76 sats \ 7 replies \ @Bell_curve 22 Mar \ parent \ on: When Money Dies In The 21st Century econ
It’s not the broker fault. Same thing is happening in California.
Costs increase for insurance companies. Insurance companies raise prices. Customers and regulators complain. Insurance companies leave state. Prices go up for everyone. Cycle repeats
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30 sats \ 5 replies \ @Satosora 30 Mar
Im not trying to be hateful, but insurance companies are there to make money. Its like your bitcoin, would you sell it at 19k now? That would be a losing proposition, so you would say no. Insurance companies are doing the same. If you cant afford the insurance, maybe it is time to sell and live in a new place?
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0 sats \ 4 replies \ @Bell_curve 30 Mar
Agree. California is a third world state
I don’t blame insurance companies. I blame regulation in California.
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30 sats \ 3 replies \ @Satosora 30 Mar
California has its own rules. The more difficult they make the regulations, the more people will leave. Its not like california is that nice of a place, most of it is desert, right? Its uninhabitable for a reason.
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0 sats \ 2 replies \ @Bell_curve 30 Mar
The coast is nice but expensive
A lot of it is desert.
Agriculture is still big.
Wine country is nice.
The nice places are expensive
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20 sats \ 1 reply \ @Satosora 30 Mar
its not sustainable.
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0 sats \ 0 replies \ @Bell_curve 30 Mar
Unsustainable especially when you include the number of illegal aliens
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10 sats \ 0 replies \ @siggy47 OP 22 Mar
Agreed. Same in Florida.
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