Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Old Student
Actually, I believe you're wrong. At least on places that have a mortgage. You can fix the place, or sell it, but your insurance money is supposed to be used to fix it. We had folks out here after the May 3, 1999 F-5 Tornado that took the money and ran, but most people rebuilt. The ones with a mortgage rebuilt.

I am not an expert in this field at all -- I am making an educated guess based on the economics of the situation. Some places are potentially subject to a single incindent such as a hurricane, tornado, earthquake, etc. But NO has been exposed as inherently dangerous with no ability to redeem itself. It may be years before concrete may be laid on the ever-shifting sands.

NO is unique in it has entire (now aging) infrastructure dedicateted to keeping nature out.

I think the insurance compainies won't allow rebuilding on silt.

272 posted on 09/05/2005 5:45:13 PM PDT by Shazbot29 (Light a man a fire, he'll be warm for a day; light him on fire, he'll be warm the rest of his life)
[ Post Reply | Private Reply | To 267 | View Replies ]


To: Shazbot29; Old Student
I am not an expert in this field at all --

Be still my heart.....

274 posted on 09/05/2005 5:47:03 PM PDT by EGPWS
[ Post Reply | Private Reply | To 272 | View Replies ]

To: Shazbot29

"I am not an expert in this field at all -- I am making an educated guess based on the economics of the situation."

I live in the middle of what is called "Tornado Alley" which stretches from Texas up into Kansas and points north. There is a map I've seen (and can't find now or I'd post it, or a link to it) that shows the historical paths of tornados in Oklahoma since 1899, I believe it is: they often follow the same paths, not exactly but within bands... That May third tornado was followed a couple of years later by another one that went right down the same track, but not for the whole track, fortunately. On that basis, I expect some people would suggest abandoning Oklahoma, too.


294 posted on 09/05/2005 6:31:46 PM PDT by Old Student (WRM, MSgt, USAF(Ret.))
[ Post Reply | Private Reply | To 272 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson