Less than 10 days after Hurricane Helene made landfall in Florida, the state is bracing for another potentially devastating blow from a hurricane in the Gulf of Mexico, this one a potential Category 3 storm.
Saw an article yesterday interviewing a couple who says they’ll now have to rebuild their beachfront house for the third time, and that their second rebuild wasn’t even finished when Helene sent their house surfing down the street. That their insurance won’t cover it.
I’m flabbergasted that anyone would even consider rebuilding there. You’re lucky to even have insurance – most insurance companies have been fleeing the state.
Here’s a radical idea: don’t rebuild there. This is only going to get worse.
Saw an article yesterday interviewing a couple who says they’ll now have to rebuild their beachfront house for the third time, and that their second rebuild wasn’t even finished when Helene sent their house surfing down the street. That their insurance won’t cover it.
I’m flabbergasted that anyone would even consider rebuilding there. You’re lucky to even have insurance – most insurance companies have been fleeing the state.
Here’s a radical idea: don’t rebuild there. This is only going to get worse.
literal sunk cost fallacy