I have no problem with private citizens rebuilding there, putting their own money and the money of anyone willing to insure them at risk. I would rather the government not do it with my money.
Ding Ding Ding! We have a winner! This is so true. I have NEVER understood rebuilding within flood prone areas. This is why flood insurance is required when you build a home in a flood zone. This is why insurance is so much more expensive when people build in areas with a higher chances of said disasters.
Tax dollars should never be used to rebuild - particularly putting said structures right back in forseeable danger.