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Voluntary Buyouts as Hazard Mitigation: Implementing Buyouts

Voluntary Buyouts as Hazard Mitigation: Implementing Buyouts

The first part of the class provides a summary of the history of buyouts as a hazard mitigation option. This is followed by a discussion of how buyouts can reduce vulnerability to natural hazards, particularly floods, and several brief examples to illustrate the experiences of different communities in implementing buyout programs. Following this summary is a discussion of the key advantages and disadvantages of buyout programs. ...

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