This is why the federal subsidies for flood insurance need to end

We should have a one-time buyout for flood zones: pay someone enough to buy a median home somewhere similar and turn the land into a nature preserve (let mangroves return to protect Florida coast, etc.). Put a cap on it so we’re not buying new mansions for a few rich people with beach houses but otherwise keep it simple so people aren’t impoverished into becoming a drain on society.

I have no expectation that we’ll be willing to invest in our neighbors, though.

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ungreased0675 2 days ago | parent | next [-]

I thought the government should have done this for all the beach houses that were destroyed by hurricane Sandy. Buy people out and prevent a house from being built there ever again.

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phainopepla2 2 days ago | parent | prev | next [-]

I wonder if there are any good ballpark estimates out there for what this would cost

	▲	fanatic2pope 2 days ago \| parent [-]
		A couple of ballrooms. Maybe half an Iran war or a Venezuelan coup or two?

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estearum 2 days ago | parent | prev [-]

I like it!

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quickthrowman 2 days ago | parent | prev [-]

Agreed, building on a flood plain is incredibly stupid. The city of East Grand Forks demolished all of the buildings in the flood plain portion of town after the 1997 Red River floods and turned it into a park. https://en.wikipedia.org/wiki/Greater_Grand_Forks_Greenway