FEMA Flood Risk Index Based On Property Values, Not Geography. Sorry, Eastern Kentucky . . . .

[getagrip_already]

4. As an macroeconomic risk factor, its not a bad model...

It estimates the total cost of losses in a particular area.

But how it is used is the problem.

If aid is distributed based on it, then that is a flawed use of data. Because a strict dollar loss estimate does not take enough factors into play.

People building mega mansion on beachfront property do not represent the same human risk as a trailor park.

But the political clout of hilton head and galvonston are far higher than rural homes and businesses. Even house reps from red rural districts vote for the rich interests over everyone else.

They see to it fema cant allocate money to poor communities over rich ones.

They simply wont allow it.