r/interestingasfuck • u/Endolithic • Jun 06 '25

Homes are falling into the ocean in North Carolina's Outer Banks /r/all

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118

u/NinersInBklyn Jun 07 '25

And we’re all paying for these vacation homes through the federal flood insurance program. So after these houses go, the owners can just build bigger at our expense. Yay.

114

u/Painterzzz Jun 07 '25

Yes I remember John Oliver doing a segment on this particular scam, and how the super rich get the socialist state to pay out to fund their beach front holiday homes, protect their beach front holiday homes, and pay out massive disaster relief when anything happens to them.

Funny how much the rich love socialism in America.

32

u/The_cogwheel Jun 07 '25

Maybe that's why they dont want it for the rest of us.

Cause 4.92 trillion (,the US tax revenue) is nicer to split between 1000 people than 300,000,000 people.

5

u/misantropo86 Jun 08 '25

Privatized profits and socialized losses. It's the American way.

3

u/MonoEqualsOne Jun 08 '25

Funny that we could all enjoy this if poor stupids weren’t always voting against their own interest and shouting about how socialism is bad

3

u/Painterzzz Jun 09 '25

It is one of the many things I will never understand about America, how this myth of 'socialism bad' became so ingrained into the poorest people in society. While the super rich literally point at them and laugh.

2

u/MonoEqualsOne Jun 09 '25

I’m with ya

2

u/lincoln_muadib Jun 09 '25

If I remember correctly, there's a phrase for that.

Socialism for the rich, Capitalism for the poor.

2

u/WiseWoodrow Jun 09 '25

Damn, that goes deep

1

u/dangerouslysublime Jun 10 '25

You people just spit out bs and people believe it. Too funny. These vacation homes created more tax revenue by far than they cost 40 years later when they fall into the ocean. The Outer Banks is one of the highest tax revenue creating areas in NC.

12

u/PeaLouise Jun 07 '25

Yep and meanwhile, many (not all) of the people rich enough to buy these homes (or second or third or fourth homes) lobby against the climate change they helped make a reality with their corporate greed!

3

u/Classic-Progress-397 Jun 08 '25

#NotAllRichPeople

Donate today--help an unfortunate billionaire: sometimes, their feelings get hurt!

2

u/PeaLouise Jun 08 '25

This sent me lmao

7

u/GotGRR Jun 07 '25

Not once erosion has put you below mean high tide line, thankfully. We are definitely subsidizing a lot of flood risk, though.

7

u/Temporary_Panic_6062 Jun 07 '25

Sounds like fraud and abuse. Sounds like a job for DOGE!

8

u/StickyDeltaStrike Jun 07 '25

Doge is only against policies for poor

2

u/WanSum-69 Jun 08 '25

Insurance's expense. They never worked for us and never will

1

u/Hot-Tension-2009 Jun 07 '25

Can’t beat em join em?

19

u/plshelpcomputerissad Jun 07 '25

Or maybe can’t join em beat em?

4

u/dr_wheel Jun 07 '25

Yes, with both fists.

1

u/USToffee Jun 07 '25

Why didn't musk go after that crap

1

u/NinersInBklyn Jun 07 '25

Be serious.

1

u/USToffee Jun 08 '25

I am. Why are we paying to bail out rich people

1

u/NinersInBklyn Jun 08 '25

If you think a billionaire is going to look out for working people, man have you got a lot to learn.

1

u/USToffee Jun 10 '25

No idea what you are referring to or what point you are trying to make about my argument.

I just don't want to see my tax payer dollars going to bailing out rich people who build their house on sticks beside an ocean.

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u/VFXmylifebaby Jun 10 '25

Brick & Stone houses built on wooden stilts didn't work this time, but next time, NEXT TIME we use HEAVIER stones and shittier wood. It'll be flawless.

0

u/thatsmygspdc Jun 11 '25

Doesn’t happen. Insurance has skyrocketed and also the lot they originally built on and own is now underwater