New maps reveal post-flood migration patterns across the US
41 points by toomuchtodo
by ljsprague
1 subcomments
>The maps also show which people relocated by accepting a federal buyout and which ones relocated on their own. Nationwide, we see the vast majority of movers, about 14 out of every 15, are not participants in the federal buyout program. They are neighbors who relocated through conventional real estate transactions.
Doesn't that mean someone else moved in?
by bahiaFC
0 subcomment
>The Federal Emergency Management Agency has been funding such efforts for decades through its property buyout program. It has invested nearly $4 billion to purchase and raze approximately 45,000 flood-prone homes nationwide, most of them since 2001.
by ggm
1 subcomments
Surely some FEMA buyback is also fire risk? Not that most isn't flood related, but there are other reasons people get asked not to rebuild.
by toomuchtodo
0 subcomment
Original title "FEMA buyouts vs. risky real estate: New maps reveal post-flood migration patterns across the US" compressed to fit within title limits.
by throw0101d
0 subcomment
See also perhaps "A New Jersey Buyout Program for Flood-Prone Homes Is a National Model":
This article claims that that FEMA’s buyout investments “pay off” at roughly $4–$6 saved for every $1 spent. It includes a link to a study, but nowhere in the study does it say this. Instead this is an aggregated estimate for hazard mitigation overall, not a result specific to the FEMA buyout program.
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