Agree with all you stated. One thing that would help stop building in areas known to be susceptible to flooding would be to stop federally backed flood insurance at subsidized rates. As it is now flood insurance is very inexpensive because the taxpayers are on the hook for the loss. Let the commercial insurance companies cover the risk, if they want to. Otherwise build at your own risk.
I had a house on the ICW in Florida. The likelihood of it being damaged by a hurricane was significant but insurable at $5500/yr when I sold it. On the other hand, the likelihood of it being damaged by flood during a hurricane was almost certain. I paid less than $1000 a year for my federally guaranteed flood insurance.
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