Such articles appear after every climate catastrophe.

Real estate investors & financial institutions view hurricanes, wildfires, extreme heat events etc as chances to get discounted property.

The rich basically force the working class and middle class out by jacking up rebuilding costs, de-insurance schemes, and increasing property taxes to unaffordable levels.

Then they apply for government relief programs to subsidize the carpetbagging.

@Npars01 Saw a youtuber tour through his destroyed Florida neighbourhood just last week. Most houses totalled. He said most houses got totalled last year in a hurricane, got remodeled, got put on the market. No one has bought them, now the remaining people there has just finished clearing out all their belongings, big piles along the sidewalks, and they'll get hit again thursday. The youtuber said if you wanted to sell now you'd get basically lot value. Personally, I think the lot value is zero. I'm sure there are some ghouls trying to profit off of this but I can't imagine they'd be very successful at it. Ok you buy someones condemned home for pennies. Now what? Gonna flip it? Bask in that glorious land value of a lot permanently submerged in a decade? I fail to see the business model here, I guess that won't stop people from trying.

m.youtube.com/watch?v=u8ejFXYX…

Forgotten Fury Hurricane Helene's Devastation in Florida

Hurricane Helene tore through Florida, but the damage in Tampa Bay, including the famous beaches and St. Petersburg, has been overshadowed by the catastrophe...

^YouTube

@the5thColumnist @Npars01

Eh, not really. Anyone can tell otherwise. There are plenty of charities that operate under capitalism. There are plenty of businesses that are capitalist and could expand but do not. Tell me; are the owners of chik-fil-a capitalist? If they're so greedy, why do they refuse to open on Sundays?