[ColdNoMore]

Originally Posted by Boomer

The post above from Marilyn Riccio gives the specifics of why that particular area has had their property values hit so hard.

While, yes, the easement is owned by the homeowners, it is stated that it was the collapse of the stormwater pipes in the easement that caused the catastrophe.

I see the collapse of stormwater pipes as a problem with the original infrastructure — and who oh who was responsible for building the infrastructure.

That is the main reason why I see this situation as horribly unfair. I do not see it as being as simple as some like to make it because my interpretation is that it is not truly about who “owns” the easement. To me, it looks like the responsibility goes with the infrastructure.

Also, an earlier post of mine has been quoted out of context, leaving out the point I was trying to make. (Oh well, I think I was too subtle anyway.) In the left out part, I was simply theorizing about whether things would be different if risk had been shared by an on site bank like, perhaps, Citizens, holding a mortgage — rather than the homeowner carrying the entire risk. The power of the on site bank, if left holding a part of the risk, might have been helpful. But we will never know. All we do know is that regular people, on their own, are suffering great loss.

Anyway, just wanted to clarify my points this morning, and now I must try not to bog down in this — which was my original intention. (sigh) There are wheels within wheels in all this stuff. I need to go hang out now with people I can actually see.

Yep...