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The New Coffee Room

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  3. Floodplain Buyouts and Rejections in Small Towns ...

Floodplain Buyouts and Rejections in Small Towns ...

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  • AxtremusA Away
    AxtremusA Away
    Axtremus
    wrote last edited by
    #1

    https://www.washingtonpost.com/climate-environment/2025/06/12/vermont-floods-barre-rebuilding/

    The complex dynamics of residents in small towns getting flooded and want to leave, the federal government offering to buy them out, and the town rejecting most of the buyout offers because the town cannot afford to lose the tax base and the (land for) housing stock.

    And these things are increasingly happening in places that had no serious flood issues in the past.

    Climate change, small town financial crises, housing crises ... all rolled into one.

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