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0 pointsroywiggins2y ago0 comments

The American equivalent is probably the national flood insurance program.

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The annoying thing about that is that it lets people repeatedly keep building in exactly the same spot.

Not without an inconvenience, but it's almost like "every time it floods enough you get a home upgrade".

People can afford beachfront houses often have friends in high places.

That insurance not cheap.

But it is subsidized by one’s fellow taxpayers.

j / k navigate · click thread line to collapse

The annoying thing about that is that it lets people repeatedly keep building in exactly the same spot.

Not without an inconvenience, but it's almost like "every time it floods enough you get a home upgrade".

People can afford beachfront houses often have friends in high places.

That insurance not cheap.

But it is subsidized by one’s fellow taxpayers.

j / k navigate · click thread line to collapse