Report Inappropriate Comments

Two points here. First, the people who will be screwed by this are the very same people who will line up to re-elect this congressional delegation because democrats are for the "working people". Good grief!

Second, flood insurance is only required if the homeowner has a mortgage. In the next 5-7 years, it is likely that many of these homes (and certainly those on the water) will be sold for cash to out of state buyers who will use them as vacation homes. Waterfront property in Warwick currently sells for about one-third of comparable waterfront properties on the Cape, southern Maine, and Long Island Sound.

From: Skyrocketing flood insurance

Please explain the inappropriate content below.