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Insurance and housing collapse

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By scooby

 A Housing Market “Black Swan” Event In The Making?


“Warning The Insurance Collapse Could Trigger a Housing Market Meltdown”

https://m.youtube.com/watch?v=bcvWs7LOalw&pp=ygUrd2FybmluZyB0aGUgaW5zdXJhbmNlIGNvbGxhcHMgY291bGQgdHJpZ2dlcg%3D%3D

Comments

Anonymous said…
I am awaiting someone to do a Six Degrees of Kevin Bacon on this one to tie it back to the National Labs.
11/30/2024 9:29 PM
Anonymous said…
“I am awaiting someone to do a Six Degrees of Kevin Bacon on this one to tie it back to the National Labs”

A topic on this blog need not always be about LLNL science. If a topic like retiree COLAs, benefits, local cost of living, and yes, LLNL employee and LLNL retiree home property values are all germane topics as well. One’s net worth which includes their home value , can have a material impact to one’s retirement decisions.

Your Kevin Bacon comment is funny! Enjoy your day.
12/01/2024 11:34 AM
Anonymous said…
Housing prices are only going to go up.
12/01/2024 3:55 PM
Anonymous said…
“The Next Economic Crisis That No One Is Talking About”

-Azul

https://m.youtube.com/watch?v=EGbg98sQuTw

Azul points out, some insurance companies that back or insure insurance companies that we pay home insurance premiums to, are withdrawing from the market.
12/02/2024 7:05 AM
Anonymous said…
You are a year or two behind the times. Several insurance companies have gone bankrupt in Florida and a few have pulled out of the state. There are scams going on where a company is created and they collect the first payments, then go bankrupt when they have to pay up. Some companies, I think Allstate is one, have pulled out of California. I had to get a new car insurance company because California Casualty made a "business decision" to pull out of New Mexico. People in Florida are backing out of house purchases because they cannot afford the insurance, including the flood insurance.
12/05/2024 4:43 AM
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