Democrat policies are forcing people to drop their home insurance...

[Mac-7]

Is it really that hard to keep your racism from showing up in your posts?

Sorry if you cannot handle reality

But I am not a racist

 

[Marener]

We are cutting down trees, destroying ecosystems, to install solar and wind "power". That destroys the plant life that consumes CO2.

Doesn't look like it to me.

 

[Mac-7]

Isnt that what happened in 08? Low quality subprime loans to minorities that couldnt afford the homes. They, minorities, were 3 times more likely to receive those loans.
Maybe, just maybe, his response is based off history and not "but muh racismmmmmm"

Libs are super protective of their favorite pet minority

 

[Marener]

Sorry if you cannot handle reality

But I am not a racist

All racists think they're being real.

But they're just being racist.

 

[surada]

The destruction of the U.S. economy is putting the crunch on everyone.....and in response people are gambling with their homes....

Americans are canceling their homeowner’s insurance because they can no longer afford it, reports the Wall Street Journal.

Welcome to Joe Biden’s America, where the ruling party doesn’t want you to own anything.

“Homeowners are increasingly forgoing home insurance, gambling that the likelihood of a disaster isn’t high enough to justify the cost of a policy,” reports the Journal.

“Some skipping insurance say they are doing so because they can no longer afford the rising premiums,” the report adds. “The national average for home insurance based on $250,000 in dwelling coverage increased this year to $1,428 annually, up 20% from 2022, according to Bankrate.”

That’s a jump of 20 percent in a single year.

“Twelve percent of homeowners in the U.S. don’t purchase homeowners’ insurance. About half of them have annual household incomes of less than $40,000, according to a 2023 survey[.]”
-----
Not having insurance is a major gamble. Insurance not only covers the cost of replacing your house but also its contents, removal of the old house, and a place to live until the new dwelling is in place. That coverage might vary depending on your policy, but that’s all pretty standard.

Even if you decide to abandon your home in the event of a fire or flood or whatever, you could still assume liability with the clean-up.

What strikes me is how financially strapped some people are to take this kind of risk with the most important asset they will likely ever own — their home.

For most of us, for everyday people, your house is not only your shelter; it’s your future. Your home is the thing you build old age and retirement on. Not to put too fine a point on it, but it’s the rock in your life, the thing you can always count on and even draw on in the event of an emergency. The thought of losing my home is unimaginable, and how that loss would annihilate my future plans is even more unimaginable.

But things have gotten so bad in this Biden economy — most especially the soaring cost of the things closest to families, like goods and gas — that something’s got to give, so people apparently think the homeowner’s insurance is worth the gamble.

Nolte: Families Canceling Costly Home Insurance in Biden’s America

Americans are canceling their homeowner’s insurance because they can no longer afford it, reports the Wall Street Journal.

www.breitbart.com

This is all part of the democrat party plan to force people out of individual homes.....the left, now solidly in control of the democrat party, hates the idea that you have a home. They are insane, they need to be stopped.....

This is the goal, not an accident........


You will have nothing......you will be happy.....or you will be punished.

In Florida 5 homeowners insurance companies have left the state. Democrats did do that.

 

[surada]

Isnt that what happened in 08? Low quality subprime loans to minorities that couldnt afford the homes. They, minorities, were 3 times more likely to receive those loans.
Maybe, just maybe, his response is based off history and not "but muh racismmmmmm"

Dubya was on a mission to increase minority home ownership.

 

[Marener]

Isnt that what happened in 08? Low quality subprime loans to minorities that couldnt afford the homes. They, minorities, were 3 times more likely to receive those loans.
Maybe, just maybe, his response is based off history and not "but muh racismmmmmm"

Minorities were more likely to be offered those loans even when they qualified for normal loans. That demonstrates a systemic racism problem with lending institutions.

But surely you wouldn't suggest that only minorities were given subprime loans, right?

 

[TNHarley]

Doesn't look like it to me.

View attachment 822441

Trees store carbon, but a wind farm produces power. Which is greener?

Put up a wind farm or preserve the forest? New York has ambitious climate goals, but local opponents have their own ideas.

www.csmonitor.com

313 acres of forest for ONE wind farm. Do you ever think, or does the cult in you just make you react?

 

[TNHarley]

But surely you wouldn't suggest that only minorities were given subprime loans, right?

No, I clearly stated they were three times more likely to get those loans.

 

[TNHarley]

Dubya was on a mission to increase minority home ownership.

He was the only one that tried to stop the crash. Even republicans ignored his pleas.

 

[Marener]

Trees store carbon, but a wind farm produces power. Which is greener?

Put up a wind farm or preserve the forest? New York has ambitious climate goals, but local opponents have their own ideas.

www.csmonitor.com

313 acres of forest for ONE wind farm. Do you ever think, or does the cult in you just make you react?

An acre of forest takes in about 2.6 tons of CO2 per year. So the 330 acres is about 858 tons of CO2.

Natural gas produces 800 lbs of CO2 per MWh. So to break even the wind turbines have to produce 2145 MWh.

One turbine produces 6000 MWh per year. So the 27 turbines will make 162,000 MHh per year.

That means that the wind turbines beat the trees by a factor of 75.

Maybe we should bulldoze those trees and build a power plant instead? Or should we bulldoze those trees for mines?

I think a lot. Do you?

 

[Marener]

No, I clearly stated they were three times more likely to get those loans.

You'd have to be more precise about what you're saying. For those who received loans, they were more likely to receive subprime loans. But they were already less likely to receive loans in general.

That means they weren't the cause of the subprime crisis. They were a small part of it.

The vast majority was driven by white homeowners.

 

[Lesh]

This has to be one of your dumbest posts ever.

Insurance rates are increasing because of the bullshit property values the government is imposing on homes in an effort to dramatically increase tax revenues.

My property value jumped over 30% THIS YEAR and that has NOTHING to do with climate change.

Which has exactly nothing to do with Biden or the Federal government.

Property taxes are local

 

[marvin martian]

They're trolls. The garbage they're already posting this morning is pathetic.

Beat it, slaver.

 

[Remodeling Maidiac]

Which has exactly nothing to do with Biden or the Federal government.

Property taxes are local

Ok so no states are required to send money to the feds. Is that your position?

Good grief

 

[TNHarley]

An acre of forest takes in about 2.6 tons of CO2 per year. So the 330 acres is about 858 tons of CO2.

Natural gas produces 800 lbs of CO2 per MWh. So to break even the wind turbines have to produce 2145 MWh.

One turbine produces 6000 MWh per year. So the 27 turbines will make 162,000 MHh per year.

That means that the wind turbines beat the trees by a factor of 75.

I think a lot. Do you?

You reacted and posted one picture where no land was cleared. I showed you one link that makes you look stupid.
Sorry about your luck.

 

[Remodeling Maidiac]

“The national average for home insurance based on $250,000 in dwelling coverage increased this year to $1,428 annually, up 20% from 2022, according to Bankrate.”

I can't at all relate to Bankrate's figuring. I didn't change insurance company, nor coverage, and my home insurance dropped by $16 this year. Paid State Farm $796 on my $594K house.

I can't at all relate to your figuring.
My insurance isn't that low and my house is worth half that. And mine went up.

Numbers seem bogus based on your property value.

 

[TNHarley]

You'd have to be more precise about what you're saying. For those who received loans, they were more likely to receive subprime loans. But they were already less likely to receive loans in general.

That means they weren't the cause of the subprime crisis. They were a small part of it.

The vast majority was driven by white homeowners.

Can you try to be right, just once?

Subprime Crisis Lingers for Minorities

crr.bc.edu

https://www.huduser.gov/Publications/pdf/unequal_full.pdf

51% of subprime loans were to blacks in 1998. 9% to whites. The rest were mostly to hispanics. Thats just one year.
In 1993, it was an 8-1 ratio.

 

[Remodeling Maidiac]

In fact those numbers are so low they barely cover liability only car insurance

 

[White 6]

The destruction of the U.S. economy is putting the crunch on everyone.....and in response people are gambling with their homes....

Americans are canceling their homeowner’s insurance because they can no longer afford it, reports the Wall Street Journal.

Welcome to Joe Biden’s America, where the ruling party doesn’t want you to own anything.

“Homeowners are increasingly forgoing home insurance, gambling that the likelihood of a disaster isn’t high enough to justify the cost of a policy,” reports the Journal.

“Some skipping insurance say they are doing so because they can no longer afford the rising premiums,” the report adds. “The national average for home insurance based on $250,000 in dwelling coverage increased this year to $1,428 annually, up 20% from 2022, according to Bankrate.”

That’s a jump of 20 percent in a single year.

“Twelve percent of homeowners in the U.S. don’t purchase homeowners’ insurance. About half of them have annual household incomes of less than $40,000, according to a 2023 survey[.]”
-----
Not having insurance is a major gamble. Insurance not only covers the cost of replacing your house but also its contents, removal of the old house, and a place to live until the new dwelling is in place. That coverage might vary depending on your policy, but that’s all pretty standard.

Even if you decide to abandon your home in the event of a fire or flood or whatever, you could still assume liability with the clean-up.

What strikes me is how financially strapped some people are to take this kind of risk with the most important asset they will likely ever own — their home.

For most of us, for everyday people, your house is not only your shelter; it’s your future. Your home is the thing you build old age and retirement on. Not to put too fine a point on it, but it’s the rock in your life, the thing you can always count on and even draw on in the event of an emergency. The thought of losing my home is unimaginable, and how that loss would annihilate my future plans is even more unimaginable.

But things have gotten so bad in this Biden economy — most especially the soaring cost of the things closest to families, like goods and gas — that something’s got to give, so people apparently think the homeowner’s insurance is worth the gamble.

Nolte: Families Canceling Costly Home Insurance in Biden’s America

Americans are canceling their homeowner’s insurance because they can no longer afford it, reports the Wall Street Journal.

www.breitbart.com

This is all part of the democrat party plan to force people out of individual homes.....the left, now solidly in control of the democrat party, hates the idea that you have a home. They are insane, they need to be stopped.....

This is the goal, not an accident........


You will have nothing......you will be happy.....or you will be punished.

Most of these are people that paid cash or can pay to replace. Banks and lending institutions require homeowners insurance or won't front the money or take the risk to institution funds.