After large-scale destruction, building costs rise, so costs to rebuild often exceed insurance payouts. Particularly if the old home wasn't built to new construction standards. Those added costs, on top of the cost of weathering the crisis, can make rebuilding impossible without substantial wealth.
January 11, 2025 at 1:54 AM
After large-scale destruction, building costs rise, so costs to rebuild often exceed insurance payouts. Particularly if the old home wasn't built to new construction standards. Those added costs, on top of the cost of weathering the crisis, can make rebuilding impossible without substantial wealth.
The media has focused on wealthy, White neighborhoods. But the fire in Altadena--a racially and economically diverse suburb--deserves more attention, because insurance may not cover their rebuilding costs, forcing families out and leading the neighborhood to gentrify. www.reuters.com/world/us/far...
The media has focused on wealthy, White neighborhoods. But the fire in Altadena--a racially and economically diverse suburb--deserves more attention, because insurance may not cover their rebuilding costs, forcing families out and leading the neighborhood to gentrify. www.reuters.com/world/us/far...
The looters I want to talk about are the ones who stole our safe and stable climate from us. Millennia of planetary harm for individuals' profit. They set the fires.
January 10, 2025 at 9:13 PM
The looters I want to talk about are the ones who stole our safe and stable climate from us. Millennia of planetary harm for individuals' profit. They set the fires.