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A comment on The Nightmare Scenario for Florida’s Coastal Homeowners. Parent comment

Re:The Nightmare Scenario for Florida’s Coastal Homeowners by emodendroket on Thursday April 20, 2017 @04:27PM (#14160527)
The government has actively encouraged building on buying in these areas for decades. If we can bail out Goldman Sachs and AIG I think maybe we can find it in our hearts to help homeowners mitigate their losses.
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Re:The Nightmare Scenario for Florida’s Coastal Homeowners by fooey on Thursday April 20, 2017 @04:44PM (#14160671)
Here's my prediction. There's a scare and values plummet, so the banks and investors end up with all the houses, who then get bailed out at full "market price" by the very US taxpayers who just lost their homes.
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Re:The Nightmare Scenario for Florida’s Coastal Homeowners by emodendroket on Thursday April 20, 2017 @04:52PM (#14160743)
Ugh. Yeah that sounds totally likely.
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Re:The Nightmare Scenario for Florida’s Coastal Homeowners by Atheros on Thursday April 20, 2017 @04:43PM (#14160658)
The banks paid back the bailout money. These homeowners won't.
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