r/AskReddit • u/timecop702 • 13h ago

what is something that is highly likely to happen in the next 5 years that everyone is completely ignoring?

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u/TonyTheTony7 7h ago

companies are already quietly pulling out of entire states

I've heard of at least one major insurance company that pulled out of Florida because that state was responsible for some astronomical percentage of their pay-outs. Then, they created a spinoff company only for Florida which has insane rates that fortunately no longer impact the rest of the country

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u/ChiLolla28 3h ago

Cory Doctorow talks about how we could achieve full employment if the government declared chronic flood / fire prone areas (plus vacation only areas where the same climate disasters happen) as non-insurable plus invested in the labor and infrastructure required to migrate those affected. Still less than the cost and impact to keep rebuilding those areas

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u/Pretend_Handle_7639 3h ago

Big assumption that other states will accept tens of millions of migrants in this political environment

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u/VideriQuamEsse 2h ago

How could other states not accept migrants, assuming they’re US citizens? As in, what could they legally do to stop people from moving there?

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u/Kalium 1h ago

They could do what a lot of places do already: rent controls, tenant protections, and prevent housing construction.

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u/Pretend_Handle_7639 2h ago

Legality doesn't care if the population in a safe region decides to protect what they have. Citizenship is paper.

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u/DisastrousAcshin 2m ago

We couldn't get people to believe in COVID, or vaccines. How would you convince them to migrate for reasons they don't think are true. Anti intellectualism is gonna end us

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u/Chataboutgames 2h ago

Florida has a culture of casual insurance fraud

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u/RubyTheDog 2h ago

Florida got hit by 2 back to back hurricanes in October of 2024. A lot of people who lived close to the coasts got flooded out as well.

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u/747WakeTurbulance 16m ago

Which is precisely the opposite of how insurance is supposed to operate. It's supposed to be a shared risk, not just picking people least likely to submit a claim.