btcboomer on Nostr: Economic impact of the fires is devastating. Hearing 50 billion in losses and 20 ...
Economic impact of the fires is devastating. Hearing 50 billion in losses and 20 billion in insurance losses. The insurance piece is especially bad. They will raise premiums for everyone else to make up for their losses in LA. And home sales will become even more challenging in the region since insurance will now be an even higher cost plus high interest rates on mortgages. What are they doing to such a beautiful state? Fix the incentives, fix the money, live better lives
Published at
2025-01-10 13:25:30Event JSON
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"content": "Economic impact of the fires is devastating. Hearing 50 billion in losses and 20 billion in insurance losses. The insurance piece is especially bad. They will raise premiums for everyone else to make up for their losses in LA. And home sales will become even more challenging in the region since insurance will now be an even higher cost plus high interest rates on mortgages. What are they doing to such a beautiful state? Fix the incentives, fix the money, live better lives ",
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