New Jersey Sandy Victims Have One Choice: Build Higher Homes Or Pay Up

New federal flood maps approved Thursday that will govern rebuilding in the state following superstorm Sandy leaves many residents with a tough choice: Go higher now or pay more later. The new guidelines will force homeowners in flood zones to spend tens of thousands of dollars to raise their houses now or pay exorbitant premiums of up to $31,000 a year for flood insurance later. "This rule protects the public and our residents by ensuring that the Jersey Shore and our coastal communities will b...