Comment Re:Universal developer rule... (Score 3, Insightful) 81
Build on a flood plain, make millions of dollars today, and let the tax payers pick up the bill after a catastrophic 100-year flood years later. Rinse, rebuild and repeat.
Seeing how those tax payers have spent 100 years eating cheap food from that fertile flood plain, and the bill only amounts to a tiny fraction of their direct savings - much less the increased economic opportunities inherent in a more populous nation - it works out quite nicely to everyone. Until, that is, someone starts making noices about taxes being stealing, the city remains a ruin, and everyone starves.