zebdaniel on Nostr: Of course - a little root cause analysis and market understanding is helpful. The ...
Of course - a little root cause analysis and market understanding is helpful. The problem is that CA is trying to keep housing prices high for tax revenue (suppressing insurance costs does this) AND prevent folks from cutting down too much trees and brush (totally political environmental stuff) - instead they should LISTEN to the market - the insurance companies have been asking to hike prices because a 1 in 100 chance on a $5M property is a $50k policy premium but lately these fires are 1 in 5 so that’s a pricey $1M annual policy premium. The real estate market would shriek and IF LISTENING the state would ask why, and decide they need to reduce the risk of fire in the first place to lower the odds for entire communities - clear underbrush, switch to metal roofs, outdoor fire suppression systems (in the wood roof days they had them), bigger fire breaks, and big upgrades in fire fighting equipment and personnel (or robots) among other things.
Published at
2025-01-13 22:20:41Event JSON
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