• slurpinderpin@lemmy.world
    link
    fedilink
    arrow-up
    4
    ·
    7 months ago

    I’ve said this since Katrina - eventually insurers are gonna nope the fuck out of these coastal regions and leave the state to hold the bag. I would get the fuck out now while I can if I had property down there

      • slurpinderpin@lemmy.world
        link
        fedilink
        arrow-up
        3
        arrow-down
        1
        ·
        7 months ago

        Soon everything is just going to be self-insured or state-insured and the insurance companies are gonna run off with bags of our money

        • silence7@slrpnk.netOP
          link
          fedilink
          arrow-up
          1
          ·
          7 months ago

          This implies an end to mortgages (or sharply higher interest rates) and a huge drop in real estate prices.

    • silence7@slrpnk.netOP
      link
      fedilink
      arrow-up
      9
      ·
      7 months ago

      Three, on different servers — one for climate, one for a general news reach, and one which is just New York Times gift articles