If developers ran the world sinkholes would swallow up homes in Florida because the developers filled the swamps the homes were built on with crushed sea shells made of calcium bicarbonate that dissolves and washes out from under entire neighborhoods just like limestone which consists of calcium carbonate. Then the insurance companies would lobby the Florida Legislature to pass laws to make it harder to claim sinkhole damages.
"Over the years the [sinkhole] costs to insurance companies have been increasing at an extraordinary rate, because the legislature prevented companies from charging rates in line with the risk," says Mr. Randazzo. "It finally reached the point where the insurance companies won the day and got the legislature to change the law, significantly weakening the sinkhole protections in the state of Florida."
But the developers who caused the problem got off scott free even as people are loosing their homes. You see, the preferred fill dirt of Florida developers is crushed sea shells dredged from the Gulf and the Atlantic. They call it limestone. When the 18 story Jefferson Standard Building was built in Downtown Greensboro in 1923 it was also built on a swamp but sink holes are not a problem because its builders used pile driving, a building technique that has been successfully used in swamps at least 5000 years ago.
If developers ran the world there would be as many as 64 million empty, new, never inhabited homes and 20 new cities a year being built in China with properties being overpriced by as much as 70%. But hey, that could never happen, right?
If developers ran the world, McCallum Sweeney Consulting (MSC) of Greenville, S.C., an independent firm commissioned by TVA and the world's largest developer of megasites would certify the Clarksville Commerce Park in Clarksville, Tennessee as a megasite in 2006 while saying:
“Clarksville’s certified, ready-for-development Megasite gives the community and the Tennessee Valley a huge advantage in recruiting new automotive manufacturing facilities and other industries,” said TVA Senior Vice President of Economic Development John Bradley. “There is a growing demand for certified industrial sites in the automotive industry, and the Commerce Park site allows Clarksville and the state of Tennessee to be fierce competitors for quality jobs.”
And Clarksville Commerce Park, all 1,187 would remain empty in 2013. At taxpayers' expense of course.
If developers ran the world, people like Greensboro, North Carolina Mayor Robbie Perkins would be pitching Megasites in the News & Record despite the fact that at least 18 empty megasites already exist in North Carolina and nationwide over 180 empty megasites already exist.
What's that? You say those things are already happening? I thought I was just having a bad dream.
"Over the years the [sinkhole] costs to insurance companies have been increasing at an extraordinary rate, because the legislature prevented companies from charging rates in line with the risk," says Mr. Randazzo. "It finally reached the point where the insurance companies won the day and got the legislature to change the law, significantly weakening the sinkhole protections in the state of Florida."
But the developers who caused the problem got off scott free even as people are loosing their homes. You see, the preferred fill dirt of Florida developers is crushed sea shells dredged from the Gulf and the Atlantic. They call it limestone. When the 18 story Jefferson Standard Building was built in Downtown Greensboro in 1923 it was also built on a swamp but sink holes are not a problem because its builders used pile driving, a building technique that has been successfully used in swamps at least 5000 years ago.
If developers ran the world there would be as many as 64 million empty, new, never inhabited homes and 20 new cities a year being built in China with properties being overpriced by as much as 70%. But hey, that could never happen, right?
If developers ran the world, McCallum Sweeney Consulting (MSC) of Greenville, S.C., an independent firm commissioned by TVA and the world's largest developer of megasites would certify the Clarksville Commerce Park in Clarksville, Tennessee as a megasite in 2006 while saying:
“Clarksville’s certified, ready-for-development Megasite gives the community and the Tennessee Valley a huge advantage in recruiting new automotive manufacturing facilities and other industries,” said TVA Senior Vice President of Economic Development John Bradley. “There is a growing demand for certified industrial sites in the automotive industry, and the Commerce Park site allows Clarksville and the state of Tennessee to be fierce competitors for quality jobs.”
And Clarksville Commerce Park, all 1,187 would remain empty in 2013. At taxpayers' expense of course.
If developers ran the world, people like Greensboro, North Carolina Mayor Robbie Perkins would be pitching Megasites in the News & Record despite the fact that at least 18 empty megasites already exist in North Carolina and nationwide over 180 empty megasites already exist.
What's that? You say those things are already happening? I thought I was just having a bad dream.
