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Will someone think about the over inflated real estate value?
It's true that the "think about the poor owners" part is, in a vacuum, a pretty fucking stupid argument. Nature doesn't give a shit about home valuations. Water levels are on the rise, if you do live in a flood risk zone, it sucks, but you just do.
It's however pretty fucking bullshit that people who were flooded were allowed to rebuild in place to be told 4 years later that the home they literally just had rebuilt will now be hard to insure and near impossible to sell.
Allow me to introduce you to Florida
America sneezes, Canada catches a cold