The Baton Rouge Area Chamber of Commerce estimated that the value of homes flooded last week was over $20 billion. BRAC issued a report last week that provides a preliminary analysis of the damage caused by the catastrophe that took place last week. Some highlights of the two-page report are:
There is more information in the report. Keep in mind these are preliminary estimates. FEMA and insurance companies will provide their own estimates on the reports.
• 31% of homes within the nine parishes are located in areas identified as receiving flooding.
• More than 110,000 homes are located in flood areas.
• As a whole, the estimated total value of those homes located in areas identified as flooded is
$20.7 billion.
• 280,910 Baton Rouge MSA residents live in areas identified as receiving flooding.
• 66% of the homes in flood areas were owner-occupied, 22% were renters; 9% were vacant.
• As a region, a maximum of 15% of all homes – not solely in the flood-impact areas – were insured
against flooding.
9 comments:
Uncanny how the liberal media avoided the BR flood for days but are all over the earthquake in Italy only hours are it struck. Hmmmm.
It may be that much damage but a chamber of commerce is not a good source.
This tragedy is terrible, but this math assumes that all flooded homes are a total loss. My friends are doing the typical ripping out of carpet, sheet rock, and furniture. That's terrible, but not the value of the entire home.
HVAC work ain't cheap.
And, with all the contractors no doubt working overtime to keep up with the demand, it could be a long while before most people get their central AC (re)installed and running.
Let's not forget Acadiana and Lafayette who are not included in these numbers about the Baton Rouge area. It's going to be a long road back.
Let's also remember Crosby, MS and surrounding areas who lost everything yet reportedly do not meet criteria for federal assistance. And do not give through the RED CROSS!!
I agree with the comment about the media. It is very one sided with them. I deeply feel bad for the people of Louisiana who were affected by this tragedy. I read in an earlier post where the US Army Corps of Engineers had some fault with this due to the fact they did not break the levees along I-12. If that is the case, why are we spending tax dollars on that faculty at Vicksburg when that was their job to assist with the planning and implementation of procedures to eliminate the flooding. I don't want to forget about South Mississippi either. This was a terrible tragedy on a very large scale.
Trump get in office, you can kiss any money for recovery goodbye, it's going to be spent on WARS!!!
6:56 Nice try. Trump spoke out against the Iraq war from the beginning. Senator Hillary voted to give Bush the go-ahead to invade.
Lie all you want, but we'll correct your lies every time.
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