Federal flood insurance carries 2 moral hazards – which you face depends largely on how wealthy you are

Subsidized insurance makes waterfront property seem safer than it is for wealthier buyers, while many low-income homeowners ...
Yahoo

Low-income homeowners hit by disasters may get less help from the government, as Trump administration nixes rules on fairness, community input and resilience

Imagine that a hurricane has destroyed your home. The roof is gone. The floors are flooded. Your family’s belongings are ruined. When this happens, you can apply for federal disaster aid, hoping for a ...