Harvey Could Reshape Debate About U.S. Home Building

The video discusses the widespread issue of housing in flood-prone areas in the US, focusing on Texas. It highlights the debate between insurers advocating for better building practices and developers opposing restrictions. The lack of federal building codes and varying state regulations are examined, along with the financial burden of disasters on taxpayers. The video concludes with increasing pressure from FEMA and Congress to reduce exposure to extreme weather, driven by financial concerns rather than climate change.

What are the economic arguments presented by home builders against restricting development in flood-prone areas?

In what ways has climate change influenced the discussions around building regulations and flood preparedness?