Why Homeowners May Oppose New Flood Risk Maps
“Why may some homeowners oppose new flood risk maps?”
Homes that are in more flood-prone territories often have lower price values compared to those which are not. Newer versions of flood maps often show larger and more intense flood plains as a result of climate change. Many homeowners fear that their home might be considered floodplain territory and therefore lose value. This is Why Homeowners May Oppose New Flood Risk Maps.