After New Jersey floods, rebuild or retreat?

Ocean City flooded by winter storm, jersey shore

SCIENCE FRIDAY / NPR – It’s a common tale. Homeowners affected by flooding receive insurance money and rebuild their homes, only to have yet another flood strike and damage the property again. In recent years, however, New Jersey has modified an open-space program to allow the state to offer buyouts to some homeowners in flood-stricken areas, offering the pre-flood assessed value of the property. If the homeowner chooses to accept the offer, the state then demolishes the house, replants the land with native species, and converts the property to undeveloped public land …

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