• JoeByeThen [he/him, they/them]
    ·
    2 years ago

    RIGHT?! It's already flooding down there, on the regular!🤯 Remember that building that collapsed? It's not gonna be the last. I'm reasonably sure that all the big money down there will get bailed out, but what I'm thinking is that the property getting yoinked up by the big corps are gonna get milked dry for long as possible and then offloaded at fire sale prices to people who find themselves out of luck like a decade later. Insurance companies are already seeing thewriting on the wall and jacking up rates and refusing to renew policies without costly upgrades. It's a whole thing going on, apparently. I think that's partly insurance companies bailing, but also trying to get people out of their homes for the corps to snatch them up.