Water front property

[SLADE]

Does water front property have any value going forward?
Does land that has flooded have any value going forward?
I know It's what ever people want but to me it has little worth.
I do have coast property but not at flood level.

 

[Amish Heart]

Well if you don't pay cash for the property, you would pay thru the nose for flood insurance, if it's in a flood area.
People that believe in man made global warming absolutely should not buy waterfront property.

 

[Pearl]

I think waterfront property will always have value! People want it!!

 

[SLADE]

Should people get a bailout when they put themselves in harms way?

 

[Pearl]

Should people get a bailout when they put themselves in harms way?

I don't think so! But there are SO MANY who live in such places!

 

[elkhound]

southern appalachians are a long way from coast..but yet they got pounded to death the other day.

 

[SLADE]

southern appalachians are a long way from coast..but yet they got pounded to death the other day.

Many live on the river. Floods happen where I live and the rivers wipe out the old mill towns. Then everyone talks about rebuilding.
Why?
The Towns are now saying no to the buyouts. Floods happen too often.

 

[Mountain trapper]

I don't believe anyone should be responsible to bail anyone out who loses their property for any reason.