On Rebuilding New Orleans

21 Mar
2006

A CNN poll today reminded me of something I had thought about a while ago:

“Should homeowners be allowed to rebuild in flood-prone areas of New Orleans?”

At the time of this post, 72% say no while the remaining (28%) says yes.

When this issue first came up, my initial reaction was “no” because it would legitmize the endless pork spending on folks who continue to build in areas they know are prone to disaster. If they take full responsibility of all damages, then in that case let them rebuild. I still feel that way.

If you think about what I just said, this hard stance should not just be targeted to the people of New Orleans. What about those who continually build in fire-prone areas? Landslide-prone areas? Guess who picks up a good portion of that tab? You guessed it, the USA via FEMA.

Risk doesn’t deter growth in fire-prone areas

Here in California, folks continue to rebuild in areas on the coast they know is prone to landslides.

CATO has an opinion on this whole situation that I agree with completely:

Any time there is a natural disaster FEMA is trotted out as an example of how well government programs work. In reality, by using taxpayer dollars to provide disaster relief and subsidized insurance, FEMA itself encourages Americans to build in disaster-prone areas and makes the rest of us pick up the tab for those risky decisions. In a well-functioning private marketplace, individuals who chose to build houses in flood plains or hurricane zones would bear the cost of the increased risk through higher insurance premiums. FEMA’s activities undermine that process. Americans should not be forced to pay the cost of rebuilding oceanfront summer homes. This $4 billion a year agency should be abolished. (source)

Here’s another article that further explains this postion

With all of that being said, it would be nothing less than a double standard if federal and state government in Louisiana to impose a limitation on where individuals can build. This is a perfect example of how endless spending in government is legitimized.

Related: Nagin rejects limits on rebuilding in New Orleans

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No Responses to On Rebuilding New Orleans

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Dolphin

March 22nd, 2006 at 4:31 am

Right on Duane. This is America – build where you want, but don’t reach into my pocket when your house burns, gets swallowed by an earthquake, or when you find out that a hurricane has sucked up your beachfront home.

Building in hazard areas has to be regulated by the government, if for no other reason, than the safety of the people.

But here we go again. The NO situation has become a racial issue.

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Dorothy

March 22nd, 2006 at 4:14 pm

No, due to property values won’t increase and flood insurance will.

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Saudia

March 23rd, 2006 at 7:15 am

No one ask these questions when rich folks build in Malibu and the mud slides tear their houses down. Or in South Beach when they build right on the shore line and get hit year after year. Please if people want to go back to NO and can afford to rebuild then great for them. Hopefully this time the levees with withstand the pressure.

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Brian

March 23rd, 2006 at 9:16 am

Guess what rebuilding in these areas will not raise the sea level. The reason the levees were in a position to be breached in the first place is because New Orleans is UNDER SEA LEVEL , which means if a lot of water comes again this will overflow the levees again.

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Saudia

March 23rd, 2006 at 9:56 am

Brian,

Read the reports. The problem with the levees was that they were in bad shape. They had not been maintained. They were not structurally sound. Katrina did very little to damage New Orleans. It was the water from the broken levees.

So while rebuilding is an option for some, the bigger question that needs to be asked is “What is the city of New Orleans and the state of Louisiana going to do to insure that the levees are structurally sound and then well maintained?”

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Dolphin

March 23rd, 2006 at 1:37 pm

Since storms of this size will overtop the levees every time, it will happen again. South Beach, Malibu, NO, rebuild if you want, but do it with your own insurance.

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