After Hurricane Sandy, Many Chose To Move Rather Than Rebuild

View on NPR website

Date

Aug. 26, 2016

News Type

Media Highlight

Source

NPR

"CAROLYN KOUSKY: One of the biggest problems with the flood insurance is the fact that it is billions of dollars in debt and has no way to ever repay its debt." "KOUSKY: There's this group of properties - they have flooded multiple times. Maybe these frequently flooded areas - it's actually more cost effective to buy them out."

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