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June 14th, 2023

malada: Canadian flag text I stand with Canada (Default)
Wednesday, June 14th, 2023 08:04 am
Not long ago I read an article about the possibility of banks in Florida refusing to issue new house loans. Usually, these loans are for 15, 20 or 30 years. With hurricanes and rising seas housing in Florida is becoming too expensive to build, rebuild and rebuild.

But no... it's the insurance companies.

From what I've read recently, more insurance companies are pulling out of Florida. Yes, they're also pulling out of California too - both being hit by natural disasters: drought and wild fires in California and sea level rise and bad weather in Florida. There's no profit in those states.

But Florida is worse.

California can change some things by *not building in burnable forests* or at least building better. Florida? They *could* change some things by making housing more resilient to bad weather (nah, costs too much) but condos by the shore? Nope. They're going down, down, down...

With sea level rise *fresh* water will become unavailable soon. Sea water is already seeping into the ground water. It's just a matter of time.

-m

Then there's invasive species of giant snakes and Republicans.