State Farm will discontinue coverage for 72,000 houses and apartments in California starting this summer, the insurance giant said this week, nine months after announcing it would not issue new home policies in the state
The Illinois-based company, California’s largest insurer, cited soaring costs, the increasing risk of catastrophes like wildfires and outdated regulations as reasons it won’t renew the policies on 30,000 houses and 42,000 apartments, the Bay Area News Group reported Thursday.
I feel like that requirement comes from mortgage lenders, not the government.
Exactly. I don’t think the government requires people to have home insurance.
I certainly don’t have it.
The original comment never said the government was forcing people to have it. Most people need a mortgage to own a home, few are privileged enough to avoid a mortgage by inheriting a home or buying one outright. Less than 25% of homeowners own their home outright. So most are effectively forced to have home insurance
And you wouldn’t want to see your mortgage rate if that mortgage was no longer secured with a collateral asset, which is what a mortgage without insurance would essentially be. Unsecured debt always has much higher rates. You are better off with insurance. You pay one way or another.
See: https://lemmy.ca/comment/8157092
He’s complaining that cheaper areas aren’t good enough for him and that his current area is too expensive.
He thinks he’s entitled to more before others who have less, just like most city-folk.
Your arrogance and projection shines through your comments. Reddit sucks indeed, and you are making lemmy a more toxic and miserable place to be. Blocked
Right. Nobody likes to acknowledge when they’re being entitled.
Yourself included, it would seem.
How am I being entitled?
“These rich city slickers always insist on living in places with ‘demand for their skill sets’.” The sheer moral entitlement of implicitly declaring yourself arbiter of what “too good” is, and who thinks they’re it, and who’s allowed to complain about material corruption intrinsic to their cost of living.
You stupid fuck, running around trying to show everyone your clever argument like a child with a scribble they did. I just moved AWAY from a small town to a big city to get away from the crushing poverty and isolation and idiots like you. My point to you was rhetorical, because that’s what you’re asking people to do. Not that it’s my own life’s position. Here’s my position. I’ll dox myself here; Putnam County Florida, poorest county in the most “successful” red State, which can’t stop hemorrhaging jobs or money because the governor only cares about how tall his shoes make him. And that’s the best conservatives can offer. So I’ve recently moved across the fucking country to find work in a place I can. Actually afford to live because they pay a fair wage. And rent is the same. Coffee is the same. Bread costs the same. But they also have public services, public transportation. And my neighbors aren’t meth heads, conspiracy theorists, hateful racists and bigots. Not anymore. Not since I left the sorts of places you’re telling people to “just move to” as if moving across the country doesn’t cost a shit ton of money people don’t have. Hell, moving across town is expensive, and you want people to just drop everything and go live in Texas or some shit. Fuck off, you have no idea clearly.
Edit: And I’m actually free here. I can smoke weed. My girlfriend is in charge of her own body. I can vote without worrying it will be thrown out or the governor will send the sherrif at me. I can buy an electric vehicle without anyone screaming about George Soros whoever he is. I can feel comfortable knowing my lunch meat wasn’t sliced by children. So many things you pay to suffer for I chose to pay to avoid.
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Lol. I love how you start off with an insult. Really shows your rational approach to the subject.
My point still stands. If you can’t afford where you currently live, you need to move somewhere cheaper.
If those cheaper locations aren’t good enough for you, then why should you get more before the people who live there? You can’t afford it. They can’t afford it. But you think you’re entitled to it before they are.
Rather than move and improve these places, you think you’re entitled to live in areas you cannot afford.
You think supply and demand doesn’t apply to you and other people should foot the bill for your entitlement.
And of course, you get mad and throw a tantrum at anyone who calls it out. This is why you started off your comment by calling me a “stupid fuck”.
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