In their case, it is Global Warming not to mention that established villages (i.e. Point Hope) in the arctic were uncommon and small.   Should the Government subsidize Global Warming related impacts?  This will be debated soon enough.  As for the Mat Valley property owners, it is more of a story of buyer-beware because the public should not be stuck holding the bag for people who wanted a nice view.   How many of these people who want a bailout are against federal over-reach I wonder?