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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?

To: DanDerr who wrote (58217)	11/2/2012 11:53:42 AM
From: Peter Dierks	1 Recommendation Respond to of 71588

A more responsible government approach would be to offer a certain type of insurance for coastal flooding. Anyone whose property is damaged may opt for the federal government to purchase the property. It would be demolished and turned into parkland. Thus high risk properties could continue to exist in flood prone areas, but nobody could complain that the government owed them anything. The owner would have to pay the full cost of restoration to continue to occupy it. Rather than perpetuating the cycle, it would become self limiting. Properties with slight damage would be rebuilt and only the very rich would defy risks and continue to rebuild in high risk areas. More parkland would be made available on waterfront properties for everyone to enjoy regardless of socioeconomic class.