silence7@slrpnk.net to News@lemmy.worldEnglish · 2 months agoInsurers Are Deserting Homeowners as Climate Shocks Worsen | Without insurance, it’s impossible to get a mortgage; without a mortgage, most Americans can’t buy a home.www.nytimes.comexternal-linkmessage-square21fedilinkarrow-up1109file-textcross-posted to: nyt_gift_articles@sopuli.xyzclimate@slrpnk.net
arrow-up1109external-linkInsurers Are Deserting Homeowners as Climate Shocks Worsen | Without insurance, it’s impossible to get a mortgage; without a mortgage, most Americans can’t buy a home.www.nytimes.comsilence7@slrpnk.net to News@lemmy.worldEnglish · 2 months agomessage-square21fedilinkfile-textcross-posted to: nyt_gift_articles@sopuli.xyzclimate@slrpnk.net
minus-squareMagister@lemmy.worldlinkfedilinkarrow-up1·2 months agoGuy in the article, Richard D. Zimmel, has a 725K property, add maybe 300K of what’s inside and you reach a million $. Not everyone has that in his pocket account :-/
minus-squareReality_Suit@lemmy.worldlinkfedilinkarrow-up2·2 months agoAnd there’s another part of the problem: artificially inflated house and property prices.
Guy in the article, Richard D. Zimmel, has a 725K property, add maybe 300K of what’s inside and you reach a million $. Not everyone has that in his pocket account :-/
And there’s another part of the problem: artificially inflated house and property prices.