(OT) About New Orleans being built below sea level
On 4/9/2016 10:50 AM, sms wrote:
There was an attempt to fix the flood insurance program by adjusting rates to
cover the risk and those that built in flood-prone areas got their
congresspeople to limit the increases to far less than they should be.
So yes, the taxpayer is subsidizing those the deliberately build or buy in
flood prone areas.
And in areas prone to earthquake, hurricane, tornado, etc.
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