re: #364 Obdicut
That’s what I mean. There’s no effective flood insurance market. It doesn’t work. And I’m not aware of any place that requires flood insurance where it’s not also subsidized by the government.
I’ll be damned…it is subsidized…then again, I wouldn’t want to sell (let alone buy) a house in an area designated as AE…
FEMA flood zone designations:
msc.fema.gov