Inside the chaotic, lucrative world of disaster recovery
The Disaster Economy
EDITOR’S NOTE
From floods in Texas to wildfires in Los Angeles to back-to-back hurricanes ripping through the Southeast, extreme weather has become a regular part of American life. People across the country are losing their homes, their communities, and their lives at a rapid clip as rising global temperatures fuel more severe and frequent natural disasters.
In the aftermath of these tragedies, another story often unfolds — one of predatory contractors, fraudulent cleanup crews, price gouging, and billion-dollar firms profiting from the pain of disaster. Residents must navigate a complex and sometimes exploitative system while grieving what they’ve lost. Disaster recovery and rebuilding now costs communities tens of billions of dollars a year.
In our new series, The Disaster Economy, Grist exposes the systems that turn recovery into a marketplace — and gives readers like you the tools to navigate and challenge them.
Katherine Bagley
Editor-in-Chief, Grist
Featured
How Vermont lost track of millions in FEMA flood recovery funds
As the federal government pushes more disaster recovery responsibilities onto states, they are “sitting ducks” for contractors.
All stories
-
Two years after a wildfire took everything, Maui homeowners are facing a new threat: Foreclosure
A Native Hawaiian mother’s fight to keep her family in Lāhainā despite soaring costs, mortgage limbo, and land-hungry investors eager to own a piece of Hawaiʻi.
