If you live in an area prone to natural disasters, you have a few options:
1. Build a robust house that is engineered to withstand the expected disasters. This has a high up front cost.
2. Build a cheap fragile house and hope to socialize the replacement cost with insurance coverage. This works until the danger becomes so high that it's not financially prudent for insurance providers to offer coverage.
3. Build a cheap fragile house, pay cash, and have enough liquid assets in reserve to pay for a replacement if it's destroyed.
Is it even possible to build a robust house? The inspectors would frown as “regulations” are not “met”
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That is where a good amount of cost comes in. Paying engineers to design to the 'or equivalent' parts of code
Just having metal roofing and Hardieplank siding would probably have kept most of these homes that burned safe.
