It's a bit of the same in Norway, today houses have been built on places where nobody would dare building houses a century ago. Perhaps the availability of insurance is part of the reason, people can afford taking bigger risks as long as it's not reflected in the insurance premium.
Then again, I have a feeling the pendulum is going the other way nowadays, we're much more concerned about natural disasters today than some few decade ago.
It's a bit of the same in Norway, today houses have been built on places where nobody would dare building houses a century ago. Perhaps the availability of insurance is part of the reason, people can afford taking bigger risks as long as it's not reflected in the insurance premium.
Then again, I have a feeling the pendulum is going the other way nowadays, we're much more concerned about natural disasters today than some few decade ago.