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We may already be there...
I saw a report that said the water could be pumped down 1" per hour (best case scenario). Realistically, with structures flooded for weeks... I don't know.
The cost of restoring them will outweigh the expense of replacing them. While it would be a boon to the national economy, it would be at a cost to the government. (taxpayers)
Should we replace the buildings? Only to get flooded in 50 years?
This is really bad, scary stuff, folks. Let's hope the news reports are a bit excited, and things are not quite as bad as they seem. Though I fear it's going to get worse.
rule
That, I think, is the million dollar question.
more like the $50 billion question
It's one thing to consider rich person beach houses to be temporary structures, it's another to consider an entire city to be temporary.
The insurance for buildings and houses in that area I'd imagine is going to be quite a bit more then in the past.
I'm looking at this as the removal of a city. I'm sure NO will exist in the future, but I'm not sure it will ever be a major city again. At least not in the near future.
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