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Any property bought by the government under these conditions would be condemned. Doesn't matter if it's beachfront - there shouldn't be a home on a beach that
by alistairSH 3y ago
Any property bought by the government under these conditions would be condemned.
Doesn't matter if it's beachfront - there shouldn't be a home on a beach that sees significant hurricane damage every year.
- kube-system 3y agoYes, I am saying that it could be desirable for the owner to refuse a buyout and sell it to someone other than the government.
- alistairSH 3y agoYeah, we'd have to condemn the home as part of the process to avoid that. Or at least flag it as uninsurable, so any buyer would have to bring cash and be willing to eat a total loss.
- kube-system 3y agoI'm not sure the federal government has the power to do anything other than refuse to insure it under their program.