FEMA and some states have property buyout programs, that happened after Sandy, that prevent anyone from rebuilding in some areas. Good luck along the coast if rich people or businesses want to put up pricey homes and condos and spread the insurance risk around. Then there are areas of extended drought, areas with water issues.... That's gonna be expensive but likely less expensive than what we spent in Afghanistan.We also need to stop building such fragile structures in risky areas and having the insurance risk subsidized via increased costs (higher premiums in less risky areas, taxes, etc) to others. I'm fine with the development - just don't spread the risk to others who don't choose to live there.
Infrastructure improvements in already developed areas are necessary as well. I'm more comfortable with shared costs on that as it will better protect general industry and port activities that need to be in riskier locations. That's a benefit to all.
Last edited: