Andy Biggs: “People can't get flood insurance to buy or close on a home.”

“Well, no, it's really not when you consider that there's so many agencies that have to go slow or can't even process claims. So you got People can't get flood insurance to buy or close on a home. They can't get it right now. So homes aren't, aren't closing. You've got Small Business Administration loans that can't be processed.” (00:24–00:30)

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