The people who built in flood plains cry foul when the insurance premiums sky rocket because of serious flooding losses, but it should be the people that DON’T live in flood plains that should be crying foul. Thanks to bleeding heart politicians and bureaucrats, taxpayers are required to subsidize the flood losses through forced taxation when they have no say against allowing building in risky flood prone areas. Building codes need to change to absolutely prohibit building in flood plains. Over time, this would eliminate the need for a national flood insurance program.
“We have to get communities together to make this a national issue,” said George Kasimos, who founded the group.
This IS a national issue, and everyone else is SICK of paying for your perceived “innate” right to leave 10 feet from the beach in $500,000+ home most people cant afford to buy, and not being held accountable for your own losses when “duh” you get hit by a hurrincane or storm surge.
This action is long overdue but it may make sense to have a easier transition. There are people that can afford to spend $300,000 to raise their multi-million dollar home. There are others living in average homes that they bought decades ago when beach property was cheap because it was not desirable. These people will never have the resources to raise their homes. Perhaps more states should follow NY’s Gov. Cuomo lead who is buying out certain high risk neighborhoods at pre-Sandy prices and then returning the properties to their natural state.
It’s STILL the taxpayers money that is being used to purchase those properties. How about taking them by eminent domain and since they are essentially worthless, shouid be a bargain!
Although I know this is usually not really thought of but every year when we get a hurricane or flood on the coast. in seems to cause some kind of moisture build up and eats away at limestone in the ground creating (worries) of sinkholes possibilities.
Placing house on stilts, at some point will create structural damage by ground opening up wider under one or several stilts. Yes you eliminate flood insurance but make sure your structure or stilts are looked at every few years.
But they won’t have them looked at every few years, and when there is inevitably a structural failure, they come back and say, “But you (gov’t) told me I had to do this, now look. You’re responsible, please pay.”
It’s well past time to have the coastal areas assume the risk of loss by having property on the water. This should have been done years ago, I understand the pain of a sudden change but we have to get to sound rates quickly, before the next disaster hits. That could be any time now.
InsGuy-
So easy to pick on the “Rich Guy” living on the water. But would you say the same thing to the entire City of New Orleans, or to the people living in Hurricane Alley?
So, we should continue to support communities built in the Flood plain? NO, it is time we not rebuilt in areas that flood.
There needs corrective action on the properties in an area that floods.
The people who built in flood plains cry foul when the insurance premiums sky rocket because of serious flooding losses, but it should be the people that DON’T live in flood plains that should be crying foul. Thanks to bleeding heart politicians and bureaucrats, taxpayers are required to subsidize the flood losses through forced taxation when they have no say against allowing building in risky flood prone areas. Building codes need to change to absolutely prohibit building in flood plains. Over time, this would eliminate the need for a national flood insurance program.
“We have to get communities together to make this a national issue,” said George Kasimos, who founded the group.
This IS a national issue, and everyone else is SICK of paying for your perceived “innate” right to leave 10 feet from the beach in $500,000+ home most people cant afford to buy, and not being held accountable for your own losses when “duh” you get hit by a hurrincane or storm surge.
This action is long overdue but it may make sense to have a easier transition. There are people that can afford to spend $300,000 to raise their multi-million dollar home. There are others living in average homes that they bought decades ago when beach property was cheap because it was not desirable. These people will never have the resources to raise their homes. Perhaps more states should follow NY’s Gov. Cuomo lead who is buying out certain high risk neighborhoods at pre-Sandy prices and then returning the properties to their natural state.
It’s STILL the taxpayers money that is being used to purchase those properties. How about taking them by eminent domain and since they are essentially worthless, shouid be a bargain!
I agree with much of what is being mentioned!
Although I know this is usually not really thought of but every year when we get a hurricane or flood on the coast. in seems to cause some kind of moisture build up and eats away at limestone in the ground creating (worries) of sinkholes possibilities.
Placing house on stilts, at some point will create structural damage by ground opening up wider under one or several stilts. Yes you eliminate flood insurance but make sure your structure or stilts are looked at every few years.
But they won’t have them looked at every few years, and when there is inevitably a structural failure, they come back and say, “But you (gov’t) told me I had to do this, now look. You’re responsible, please pay.”
Except they won’t say “please.”
It’s well past time to have the coastal areas assume the risk of loss by having property on the water. This should have been done years ago, I understand the pain of a sudden change but we have to get to sound rates quickly, before the next disaster hits. That could be any time now.
InsGuy-
So easy to pick on the “Rich Guy” living on the water. But would you say the same thing to the entire City of New Orleans, or to the people living in Hurricane Alley?