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`lag

Joined: 12/13/1999 Posts: 62574
Likes: 14988


People who own property on WV rivers...


got subsidized insurance for years, couple hundred bucks a year, which didn't come close to the payouts, yes, you the taxpayer was paying for that. Last few years the subsidies have been removed and owners are haveing to pay a realistic cost which was more like $10k a year (think, Greenbriar flooding last year)

So, I think that's the reality here. kinda thinking about Ocean City MD too which gets massive sand replenishment every year but I guess they figure the revenue is greater than that cost. But you can't fight mother nature, it will eventually win.

(In response to this post by Crizzle)

Posted: 09/08/2017 at 9:58PM



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Current Thread:
 
  
For those that own beach properties.... -- Crizzle 09/08/2017 9:29PM
  This just in: "Millenials killed beachfront property" -- MP4VT2004 09/09/2017 09:07AM
  Those people just get me so angry! ** -- `lag 09/09/2017 11:28AM
  I have a place at Kill Devil Hills. Direct hit and I am done -- turkeywinghokie 09/09/2017 07:50AM
  People who own property on WV rivers... -- `lag 09/08/2017 9:58PM
  I don't see it plummeting -- Tafkam Hokie 09/08/2017 10:21PM
  I think the issue is that they will be underwater -- WestyHokie 09/09/2017 10:29AM
  ...fema ins zone x... -- chumley 09/08/2017 11:09PM
  I love the beach towns but in right conscience -- HokieDan95 09/08/2017 9:46PM
  ^^This. Don't mind helping people who need it -- RTFC 09/08/2017 11:51PM
  Where in Topsail? -- CPRVHokie 09/08/2017 9:41PM

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