Slow buyback scheme pushes flood-affected residents to sell homes on the open market

A year after the floods in the NSW Northern Rivers, a buyback scheme has barely begun.abc.net.au/news/slow-buyback-lismore-floods-residents-selling-730/102010202A year on from the floods that inundated the NSW Northern Rivers, the authority in charge of buying back the area's most vulnerable homes has made fewer than 10 formal purchase offers.

Mr Gruzas is a tradesman and able to repair the flood-damaged home now — and in the future should it go under again. The $700 million scheme is funded by the NSW and federal governments, and the NRRC estimates that about 2,000 of the area's more than 6,200 damaged homes will be bought back. She spent $80,000 and five months repairing her home with flood-resistant materials, such as commercial-grade steel drawers and stone benchtops.Then, last week, she was told she would be eligible for a buyback.

adharves A f*****g disgrace.

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Voluntary buybacks begin in Northern Rivers almost one year since catastrophic floods'Formal offers' are being received by homeowners in the highest-risk flood zones as the first round of the $700 million Resilient Homes program is rolled out. All by design To take our land Push us into the BS 15 minute cities That’s right. Climate change was engineered by aliens to cause human self destruction in a few centuries, because they can’t win a direct war with us as our 1 year is like their 1 second, according to General Relativity 👽 Owners would be crazy not to take this offer. They wouldn't be able to get insurance. And taxpayers are not going to pay for the rebuild anymore anyway.
Source: abcnews - 🏆 5. / 83 Read more »