Possibly, but never underestimate the short-sightedness of real estate developers. In places like Florida, they force them to design storm-resistant housing (post-Andrew, mainly).

Up here, after Sandy, any house south of Montauk Highway, is basically uninsurable. So you have a lot of waterfront property, that people can't sell. The insurance companies basically enforce it.

My mother was big into managing stormwater runoff (in Maryland). It was one of her casus belli (She had more than one –She was pretty scrappy).

Real estate developers hated her.