Pretty sound. City planners really have to step up to the plate. Also, when building on a flood plain, how do the developer's customers, the home buyers, obtain insurance? The insurance markets ought to have imposed significant premiums for this hugely increased risk, and if they did, many of the losses to individuals will be uninsured.
Huge numbers of people are going to be wiped out completely over this. Unless big government steps in, of course; to socialise the costs of the disasters.
Credits & Style Info
Talk Politics. A place to discuss politics without egomaniacal mods
![[community profile]](https://www.dreamwidth.org/img/silk/identity/community.png){kind=small}
(no subject)
Date: 11/9/17 11:41 (UTC)Huge numbers of people are going to be wiped out completely over this. Unless big government steps in, of course; to socialise the costs of the disasters.