You’ve seen the house hunting TV shows featuring people who want an upscale vacation home right on the water. These buyers can obviously afford beachfront property, so why is it that when a massive hurricane hits, taxpayers are on the hook for a rebuild? Pulitzer Prize-winning journalist Gilbert M. Gaul joins host Krys Boyd to talk about major flaws in the government’s approach to flood insurance that have turned into safety nets for developers, which he writes about in “The Geography of Risk: Epic Storms, Rising Seas, and the Cost of America’s Coasts.”
Associated Press