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Land and Power - Redux

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Land and Power - Redux
Obie Offline
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Posts: 5,083
Threads: 84
Joined: Feb 2009
#16
05-17-2018, 04:13 AM
quote:
Originally posted by leilanidude

Why in the world would anyone.. gov or otherwise 'buy them out?'
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Government has been doing this for years in flood zones, then prohibiting future building on those lands.

They buy them out because of Federal flood insurance.It's cheaper to buy them out than pay the insurance over and over. In my hometown on the Ohio river they also raised the homes up on a 10 ft tall foundation.

The options were raise up,buy out or stay at your own risk.No more insurance.

There is no federal lava insurance program.
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Messages In This Thread
Land and Power - Redux - by ironyak - 05-14-2018, 04:21 AM
RE: Land and Power - Redux - by ironyak - 05-15-2018, 09:47 PM
RE: Land and Power - Redux - by randomq - 05-15-2018, 11:01 PM
RE: Land and Power - Redux - by ironyak - 05-15-2018, 11:56 PM
RE: Land and Power - Redux - by VancouverIslander - 05-16-2018, 01:26 AM
RE: Land and Power - Redux - by geochem - 05-16-2018, 02:55 AM
RE: Land and Power - Redux - by kalakoa - 05-16-2018, 03:51 AM
RE: Land and Power - Redux - by randomq - 05-16-2018, 04:17 AM
RE: Land and Power - Redux - by ironyak - 05-16-2018, 07:02 PM
RE: Land and Power - Redux - by glinda - 05-16-2018, 07:37 PM
RE: Land and Power - Redux - by leilanidude - 05-16-2018, 11:44 PM
RE: Land and Power - Redux - by geochem - 05-17-2018, 03:59 AM
RE: Land and Power - Redux - by Obie - 05-17-2018, 04:13 AM
RE: Land and Power - Redux - by ironyak - 05-18-2018, 12:37 AM
RE: Land and Power - Redux - by kalakoa - 05-18-2018, 03:29 AM
RE: Land and Power - Redux - by ironyak - 05-21-2018, 07:48 PM
RE: Land and Power - Redux - by ironyak - 05-23-2018, 06:02 AM
RE: Land and Power - Redux - by ironyak - 06-03-2018, 01:58 PM
RE: Land and Power - Redux - by ironyak - 06-09-2018, 01:37 PM

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