I don't disagree with you on new builds and new purchases. But homeowners living in some of these areas for 10...30 years suddenly becoming un-insurable when the environment changed around them is a thorny issue.
How is that a thorny issue? What got us into this housing crisis is exactly the mindset you're displaying here: once you get yours, it's yours for the rest of time and anyone who tries to change that should be voted out.
Why do these home owners deserve more support? because what? They own some property? (Or at least the bank does)
I don’t feel sorry for these people. They made choice and the evidence this was inevitable was in front of them for 10 years at least. They don’t deserve special consideration.
Considering how we treat things like job loss, which is a good allegory here as it has all the same features of circumstance, why do they deserve special considerations that aren’t extended to other groups?
