What's going to happen to the housing market if insurers are pulling back coverage along the coast?
>>61551145nothing because fed prints infinite money for banks and banks buy up all of the houses
>>61551149Until they can't, for both.
>>61551145Reminder that this guy tried to fuck Princess Daisy.
>>61551145They're not though. Have the rates even risen at all?
>>61551256>Have the rates even risen at all?How have you not noticed this?https://www.cnbc.com/select/homeowners-insurance-has-skyrocketed-over-50percent-in-these-states/
Do you really think the people who own those beach houses give a flying fuck?
>>61551482>rich people never over-leverage themselves, never go bankrupt, never have to liquidate assets
>>61551256My uncles family moved a couple hours away in Florida because the insurance was insane
>>61551472i live in nevada and my home insurance on my 550k house is only 275/year
>>61551145Prices are being held back by these increases in costs for insurance. We see it as a part of purchase cancellations being extremely high.
