‘Disaster capitalism’: What’s happening after climate catastrophe
7am
00:00
What's Happening in Lismore?
One year on from the floods, people are buying homes and intentionally moving into the flood zone. The cost of renting elsewhere is going up which makes Lismore an increasingly attractive prospect for people who are looking to find somewhere to live. It's cheap to live in Lismore but it's now been shown to be at risk of catastrophic flooding. For many people who haven't lived through that kind of disaster, the concept that they might lose their lives or even their livelihood, is abstract. People want to move on. They traumatise. They want to sell the house and get out. And these houses have been sold right on the river. What this means is that with investors moving in
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