Now, it's REALLY going to start to hurt wallets...the ONLY thing most will understand and accept.
Home insurers cut natural disasters from policies as climate risks grow
https://www.washingtonpost.com/business/2023/09/03/natural-disaster-climate-insurance/
@celticsfanaticentomologist
Insurance infustry is bound to fail on its current course.if not from environmental events then from high costs. Between medical, car and home insurance I am paying over 1k a month. And still paying the balance of events.
@damselfly59 @celticsfanaticentomologist That's crazy, so sorry to read that. They keep saying my home is worth more and the taxes and insurance of course goes up. Now the county says it's worth more than the internet does so we'll see what their play is in 2024.
@MidnightRider @celticsfanaticentomologist
Wstched assessors move from rating home values based on what you paid to "market value".
Not only has it helped shift rates from businesses to home owners it is causing retired folk to move from their family home. When I start tallying the cost of supporting investors or taxes or the cost of being old I know I will not have anything to leave my children/grandchildren.
Hope the climate rebellion takes on a holistic approach.
@damselfly59 @MidnightRider @celticsfanaticentomologist
forget the housing crisis and the coming climate migrations
WhAt WiLl ThE aIrBnB oWnErS dO?
@peeppeepcircus @damselfly59 @celticsfanaticentomologist Hoping for better squatter's laws?
@damselfly59 @celticsfanaticentomologist I won't have anything to leave unless my exit is a surprise. As it is spending money is painful, which is really dumb as that's why I thought I tried so hard to pile a little up. It's a wacky life.