The latest calculations from Climate Valuation analysts found about 380,000 properties in Australia were either uninsurable or unaffordable to insure, equating to about one in every 20 homes.

That figure was expected to increase to one in 10 within the next decade, according to the firm's latest data.

Having done everything we can to make climate change worse, the dildo of consequence has arrived.

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[–] No1@aussie.zone 2 points 1 day ago

And here was I worried about how things might look in 2050-2100 with projected sea level rises and god knows what happens to Greenland or Antarctic ice sheets.

It's already here.

[–] TinyBreak@aussie.zone 5 points 3 days ago

"wont somebody PLEASE think of our capitalist system?!"

[–] Nath@aussie.zone 3 points 3 days ago (1 children)

If only there was a government Insurance option? We could call it the "Government Insurance Office" or perhaps even "State Government Insurance Office".

[–] No1@aussie.zone 2 points 1 day ago

It's sad that some people would think that's a great idea because then you could sell it off and make bank...

[–] Etterra@discuss.online 3 points 3 days ago (1 children)

And that's one of the reasons why I'll never leave the Great Lakes region.

[–] DavidDoesLemmy@aussie.zone 1 points 3 days ago (1 children)

You mean on the lower north coast of NSW? https://en.m.wikipedia.org/wiki/Great_Lakes_Council

[–] Seagoon_@aussie.zone 1 points 3 days ago

Etterra means HOMES

and not a bad decision, there will always be fresh water

but the area might get a little crowded with internal refugees

[–] DavidDoesLemmy@aussie.zone 2 points 3 days ago

The dildo of consequence 🤣