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this post was submitted on 10 Dec 2024
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AusFinance
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I hate this so much. If insurance companies won't insure a property at any price that's a pretty damn good indication it's going to get destroyed.
IMO the only option at that point is to buy back the land and use it as green space. Otherwise we're just using taxpayer money to fund people living in swamps.
Also density in liveable areas needs to massively increase. Build up, stupid!