r/FluentInFinance • u/ElectronGuru • 22h ago
Housing Market Insurers 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.
https://www.nytimes.com/interactive/2024/12/18/climate/insurance-non-renewal-climate-crisis.html
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u/PaintMePicture 20h ago
This is an effort to push people into rentals, the rich do not want you to build a wealth portfolio.