Why The U.S. Government Is Buying And Destroying Homes April 27, 2024 Unipro2013main USA, USA News </p> <h2>Why The U.S. Government Is Buying And Destroying Homes</h2> <p> The U.S. government is buying up and destroying American homes. Homeowners in the floodplain are choosing to voluntarily sell their doomed properties to the government. Since 1989, FEMA has helped fun around 45 to 50,000 home buyouts. FEMA is estimated to have spent somewhere around $4 billion on the project so far but that’s just a fraction of the total amount spend on buyouts, since there are programs outside of FEMA. But not everyone is convinced buyouts are a good idea. Watch the video to find out how floodplain buyouts work and if they are helping or hurting American homeowners.</p> <p>Chapters:<br /> 0:00 Introduction<br /> 1:39 How buyouts work<br /> 6:15 Costs<br /> 12:10 Managed retreat</p> <p>Why The U.S. Government Is Buying And Destroying Homes<br /> Credit to : CNBC </p> <p> Please support our Sponsors here :
