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| ▲ | oefrha a day ago | parent | next [-] |
| There are plenty of very rich people living there who can afford the house burning down every single year. So false. |
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| ▲ | sadeshmukh a day ago | parent [-] | | Afford doesn't mean you can technically throw money out the window. At some point, you are going to give up if the risk is high enough to have >2 events in your lifetime - time is also a cost to factor in, as well as loss of possessions. It's not quite that simple. |
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| ▲ | therealdrag0 12 hours ago | parent | prev [-] |
| If you’ve actually done the calculations with real numbers share the math. Otherwise stop assuming the conclusion. |
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| ▲ | sadeshmukh 5 hours ago | parent [-] | | The calculation was done by the insurers who refuse to insure the area, or must subsidize all insurance with nearby policies. | | |
| ▲ | therealdrag0 4 hours ago | parent [-] | | Surely there are rates at which they’d would insure the area? And you have shared no data on who is or is not willing to pay those rates. |
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