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Ed Pawlowski Ed Pawlowski is offline
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Default (OT) About New Orleans being built below sea level

On 4/9/2016 1:50 PM, sms wrote:



With fore knowledge of potential problems people should be free to build
anywhere they want but take responsibility for anything that happens to
the property.

From New Orleans to New Jersey the tax payer has been screwed in paying
for it in taxes and increased cost of their own insurance.


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.


If you want to build in a flood zone, fine with me. But don't ask me to
bail you out when the water comes rushing in.