Perhaps the most interesting part of the article:

  • @[email protected]
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    362 days ago

    Especially for the palisades $3,500,000 homes.

    At $50,000 a year it would take 70 years of payments.

    • Cethin
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      51 day ago

      Well, it should be proportional to the value they’re covering * the risk of loss, so they’re probably paying much more than $50000/year.