Am I correct in believing that if a family has to pay $1,000 more a year in flood insurance, one of the costs, if you will, that is essentially equivalent to dropping the value of the home $20,000 since $1,000 at 5 percent pays for a $20,000 mortgage?
Merkley discusses the financial impact of increased flood insurance on home values.
Share
More from Jeff Merkley
Donald Trump is a con man. This attempt to sway Americans by sending them a check with less than 30 days before the midterm elections is deceitful.
I have heard heart-wrenching stories from Oregonians who have lost loved ones after a prescription for an injury or treatment turned into an addiction.
You can’t wait for a disaster to happen to start preparing, and this funding finally moving forward will be transformative for disaster resiliency along the North Coast.
Other voices in this conversation
