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"Such a place" is becoming inescapable for many in the midwest.

https://journalstar.com/news/state-and-regional/nebraska/conditions-ripe-for-missouri-river-flooding-in/article_5c2f87ff-d9b6-5024-891b-a5fb40c95c7a.html

    Would anyone?

Coming in with the Rural Take (tm) - farmers are tied to their lands. Plus, people live near bodies of water for a reason. Unless we, as a nation, are going to step WAY back from major rivers (and the plurality of large cities settled on them)...Yes, people will continue to live in areas prone to flooding, especially because "areas prone to flooding" are going to encompass more and more of livable land.