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Posted on 8/15/16 at 1:32 pm to lsuroadie
quote:
no person, master plan, engineering feat can drain two foot of rainfall in a 48 hr span
of course you can, you just need money to do it
Posted on 8/15/16 at 1:35 pm to slackster
quote:
premium because the livable real estate supply was just shrunk and the home itself is instantly more valuable than an exact comp that did get water.
Bingo
And new devs will build up above summer 16 flood levels (not an option for some I know)
Posted on 8/15/16 at 1:35 pm to Topwater Trout
quote:
houses that never flooded in the past will be worth less now than they were a week ago
Meh. Homes in flood zones were already worth less than homes outside of them. I think people will look very carefully at those 100 year flood maps in the future. State officials will be pressured to design flood maps that can measure the impact of back flow dynamics and hopefully they build the fricking diversion canal already.
There were homes that were never flooded before this storm and will likely never be flooded again in our lifetimes.
Hope those of you that rent apartments have a nice, long lease. Those rates are going to rise very soon.
Posted on 8/15/16 at 1:36 pm to Brosef Stalin
quote:
There's no wind damage so that's at least a small positive.
A lot of the damaged homes have under a foot of water damage and are not total losses. That's a positive.
Posted on 8/15/16 at 1:36 pm to Slippy
quote:
How anyone in South Louisiana, in 2016, could elect not to buy flood insurance..... it boggles the mind.
I mean I can understand someone not having insurance that may not be required, but if so, you should be self-insuring. Financially, on average, you're better off without the insurance, so I get the logic, but you should put away the money you're "saving" for the same purpose.
This post was edited on 8/15/16 at 1:37 pm
Posted on 8/15/16 at 1:36 pm to LSU Fan 90812
I don't see what can be done to prevent historically bad flooding. It happened in TX last spring. There isn't much of an answer aside from build levees if possible...get flood insutance...move to higher ground
Posted on 8/15/16 at 1:39 pm to Tiger Ryno
quote:
I don't see what can be done to prevent historically bad flooding
It should be handled on a cost benefit basis. You can alleviate the river flooding by dredging the Amite River and making it 10x as deep for 117 miles, but at what cost? The reason BR hasn't done more is the same reason individual residents don't purchase flood insurance - they've deemed it a net negative.
Posted on 8/15/16 at 1:40 pm to dewster
quote:
There were homes that were never flooded before this storm and will likely never be flooded again in our lifetimes.
True but their value will take a hit...for how long depends on the consumer
Posted on 8/15/16 at 1:41 pm to slackster
quote:
I mean I can understand someone not having insurance that may not be required, but if so, you should be self-insuring
I hate being over-insured but when the cost is co negligible, I feel irresponsible if I don't get it.
I took out a 20k life insurance policy on my 6 year old daughter (added to mine) because it is literally $12 a year. I don't think I'll need it but if something were to happen it's a blessing to have.
For $30-$40/month, I was amazed at how many people passed on flood insurance simply because it wasn't required. I had no clue so few people in the state had it till this last week.
Posted on 8/15/16 at 1:41 pm to dewster
quote:
A lot of the damaged homes have under a foot of water damage and are not total losses. That's a positive.
Lot of people in Jefferson Parish got under a foot and you saw a lot of people pulling out all the drywall and throwing all the furniture away. Maybe with the way insurance companies have restructured that won't be as common.
Posted on 8/15/16 at 1:42 pm to Y.A. Tittle
quote:
There's really a ton of available property, just east of downtown, and stretching for about 2-3 miles outward, that I always thought was ripe for development in the coming years and under the right scenario. It would be good to see this event be that scenario.
Things are already in the works there. I don't think you'll see people displaced move into those areas as the housing isn't there yet and the format of the housing planned there is much more dense (as it should be that close to downtown)....but you probably will see more development focus in that area in the future especially if mortgage rates stay low and rental prices rise.
Rental rates will rise after this storm.
Posted on 8/15/16 at 1:43 pm to LSU Fan 90812
My aunt/uncle had been in their home for over 40 yrs and never had a hint of flooding.
Do they rebuild ? Who knows.
Do they rebuild ? Who knows.
Posted on 8/15/16 at 1:44 pm to lsuroadie
quote:
is this katrina/rita bad?
yep
The flooding is bad, but the big difference is electricity and being able to re-entry the area a lot sooner for cleanup.
Posted on 8/15/16 at 1:46 pm to Topwater Trout
quote:
True but their value will take a hit...for how long depends on the consumer
Homes outside the 100 year flood zone will be fine once repaired.
Posted on 8/15/16 at 1:47 pm to dewster
quote:
Homes outside the 100 year flood zone will be fine once repaired
This must be where your home is
if so I am not laughing that your home was damaged
Posted on 8/15/16 at 1:50 pm to LSU Fan 90812
quote:
i don't think i blame the EBR metro council for this happening. but i'd blame them if they didn't put in some fullscale counter measures for the future if possible.
The diversion project was designed in response to the 1983 flood, which was not near as bad as 2016.
IMO the state deserves some blame for never having funded that.
$200 million project vs billions in damage? They'd rather chance it.
Posted on 8/15/16 at 1:56 pm to goofball
quote:
$200 million project vs billions in damage? They'd rather chance it.
Do you blame them? If the project is solely focused on flood control and cost $200M, but it prevents a 500-year flood event, then the only way that project should get a green light is if the damages exceed $100B from this event.
It isn't that cut and dry, but you get the idea.
Posted on 8/15/16 at 1:57 pm to Topwater Trout
quote:
This must be where your home is
I thankfully do not own property that was damaged in this storm.
I just don't see how the impact of this disaster differs from what happened in Moore, Joplin, and other "once in a generation" catastrophes. This flood was not a normal or measurable threat for a lot of families that were impacted - and the likelihood of them incurring damage from another flood of that magnitude is far less than that of damage from fire, hurricanes, or more typical flash flooding scenarios.
quote:
if so I am not laughing that your home was damaged
Do you own property that was not flooded? What is your motivation for wishful thinking for doom and gloom like this?
Posted on 8/15/16 at 1:58 pm to LSU Fan 90812
It should have flooded the entire area in North Gates of LSU to the Bridge.
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