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by jhallenworld
764 days ago
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Yeah, hopeless. Normally nuclear accidents lead to a much more significant destruction of property value, vs. actual loss of life- but on Long Island? Forgetting that for a moment: Fukushima cleanup is estimated to cost $470 to $660 billion (https://en.wikipedia.org/wiki/Fukushima_disaster_cleanup). Just the aggregate single family home total property value (Suffolk and Nassau) is something like $650 billion (median times number of homes- I'm sure this is a massive underestimate considering the mansions on the Gold Coast and the Hamptons). Existing insurance is not enough: https://www.nrc.gov/reading-rm/doc-collections/fact-sheets/n... |
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