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this post was submitted on 11 Oct 2023
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Why it should happen to us, exactly? People build up tolerance to accept this kind of gambling-as-a-routine, especially if the rules are obfuscated and conditioned by other things. Consider now how suicidal is a process of driving a car to work – but you can't avoid it this morning and there are many safeguards at place to make it less risky. They just go with it, they rationalize it before they stop giving a fuck. And it is layered, as many parties approved such a thing to be.
Politicians push to approve construction there and guarantee it's safe because their career depends on it, like one of safety-promising Benj. Companies buy a plot and develop this place into housing because high risk => high reward and FOMO. Young people and re-pats buys them because they need a house, it's their best affordable option and two other parties said it won't get them killed. Such a snowball, growing bigger at each turn, and each next party has less agency there. And it could be stopped at any of them, I guess?
I've seen that with Crimea: occupiers waving a hand to their rich oligarch friends in the biz, companies taking random bits of land to develop, building apartments in the middle of nowhere, people buying property there. I knew some of the latter. They had a fascinating list of reasons why to buy it and none of them thought that there's any chance of water and energy limiting, escalation and, for sure, Ukrainian advancement. But at the time they've settled there, these phantom risk were outweighted by Crimea's good climate and them not getting any housing otherwise for that price.
Frugal person pays twice, as our saing goes.
And it's not like they are talking about cheap real estate either
https://www.timesofisrael.com/despite-rockets-arson-balloons-israeli-communities-on-gaza-border-keep-growing/
If I had access to half a million dollars to purchase or invest in real estate ... I wouldn't want to invest in a location that could be destroyed by war or risk me and my family to violence or death.