Nothing. I would spend nothing. But taxes will be spent. These homes should have never been permitted. Contractors and banks made millions. The city made taxes. And the taxpayers get to pickup the tab to buy them.
Not to mention the flood insurance premium is probably astronomical.
How much would you spend on a home that was flooded 3 separate times?
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- Marchioness
- Posts: 727
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I can’t either, I’m just shocked they put that high of a price tag on the place.mrsmacgiver wrote: ↑Sat Jun 30, 2018 12:07 amI can't blame the owners for selling. Someone might still buy it.JaniceLitman wrote: ↑Fri Jun 29, 2018 11:55 pmmrsmacgiver wrote: ↑Fri Jun 29, 2018 11:53 pm
This is in the Houston area?
If it's flooded three times and there's a creek nearby, it will flood again. And again. And probably again. If you're buying this home to live there, is it worth the constant rebuild?
Yes Houston
I will never buy there. I think it’s F***ing stupid to continue to rebuild that neighborhood. After Allison in 01 the government stepped in and bought 95% of the homes and tore them down and it’s just grass. The few idiots that stayed now are either selling or rebuilding.
I’m dumbfounded anyone would rebuild.
- deltathree
- Duchess
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- Duchess
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I can't even imagine that premium...Guest wrote: ↑Sat Jun 30, 2018 12:22 am Nothing. I would spend nothing. But taxes will be spent. These homes should have never been permitted. Contractors and banks made millions. The city made taxes. And the taxpayers get to pickup the tab to buy them.
Not to mention the flood insurance premium is probably astronomical.
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![Confused :?](./images/smilies/icon_e_confused.gif)
- SisterSomeone
- Duchess
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I wouldn't own a home like that even if I was paid to take it. Flooded once? Well, not ideal, but shit happens. Flooded three separate times? That's a pattern, which means that it is likely to become my problem, and therefore my expense, at some point down the line. I'll pass.