tag:blogger.com,1999:blog-30488503.post115249013336253435..comments2023-11-03T08:41:23.491-04:00Comments on Retire Garrett: Scott Garrett Raises Flood Insurance Rates After Floods in His DistrictAdam Hearts Demshttp://www.blogger.com/profile/17891667037475464359noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-30488503.post-1152559797694353622006-07-10T15:29:00.000-04:002006-07-10T15:29:00.000-04:00you're so right, sorry i overlooked that, but this...you're so right, sorry i overlooked that, but this is just wrong, punishing flood victims, his own constituents, garrett's just gone too farAdam Hearts Demshttps://www.blogger.com/profile/17891667037475464359noreply@blogger.comtag:blogger.com,1999:blog-30488503.post-1152542853048872862006-07-10T10:47:00.000-04:002006-07-10T10:47:00.000-04:00Adam- don't forget the fact that those people who ...Adam- don't forget the fact that those people who already own homes in these areas will be punished in the form of lower home prices. If flood insurance is more expensive, buyers will take that into account when the consider these homes. (If I understand the legislation correctly, it applies to buyers.) So not only has Ernie decided to increase insurance rates (what a surprise), but he's also decided to punish people who are selling their homes (in an increasingly difficult home market).Anonymousnoreply@blogger.com