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iliketohideinbushes t1_ivpshhj wrote

also more people densely packed in suburbs and cities

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AuburnElvis t1_ivq1gom wrote

Also more stuff being built.

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octagonlover_23 t1_ivue6us wrote

Exactly this.

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AuburnElvis t1_ivup1bu wrote

Yeah. Say I'm a developer and I built a building last year worth $10M and I build another one this year. If I get a disaster that wipes them both out, that's $20M lost. If the same disaster had occurred a year ago, my losses would have been $10M, not $20M simply because I hadn't built the second building yet.

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