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Re:Why is Federal Flood Ins. available for beach front property?


From: Lead Slinger
Date: 4/6/2021
Time: 11:24:02 AM

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Federal Flood Insurance goes back to 1968.

These sorts of issues will become more and more common. Continuing to subsidize expensive beachfront development will make it worse.

https://www.propublica.org/article/four-ways-the-government-subsidizes-risky-coastal-rebuilding

https://www.mooncap.com/how-taxpayers-subsidize-waterfront-homes/

https://www.cato.org/sites/cato.org/files/serials/files/regulation/2015/9/regulation-v38n3-5.pdf

https://www.nytimes.com/2019/12/04/climate/florida-keys-climate-change.html