At some point oceanfront property values will fall, flood insurance will be declared a "government teat for the lazy masses" or whatever.

Naturally that will happen after they run out of landlords and resort owners to bail out. So it'll be people who stick with their actual primary residence or who were pushed to the coast by poverty and falling property values.

The longer we delay means testing for the National Flood Insurance Program, the more of the wet bag will be passed to people who can't cope with it.