US flood risk

The US is getting flooded. A lot. And the price for flood insurance is going up. Paradoxically, that may be a good thing. Flood insurances are subsidiced, and the price of the insurance is not based on the price of the house. In other words, rich folks benefit a lot from the subsidies. Just like those beautiful Miami beaches are always gonna be taken care of by the government. Also, it is just a terrible use of resources. Crappy houses are rebuilt again and again. And dams galore.

Julian Barg


For attribution, please cite this work as

Barg (2021, March 7). Julian Barg: US flood risk. Retrieved from

BibTeX citation

  author = {Barg, Julian},
  title = {Julian Barg: US flood risk},
  url = {},
  year = {2021}