‘Climate Change’ Is Gentrifying Neighborhoods Or Something

Because this is totally a science, not about politics. Hence, cities are trying to dictate everything

Climate change is gentrifying neighborhoods and cities are working to address it

The human costs of natural disasters are the most profound, but the dollar-value losses are quickly increasing due to climate change.

2021 was the second-most costly year for insurance companies as they paid out $120 billion in losses, according to Munich Re, the world’s largest reinsurer.

To compensate, insurance companies are raising premiums. In October, the federal government factored climate change into its insurance costs for the first time, as policyholders that use government-subsidized insurance in at-risk areas could pay as much as 18% more for their insurance each year for the next 20 years. According to First Street Foundation, a nonprofit that assesses flood risk, the average flood insurance policy could rise from $900 to $3,500.

In other words, the Biden admin mucked around and caused your premiums to go up, because non-government subsidized insurers certainly raised their costs to match the subsidized ones.

In 2019, the company released a study on climate change gentrification that found that as many as 50,000 households in underserved Miami neighborhoods are at risk of being priced out by people looking to move inland because of lower insurance costs and farther proximity from the water. It also found 40,000 other households in under-served communities that were in the precarious position of dealing with rising insurance costs with no options to move.

It’s just SJW word salad at this point.

“This is a national crisis,” said Miami city commissioner Ken Russell. “There is a humanitarian side to it, and [the federal government] needs to invest and work with local communities. There’s such a disconnect there.”

To combat the effects of climate gentrification, Russell added a social justice seat to the city’s Climate Resiliency Board in 2017, which has been occupied by a member of the city’s low-income neighborhoods.

Sigh. Cult.

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2 Responses to “‘Climate Change’ Is Gentrifying Neighborhoods Or Something”

  1. Professor hale says:

    Just insurance. Not the rising cost of housing, lack of affordable options, higher taxes, higher costs of living, or just the poor quality of live in crime-ridden areas. Not even mentioning the covid-driven work from home trend so people no longer have to live in cities.

  2. Dana says:

    What is “gentrification”? It is people moving in to older, physically depressed areas on urban areas, spending money to fix up, improve, and restore older properties, which raises property values throughout the neighborhood.

    But, but, but, this frequently means white people moving into heavily black neighborhoods, and that, apparently is bad, bad, bad! Integration is good when blacks move into heavily white areas, but bad if whites move into heavily black neighborhoods. The city government in Lexington actually put down, on paper:

    The Task Force was created out of concern about neighborhood change when that change includes:

    * – Properties turning over at an accelerated rate;
    * – Most new owners being more affluent and differing from the traditional residents in terms of race or ethnicity.

    In foul, fetid, fuming, foggy, filthy Philadelphia, The Philadelphia Inquirer noted — I had the link, but can’t find it now — that some of the residents of West Philadelphia have been trying to stop city projects to repair damaged sidewalks and streets for fear that, if the city prettied up the place, more white people would move in.

    The climate change activists want us all to live in urban areas, where we can be packed like sardines into use public transportation, but it seems as though many urban dwellers are resistant to such.

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