At this time damage from Harvey is still being assessed and Irma has yet to make landfall in Florida. In a previous post it was noted that not much will change as a result of a hurricane. Things will be rebuilt in much the same way as they were before. Specifically, houses in Texas and Florida will be site-built from conventional wood lumber. We might see an uptick in some pre-fabricated components, but more exotic and robust construction methods will not make appreciable gains.
Curiously, even people with considerable wealth will probably not make an investment in elevated structures, concrete framing, or enhanced energy efficiency systems. Price point considerations will overwhelm memory of the storms, and few people--and organizations--will be able to change course.
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