Yes, it absolutely is. East Grand Forks, MN demolished all buildings in the floodplain after the 1997 floods. I understand Florida is bigger than East Grand For

Yes, it absolutely is. East Grand Forks, MN demolished all buildings in the floodplain after the 1997 floods. I understand Florida is bigger than East Grand Forks, but not every single person living in Florida will be priced out of home insurance at the same time, hopefully there’s enough wealthy people who can afford to self-insure to buy up all of the existing homes, but it’s unlikely and someone will have to lose money. > East Grand Forks, along with Grand Forks, was heavily damaged by a major flood in 1997. The entire city was under a mandatory evacuation and almost no homes were spared damage. After the flood, several neighborhoods had to be demolished because of damage. The city cleared development from the floodplain bordering the Red and Red Lake rivers. It developed a large park known as the Greater Grand Forks Greenway to provide a new recreation area for residents along the river. A similar park was developed in Grand Forks. The parklands, with trees and a variety of greenery, can absorb floodwaters and help protect the cities naturally. Moving residential and business development out of these areas also helps prevent future flood damage. In addition, a new system of dikes was constructed to protect the city from future flooding. The city has since rebuilt.