If the flooding in Houston and surrounding areas tell us anything, its that regulations are not only needed but important to have. Most of the newer subdivisions should never been allowed to happen as they sit at or below sea level and on known flood plains.
The chemical factory that today blew up as expected because of lack of ability to keep the needed cooling on should never been placed in a flood zone and NEVER allowed in a residential area.
Texas is known for its lack of regulations and they are now paying the price for that lack. It may take years to get the area back up and running and yet there are no regulations to prevent housing and factories being built up in the exact same places.
Those regulations are needed to keep people safe and at the same time prevent costly problems of rebuilding to a minimum. The storm couldn’t have been prevented but the loss of lives and costly rebuilding could have been avoided if only they had regulations in place.