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The city currently receives real estate taxes from flood zone residents right?

Well what if the resident can no longer afford the rising cost of flood ins and is forced to move out of his home or worse yet.. walk away?

I say 'move out' because homes in flood zones 'do not sell' especially those located in high risk flood zones.

There are more people upside down in mortgages and walking away from their homes then ever before.

Even owners who are NOT upside down but only looking at small profit after a sale are walking away.

Homes outside the flood zone are not a problem when this happens because there's always a solution to keep those tax dollars coming in to the City but if one of those walkers are a resident in a high risk flood zone.... the property does not sell after they walk away.

No real estate taxes will be paid to the Cities if no one is living in the house to pay those taxes.

The cities really need to think about this post because this is where things are heading.

People in high risk flood zones who were paying $500 a year for a flood insurance policy 15 years ago (such as MYSELF) are no longer able to afford flood insurance policy increases.

My flood insurance policy is now up to $2525.00 this year. 2013

I'm retired

100% disabled veteran and on SS now.

Not crying poverty or anything but just giving some examples of folks that may be in the same shoes as I am.

Just about every penny I take in is now going out to maintain the monthly bills.

Just nuts..

The City of Warwick needs to step up to the plate and be the first city to really do something to help prevent flood zone residents from being forced into walking away from their homes or attempting to sell a home that no one wants.

I mean, really Warwick? What's better?

No real estate taxes at all or SOME real estate taxes.

If you're reading this..

Please spread the word on this post to those who claim they really want to help flood zone victims.

Like many others around us..

We got over 9 1/2 feet of water at our house when the big flood hit back in 2010.