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Between the flood insurance and the pending charges for sewer connections there is a process of gentrification going on in these areas. This is something that the city/state/Fed government for sure knows is happening and wants to happen just look at the quote from Warwick Tax Assessor Evelyn Spagnolo “It may mean that only millionaires can buy waterfront property,” the government could care less if the house has been in your families for generations. They will say sell but how these people are going to get raked over the coals when and if they sell…

From: Costly flood insurance expected to devalue many city properties

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