New Jersey’s Lost Valley tells the story of government home buyouts

Flooded basement in Manville NJ after Hurricane Irene

ROBERT BENINCASA / NPR – There’s a neighborhood in New Jersey that was once part of a booming manufacturing town. But now its name seems prophetic – Lost Valley. This morning, as part of NPR’s reporting on inequities in federal disaster aid, we are visiting Lost Valley. As NPR’s Robert Benincasa reports, floodwaters from a warmer, wetter climate are leading to the destruction of homes there, both by nature and by taxpayers.

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