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☆ Who Profits After Natural Disasters Like Hurricanes and Wildfires
  + stars: | 2023-08-31 | by ( Anthony Dimauro | ) www.businessinsider.com   time to read: +13 min
After Hurricane Michael struck Florida in 2018, home sales rose significantly, allowing disaster investors to reap the rewards. This venture has the potential to be even more rewarding given the increasing frequency of natural disasters in the US. But federal disaster relief is painfully slow to respond and often doesn't cover most of the costs. And while moratoriums on damaged land sales aren't a long-term, legally tenable solution, there are ways state officials might be able to deter disaster investors. As the threat of natural disasters increases, so will disaster profiteers.
Persons: Josh Green, Ian, Hurricane Michael, Hurricane, Joe Raedle, Hurricane Maria, Congress —, Hurricane Sandy, it's, Anthony DiMauro Organizations: Nashville Metro Council, FEMA, Hurricane, Centers for Environmental, Federal Reserve's Survey, Consumer Finances, Emergency Managment Agency, Small Business Administration, Urban Institute, Office, Congress, of Housing, Urban, Bloomberg, Newsweek, L.A Locations: Hawaii, Maui, Hawaii's, Tennessee, Nashville, Florida, Wilsey, New Orleans, California, Puerto Rico, Lahaina, New York
☆ Opinion | States Are Stifling the Voices of Cities and Their Voters
  + stars: | 2023-06-03 | by ( The Editorial Board | ) www.nytimes.com   time to read: +4 min
By reducing the right of localities to make their own decisions, Texas has joined dozens of other states that have asserted their dominance over cities in recent years through a practice known as state pre-emption. One watchdog group has counted more than 650 pre-emption bills in state legislatures this year; the large majority have been introduced by Republican lawmakers to curb policymaking in cities run by Democrats. But conservatives used to champion ideas like local autonomy, devolution and even block grants as a way of weakening centralized control. What’s now become clear is that Republicans dislike local control if they are not in charge of it. Restricting these ballot measures is fundamentally about depriving voters of a way to put a check on legislators, regardless of ideology.
Persons: It’s, What’s, ”, Clarence Anthony, we’ve, that’s, MAGA Organizations: Republican, Republicans, Democrats, National League of Cities, “, Florida Legislature, Nashville Metro Council, Republican Party Locations: Texas, South Bay, Fla, Florida, Tennessee, Nashville, In Ohio, Arkansas, Kansas, Kentucky
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