Wealthy people getting tax dollars to pay for their risk mitigation. What else is new.

I do feel sorry for older, poorer communities that may have their homes and assets wiped out. To the extent they haven't already been replaced by newer, wealth-targeted construction. I hear it's increasingly difficult to even find an "old style" Florida community directly on the coast. About... 20 years ago (yikes!), I got to spend a couple of weeks in one that was in the process of having its beach front turned into high-rises. I understand that is complete, now.