398
Insurance is failing hurricane survivors: ‘People thought they were covered’
(www.theguardian.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 12 Oct 2024
398 points (99.3% liked)
News
36529 readers
363 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious biased sources will be removed at the mods’ discretion. Supporting links can be added in comments or posted separately but not to the post body. Sources may be checked for reliability using Wikipedia, MBFC, AdFontes, GroundNews, etc.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source. Clickbait titles may be removed.
Posts which titles don’t match the source may be removed. If the site changed their headline, we may ask you to update the post title. Clickbait titles use hyperbolic language and do not accurately describe the article content. When necessary, post titles may be edited, clearly marked with [brackets], but may never be used to editorialize or comment on the content.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials, videos, blogs, press releases, or celebrity gossip will be allowed. All posts will be judged on a case-by-case basis. Mods may use discretion to pre-approve videos or press releases from highly credible sources that provide unique, newsworthy content not available or possible in another format.
7. No duplicate posts.
If an article has already been posted, it will be removed. Different articles reporting on the same subject are permitted. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners or news aggregators.
All posts must link to original article sources. You may include archival links in the post description. News aggregators such as Yahoo, Google, Hacker News, etc. should be avoided in favor of the original source link. Newswire services such as AP, Reuters, or AFP, are frequently republished and may be shared from other credible sources.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 2 years ago
MODERATORS
I think housing like this might be a smarter move than trying to move millions of people (or leaving them homeless).
First, I like those homes, but there's a HUGE problem with your proposal.
From your linked article:
"But these features come at a cost. According to the community’s website, the homes are selling for $1.4 million to $1.9 million, compared to other new homes in the area priced for at least $600,000. "
Who are you suggesting pays for each person currently in FL to get a $1.4 million to $1.9 million home?
Well I would assume some of that comes from the lower volume of building the homes, with less people in construction in the area possessing the skills/materials to do so. Perhaps if the government put money towards volume buying materials and securing contractors able to build them, the price could come down to "market" values. I would think insurance companies would also see it as a win not having to payout as much for those that can actually be insured (and maybe makes it so more people can actually be covered making the graph go up).
I could be way off and the pricing of those homes are just unable to come down to an acceptable $ value, but government/insurance money would be put to better use looking to build more future climate safe homes as close as possible to the above model instead of today's standard.
You're agreeing with 90% of my post you indicated you disagreed with.
Economies of scale for materials would reduce costs slightly, but my understanding is the biggest cost of home building is land first, then labor. Material cost is surprisingly lower on the list. Labor costs are only going up, not down, and in our home building example labor doesn't get less expensive when you scale up.