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    - We Are Living in the Pyrocene—At Our Peril

    Started by Surly1 Jan 09, 2025, 03:06 PM

    Message path : / Planetary Material Conditions / Environmental disasters and fuckifications. / Los Angeles wildfires spread to hills above Hollywood Boulevard #3


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    Surly1

    • Global Moderator
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    • Posts: 31
    Jan 09, 2025, 03:06 PM
    It is already all but impossible for younger generations to purchase a home. The vast majority of working class nooks simply will not be able to purchase a home in climate crisis America. Insurance companies are deserting climate change-stricken areas, and if you cannot get your home insured, you cannot get a mortgage. If people can't buy houses that insurers say could easily be destroyed due to risk. then the value of those houses go down. as does the tax base. If the value of the houses go down, so do the property taxes the state collects from those communities at climate risk. If the state collects less property taxes, they provide less services to the area, creating a death spiral where the only logical conclusion is that no one lives in these communities vulnerable to climate impacts.
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