https://www.nytimes.com/2024/09/14/nyregion/new-york-home-sales-flood-zones.html?unlocked_article_code=1.Kk4.S-tI.2Qw8_TkbIV5g&smid=url-share
Spoilers: cause it’s all they can afford
“Stacey-Ann Meikle, who owns a home in Canarsie, Brooklyn, is not in an official high-risk flood zone, so she does not have flood insurance. As a single mother on a dental hygienist’s salary, she cannot afford it anyway, she said.”
And we are all going to help them pay for it when it goes wrong.
“I’m doing my research to see if FEMA can help,” she said, referring to the Federal Emergency Management Agency, which can assist homeowners whose properties have been damaged by a federally declared disaster (her house flooded during Sandy under different owners). “But if not, I’m going to get a loan,” she said.”