According to 'experts', home owners shouldn't get buyouts due to climate change. So those whose homes are flooded out or damaged by weather events shouldn't expect help in future.
The group says individuals should be responsible for knowing the risks, & suggested a transition period of 20 years.
https://www.rnz.co.nz/news/political/566...government
And there's been 'a significant rise' in home insurance. That may mean that in future, most may be unable to afford home insurance.
https://www.rnz.co.nz/news/in-depth/5133...s-revealed
The group says individuals should be responsible for knowing the risks, & suggested a transition period of 20 years.
https://www.rnz.co.nz/news/political/566...government
And there's been 'a significant rise' in home insurance. That may mean that in future, most may be unable to afford home insurance.
https://www.rnz.co.nz/news/in-depth/5133...s-revealed
in order to be old & wise, you must first be young & stupid. (I'm still working on that.)