@[email protected]M to Climate - truthful information about climate, related activism and [email protected]English • 10 hours 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-square17fedilinkarrow-up1121arrow-down12file-textcross-posted to: news[email protected]
arrow-up1119arrow-down1external-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.com@[email protected]M to Climate - truthful information about climate, related activism and [email protected]English • 10 hours agomessage-square17fedilinkfile-textcross-posted to: news[email protected]
minus-square@Lemming421linkEnglish8•8 hours agoWhat’s the long term plan there? Buy for cash, rent until the next natural disaster destroys the building and… then what? Doesn’t the landbastard have to pay for the tenants to be in alternate accommodation until the original one is returned to a liveable state? I can’t see how that’s profitable either…
minus-squarenickwitha_k (he/him)linkfedilink3•3 hours ago What’s the long term plan there? It’s Chicago School economics; there is no long-term plan.
minus-squarethejevanslinkfedilink12•7 hours agoThey also have the money to lobby state governments to get rid of protections in the states where they have a large presence.
minus-square@[email protected]linkfedilink7•7 hours agoBesides then they can turn around and sell some of that land that’s not underwater yet back to the government for “temporary” refugee resettlement tent cities
minus-square@ieatpwnslink8•7 hours agoThey don’t think that far all they really care about is maximizing short term profits
What’s the long term plan there?
Buy for cash, rent until the next natural disaster destroys the building and… then what?
Doesn’t the landbastard have to pay for the tenants to be in alternate accommodation until the original one is returned to a liveable state?
I can’t see how that’s profitable either…
It’s Chicago School economics; there is no long-term plan.
They also have the money to lobby state governments to get rid of protections in the states where they have a large presence.
Besides then they can turn around and sell some of that land that’s not underwater yet back to the government for “temporary” refugee resettlement tent cities
They don’t think that far all they really care about is maximizing short term profits