We have the same issue with a stretch of land in Denmark. There's part of the country where the North Sea erodes a tall sand cliff. The view is great, so people

We have the same issue with a stretch of land in Denmark. There's part of the country where the North Sea erodes a tall sand cliff. The view is great, so people decided to build holiday home on top of it. People pay $200.000+ for these houses, then complains that nothing is done to secure the cliff when the sea inevitably eats another couple of meters the following winter. I can maybe see it being reasonable if you purchased the house 50 years ago, when the sea was really fare away. What I don't get is why you by a house 5 meters from a cliff, when you know that the sea can eat 2 meters in a winter. Why should tax money go to secure your poor investment? These houses are essentially worthless, yet priced like it's a 30 year investment. Hilariously some of the owners have been forced to pay property tax on lots that a half way down the cliff or out in the sea.