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by pwinnski 3105 days ago
As with most issues, what does the future have to do with today?

Most people don't want to take the risk of a huge hit on their property value today in exchange for a chance at avoiding crisis some day in the future. Ideally, some other chumps would take a huge hit on their property values for the future, and mine would remain high.

I don't actually live in SV, but that sort of thinking is everywhere.