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.
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.
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.
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.
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.
Sell their houses to who, Ben?
There are always people dumb enough to move there.