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re: Question About Flood Insurance Rate Hikes

Posted on 7/16/13 at 8:00 pm to
Posted by eelsuee
2B+!2B
Member since Oct 2004
4503 posts
Posted on 7/16/13 at 8:00 pm to
quote:

But, wouldn't a fiscally conservative person want (in theory) the rates to reflect the property's actual risk, or flood zone?
Yes, it is a form of welfare in its current state. It is true that nobody wants to lose the government programs that benefit them, but it is still hypocritical and liberal to feel that way.
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