Forbes: Don’t rebuild the Florida Keys

 

MARATHON, FL – SEPTEMBER 12: Boats, cars and other debris clog waterways in the Florida Keys two days after Hurricane Irma slammed into the state on September 12, 2017 in Marathon, Florida. The Federal Emergency Managment Agency has reported that 25-percent of all homes in the Florida Keys were destroyed and 65-percent sustained major damage when they took a direct hit from Hurricane Irma. (Source: Forbes)

There is just one problem in this zeal to redevelop the islands: The Next Storm. The Keys—like much of south Florida’s waterfront—are sitting ducks. They have been ravaged in the past by major storms, and will be flattened again with greater frequency in the future. They are not meant to be an axle of human habitation.

Both federal and state programs use taxpayers’ money to make it artificially cheap to continue to live in the Keys.

The state of Florida—through a state owned insurance company—helps all its homeowners afford insurance against wind damage. 

For the complete story: https://www.forbes.com/sites/omribenshahar/2017/09/13/dont-rebuild-the-florida-keys/#e56ac1b12869

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