insurers can insure them again because they are cheap
I believe the main part of what the insurance payout covers is rebuilding. And rebuilding is what's expensive, moreso now than ever. So I think housing prices would crash in an uninsurable area because you might be able to buy cheaply, but you couldn't afford to rebuild when something happens.
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I believe the main part of what the insurance payout covers is rebuilding. And rebuilding is what's expensive, moreso now than ever. So I think housing prices would crash in an uninsurable area because you might be able to buy cheaply, but you couldn't afford to rebuild when something happens.
In the end, we'll all be climate refugees?
trailers are cheap to deliver
Trucks haul the trailers in, hurricanes haul the trailers out, and the circle of life continues.
and building codes and/or HOAs will prevent that from happening everywhere