[arista]

Published in the USA

[Crimson Dynamo]

scandal

[Maru]

It's pretty obvious they want the land. They aren't being helpful in rebuild. If this were a hurricane in a proper city, short of paying for the rebuilld, local govt will go out of their way to expedite because having burned down lots for an extended amount of time would the death knell of a neighborhood. There are people that never moved back after Katrina and there are still tarp in places but NOLA never was all that well-managed to begin with.

These are rich communities that can afford to rebuild but they want to discourage it so have to drag it out as long as possible. Unoccupied land is a precious commodity in CA.

[bots]

Originally Posted by Maru

It's pretty obvious they want the land. They aren't being helpful in rebuild. If this were a hurricane in a proper city, short of paying for the rebuilld, local govt will go out of their way to expedite because having burned down lots for an extended amount of time would the death knell of a neighborhood. There are people that never moved back after Katrina and there are still tarp in places but NOLA never was all that well-managed to begin with.

These are rich communities that can afford to rebuild but they want to discourage it so have to drag it out as long as possible. Unoccupied land is a precious commodity in CA.

also, fewer properies available on the market increases the value of those still standing so there is no incentive to rebuild from a property owner perspective

[Maru]

Originally Posted by bots

also, fewer properies available on the market increases the value of those still standing so there is no incentive to rebuild from a property owner perspective

Yeah a lot of people walk away with the insurance money from burned out properties. It takes about a year even in areas with less obstacles to go through to rebuild. In this case though some of these properties weren't insured because they were dropped by providers. Many insurers have left these areas or the state itself, so there is that. They may be in the hole still on that property and it would be hard to secure a new mortgage, especially with high interest rates. But in many cases also these are people with the money but they are making the process very difficult and that means people have had to get lawyers...

We have a similar problem here with insurers, but not nearly to that extent.