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Old 06-28-2013, 02:06 PM   #5
Table 5
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I have no idea what's fair for this go around, but for the future, I would like to see the city/province assign some sort of risk factor to each piece of property. Some sort of 1-10 Scale (ie, some house in High River that's always flooded is a 9, a house on top of a hill in say Arbour Lake is a 1). And then inversely base any sort of funding assistance on this Risk Factor #.

I think it's only fair that if you buy property in a risky area, you should be willing to take on some of the risk. I know this was considered an extremely rare occurrence, but I have a feeling something similar will happen sooner than we think... and it's not really fair to keep asking the province to keep covering the same costs over and over.

That or create some sort of provincial overland-flood insurance, and home owners in these risky areas would have the option to buy it to mitigate their risk. You didn't buy insurance and there's a flood? Sorry charlie.

Last edited by Table 5; 06-28-2013 at 02:10 PM.
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