move somewhere else

      Moving house is only possible if one can afford to sell their current house for enough money to relocate. In Louisiana, that’s far from guaranteed.

      I’m not sure everyone’s rebuilt after Katrina yet.

      • ExLisperA
        link
        fedilink
        arrow-up
        2
        ·
        11 days ago

        Moving house is only possible if one can afford to sell their current house for enough money to relocate.

        That’s true if you want to maintain your financial situation and standard of living. A lot of people will lose their homes and be forced to rent or just end up on the street.