ljsprague
a month ago
>The maps also show which people relocated by accepting a federal buyout and which ones relocated on their own. Nationwide, we see the vast majority of movers, about 14 out of every 15, are not participants in the federal buyout program. They are neighbors who relocated through conventional real estate transactions.
Doesn't that mean someone else moved in?
bell-cot
a month ago
Sure sounds like it:
> Our new national maps of who relocates and where they go after a flood show that most Americans who move from buyout areas stay local. However, we also found that the majority of them — including thousands across Harris, Brazoria, Fort Bend and Galveston counties — give up their home to someone else, either selling it or leaving a rental home, rather than taking a government buyout offer. That transfers the risk to a new resident, leaving the community still facing future costly risks.