U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > North Carolina > Coastal North Carolina
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 10-07-2011, 09:39 AM
 
Location: Morehead City, NC
1,676 posts, read 5,361,785 times
Reputation: 1245

Advertisements

Sea level is the latest threat to NC 20 coastal counties, but not the increase of water level itself, but the increase in cost If the state agencies promoting new regulations succeed.
The official state policy at this time is that the sea level will be 39 inches higher in 100 years. Coastal Resources Commission (CRC) tried to mandate that number in our land use plans but retreated when we pointed out some shoddy science behind the numbers.
Instead of abandonong that absurd number however, CRC simply recast it as a planning benchmark. Now the folks doing our flood zone maps are drinking the same kool aid,
The number is bogus-utterly without any science behind it.


NC-20. Twenty Counties, One Voice
NC-20 is a partnership of the people, local governments, and businesses of the 20 coastal (CAMA) Counties in North Carolina dedicated to economic development of the member counties
NC-20 - "Twenty Counties...One Voice" - Coastal Counties of North Carolina

EDIT The above statement is not mine-It is a quote from NC-20.

Last edited by Bill Hitchcock; 10-07-2011 at 10:12 AM..
Reply With Quote Quick reply to this message

 
Old 10-07-2011, 10:32 AM
 
3,458 posts, read 3,115,594 times
Reputation: 1532
i'm glad you brought this to my attention. After further research I have concluded that these NC-20 folks are lobbyists for the development community, whose only interests are what is good for coastal NC home builders.
Reply With Quote Quick reply to this message
 
Old 10-07-2011, 12:54 PM
 
Location: North Carolina
572 posts, read 1,409,423 times
Reputation: 490
Get rid of the gov't subsidized flood insurance premiums and let the free market set the rates. Then let people build whatever they want to build on their privately owned coastal property as long at it meets code.

Problem solved.
Reply With Quote Quick reply to this message
 
Old 10-07-2011, 02:04 PM
 
Location: Morehead City, NC
1,676 posts, read 5,361,785 times
Reputation: 1245
...........and let the free market set the rates.
Music to my ears. Sure wish that song was sung in all industries.
Reply With Quote Quick reply to this message
 
Old 10-07-2011, 02:37 PM
 
Location: North Carolina
572 posts, read 1,409,423 times
Reputation: 490
Quote:
Originally Posted by Bill Hitchcock View Post
...........and let the free market set the rates.
Music to my ears. Sure wish that song was sung in all industries.
Yessir.
Reply With Quote Quick reply to this message
 
Old 10-08-2011, 11:34 AM
 
Location: Winston-Salem
700 posts, read 1,438,271 times
Reputation: 310
Agree let the free market take the risk. At the same time FEMA should put in place. Zones that they would not have to provide loans or recovery assistance to replace any type of loss. And let the insurance companies charge what the market will bear and take the loss.
Reply With Quote Quick reply to this message
 
Old 10-08-2011, 01:17 PM
 
Location: Morehead City, NC
1,676 posts, read 5,361,785 times
Reputation: 1245
Let the free market take the risk.
I hope this isn't go off topic too much but this relates to the housing debacle.The government (Freddie & Fannie) set the standards for Government backed loans to the primary lenders. The Government told the banks sure-We'll back those signature loans. Sure, we'll back that loan with a credit score of 550.
The free market (lender) was being gauranteed by the Federal Government.
Get Government out. Let free enterprise/free market do its thing!
Bill
Reply With Quote Quick reply to this message
 
Old 10-08-2011, 01:53 PM
 
Location: North Carolina
572 posts, read 1,409,423 times
Reputation: 490
Quote:
Originally Posted by Since72 View Post
Agree let the free market take the risk. At the same time FEMA should put in place. Zones that they would not have to provide loans or recovery assistance to replace any type of loss. And let the insurance companies charge what the market will bear and take the loss.
Yep you've got the right idea. Unfortunately right now the big water front homes usually get gov't subsidized insurance which comes out of your and my pockets. The free market would jack up those insurance rates for the property owner but would save the tax payers a bunch of money when a storm rolls through and tears stuff up. I got no beef with coastal development but I'm really not trying to pay some else's insurance premium.
Reply With Quote Quick reply to this message
 
Old 10-09-2011, 06:14 AM
 
Location: Winston-Salem
700 posts, read 1,438,271 times
Reputation: 310
Yeah. I loved that excuse for an increase. I think that if you live on the edge you pay the price. Not those who do not wish to.
Reply With Quote Quick reply to this message
 
Old 10-09-2011, 06:37 AM
LLN
 
Location: Upstairs closet
4,981 posts, read 8,759,419 times
Reputation: 6451
I doubt tax payers would benefit one iota. Money not spent on flood damage would be wasted somewhere else. Welcome to the real world.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:



Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > North Carolina > Coastal North Carolina
Similar Threads
View detailed profiles of:
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top