Flood insurance increases may have negative impact on real estate market

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1 comment:

  • 56bethpager posted at 7:57 pm on Thu, Sep 19, 2013.

    56bethpager Posts: 4

    This is a governmental catastrophe! People are going to walk away from their houses and no one will be able to afford to buy them. The state of Florida apparently doesn't care as the governor is missing in action on any involvement, and our allege representatives in Congress are, as usual, asleep at the wheel.

    How are the retired people who bought their houses twenty or thirty years ago, paid them off, and are living on a fixed income, going to pay five time the insurance they have been paying. Everybody already knows that the insurance companies control the state house by "buying"(contributing to the re-election of) their (our ?) representatives so the state gives them anything they want like they did for Duke Energy.

    But this, this is a disgraceful even coming from Congress. What are the rules for impeachment?

     

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