I agree, and not only that but in the long run this could actually be good for the economy and those who choose to jump in. Undoubtedly it will hurt us for awhile. But the end result just may be prosperous.
It has happened often enough in America's history. Between disasters and just tearing down old stuff to put new and better in place, the entire urban structure has been constantly updated and the economy has profited by the investment over and over.