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SoCalDem

(103,856 posts)
5. Actually, it's almost impossible to rebuild a lifetime's accumulations
Sat Apr 27, 2013, 09:05 PM
Apr 2013

in 6 months..even IF all the promised help materializes.

Bear in mind too, that MANY of the people who were harmed were also probably sitting on piles of debt...debt that is still owed even if a job disappeared with the storm (along with the regular income)

People who were paid hourly and still HAD their jobs, were seriously affected (in their wallets) by all the time they would HAVE to take off to tend to their losses.

NO AMOUNT OF INSURANCE can cover everything, and they are notoriously s-l-o-w at paying out, even though their mugs are all over on the media when they are there right after the "event".

It costs a LOT of money upfront to finish the demolition and to haul it away, and then there is the extra cost of just LIVING while going through this.

Many will NEVER fully "recover".

Probably the luckiest were renters who could probably just move elsewhere and make do with borrowed "stuff"

Latest Discussions»General Discussion»6 Months After Sandy, Tho...»Reply #5