• 0 Posts
  • 12 Comments
Joined 2 years ago
cake
Cake day: July 11th, 2023

help-circle
  • This “asking to be removed from flood maps” is as common as people disputing their property valuation for tax purposes. In the immediate term, no owner wants to go from not in a flood plain to on a flood plain. Of course the reality is that maps don’t dictate nature’s behavior, but property value goes down in addition to property expense going up.

    One possible solution is government buying out flood prone areas, but I’ve only seen this happen in more affluent communities. This still leaves some risk, though, since there will always be a threshold where there is some flood (or hurricane or wildfire or windstorm or hailstorm…) risk, but not enough risk to be relocated by the government.