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Re:After a $14B Upgrade, New Orleans’ Levees Are Sinking by ggm on Thursday April 18, 2019 @09:48PM (#19696416)
Not if you defer additional infrastructure spending until the land has declined in value from water intrusion.

Insurance is going to pick up some of this until the land is declared un-insured. so, some parts of the relocation cost will be socialized if you like it or not, because premiums will rise in the market to offset this cost.

Re:After a $14B Upgrade, New Orleans’ Levees Are Sinking by toomuchtodo on Thursday April 18, 2019 @09:52PM (#19696436)
Policies will be outright cancelled before that happens, except through the national flood insurance program, which could be used to slowly migrate folks out over time. But let's not think that some sort of twisted Manifest Destiny requires we pour hundreds of millions or billions of dollars into New Orleans when there are other options available.

The only thing that is constant is change. We must be willing to adapt.