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After The Storms Are Over: America Can't Afford To Rebuild

Authored by Raul Ilargi Meijer via The Automatic Earth blog, A number of people have argued over the past few days that Hurricane Harvey will NOT boost the US housing market. As if any such argument would or should be required. Hurricane Irma will not provide any such boost either. News about the ‘resurrection’ of New Orleans post-Katrina has pretty much dried up, but we know scores of people there never returned, in most cases because they couldn’t afford to.
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