> If catastrophic hurricanes are really going to happen every 10 years, should the federal government be subsidizing the coastal lifestyle and building you a new house each time?

No.

Unlike other subsidies there is no greater economic/societal good created from people having their costal homes. And, unlike other disaster situations, hurricanes in that region are an outright guarantee.

Also, this is just going to keep getting worse with climate change.

I agree with Calgary. People are free to live there, but not on my dime.