I believe it's for the total value as on Dec 1, 2022. The document does not specify that it is for land value alone. The government is paying for the whole prop

I believe it's for the total value as on Dec 1, 2022. The document does not specify that it is for land value alone. The government is paying for the whole property not just the land. It's $42m and homes in that region are $1.5m+ so that's under 50 people. Actual details are here: https://www.rpvca.gov/DocumentCenter/View/22752/Voluntary-Property-Buyout---Guidelines-and-Application https://www.rpvca.gov/DocumentCenter/View/22752/Voluntary-Pr... Why do you think it's a decent solution? I think these things should be a home insurance concern so that we don't provide de-facto home insurance only for beachside property.