donderdag 19 november 2009

compensation for coastal erosion


My last blog is about real property law. Some people live alongside the coastline, but due to climatical changes, there is coastal erosion. Those people can’t live there anymore, and if they want to sell their houses they get a low price for it.

The chairman of the Environment Agency Lord Smith has a solution for this problem. He has unveiled a radical plan to help hundreds of homeowners threatened by coastal erosion. Especially the coastlines of Norfolk, Suffolk and Lincolnshire have been particularly vulnerable to the sea with many losing their homes without receiving compensation.

The plan is to buy up their houses threatened by the see and then leases them back. The houses would be sold to the local authority, then lease it back so they could carry on living in it until such time as erosion actually takes the home away. The homes would be bought at the original market value.

Because of this plan these people would be able to move and find somewhere else to live. But it isn’t as simple as it looks like. The amount of money required is very small compared with the national budget. He is now pressing the government to take his proposal. He is now trying to press the government to take up his proposal.

According to me it is right and proper that there should be a financial assistance to people who are dealing with coastal erosion. Those people are stranded in this situation and can’t help it.

Source: http://news.bbc.co.uk/2/hi/uk_news/england/norfolk/8349439.stm

2 opmerkingen:

  1. I agree with Lisa her opinion. People, who are dealing with that kind of situation must get some help. It must be terrible to lose your house!

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  2. I agree with Lisa. It's not easy for these people to lose their house but I don't think this is a solution. These houses are destined to dissapear. I think it's a waiste of money for the government. Eventually, it's also money that has to come from the tax payers.

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