Alabama Homeowners Paying Property Taxes on Sinking Gulf Homes: What To Know
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Alabama Homeowners Paying Property Taxes on Sinking Gulf Homes: What To Know
"Dauphin Island residents are still paying property taxes on lots that have become submerged in the Gulf waters since Hurricane Katrina, highlighting the ongoing erosion and displacement on the island. Hurricane Katrina's aftermath continues to affect homeowners nationwide, with neighborhoods dealing with issues like vacant properties, insurance disputes, and properties deemed "unsellable." The storm exposed the risks of coastal real estate, leading to stricter lending practices, higher flood insurance costs, and challenges in obtaining affordable coverage for properties in high-risk flood zones."
"The 20th anniversary of Hurricane Katrina on Aug. 29 brings attention to the lasting effects of the storm, notably seen in the struggles faced by residents on Dauphin Island, AL, where ongoing erosion and rising sea levels have led to properties sinking into the Gulf waters. As extreme weather events intensify across the U.S., FEMA's ability to respond effectively is being questioned."
Twenty years after Hurricane Katrina, coastal landscapes continue to change as erosion and rising sea levels submerge properties and reshape communities. Dauphin Island residents face lots underwater while still owing property taxes and confronting displacement. Homeowners nationwide experience vacant properties, insurance disputes, and houses that are effectively unsellable. Lenders and insurers have tightened practices, driving up flood insurance costs and making coverage harder to obtain in high-risk zones. Increasingly frequent extreme weather events are putting additional pressure on disaster response systems and raising questions about preparedness for large-scale future events.
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