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

[elektra]

If you are only making 22K a year, you have no business owning a home.

If you dont make 80k a year it should be against the law for you to own a home

 

[JoeB131]

If you dont make 80k a year it should be against the law for you to own a home

Awesome idea. That will bring us to socialism that much faster! You go, Girl.

 

[TNHarley]

Wow. You mean to tell me there are still retards out there who blame the GLOBAL economic crash of 2008 on NEGROES!?!

Maybe you need to follow the conversation.
Dumbass.

 

[elektra]

Awesome idea. That will bring us to socialism that much faster! You go, Girl.

You stated people making 22k a year should not be allowed to buy a house. So, obviously based on your reasoning, you should make at least 80k before you can buy a house.

If you see that as socialism, than look in the mirror, I just repeated what you said.

 

[Mac-7]

You stated people making 22k a year should not be allowed to buy a house. So, obviously based on your reasoning, you should make at least 80k before you can buy a house.

If you see that as socialism, than look in the mirror, I just repeated what you said.

Having a 20% minimum downpayment and verified income would hav avoided the great recession of 2008

 

[Lesh]

You stated people making 22k a year should not be allowed to buy a house. So, obviously based on your reasoning, you should make at least 80k before you can buy a house.

If you see that as socialism, than look in the mirror, I just repeated what you said.

Actually he inferred that people making $22K couldn’t afford a house and he’s right

 

[elektra]

Actually he inferred that people making $22K couldn’t afford a house and he’s right

no, this is what JoeB stated

JoeB131 said:
If you are only making 22K a year, you have no business owning a home.

 

[elektra]

Having a 20% minimum downpayment and verified income would hav avoided the great recession of 2008

If the government did not change their rules, regulations, and laws allowing for 30 year mortgages we would of avoided the great recession of 2008, as well.

 

[Cellblock2429]

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.

/----/ Bidenomincs in full swing And democRATs can't wait to vote for four more years of pain.

 

[Mac-7]

If the government did not change their rules, regulations, and laws allowing for 30 year mortgages we would of avoided the great recession of 2008, as well.

Yes, the recession was entirely bleeding heart lib driven

 

[Lesh]

It was entirely Greed Driven

Greed on the part of bankers and insurance companies

Green on the part of home owners

Greed on the part of investors

Political greed on the part of the Bush Admin

 

[AntonToo]

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.

Joe Biden doesn't set property values silly, your state does (hopefully reflecting true market value).

How has federal policy under Joe Biden effected real estate prices? it DESPRESSED them, because far and away the most consequential policy for real estate has been high interest rates.

Home Prices Fell 3% in March—Biggest Annual Drop in Over a Decade

Pandemic boomtowns and pricey coastal markets, including Austin and San Jose, saw among the largest price declines.

www.redfin.com

 

[elektra]

Political greed on the part of the Bush Admin

Political greed or financial greed. I see the Housing Crisis of the Bush administration as, "the apple does not fall far from the tree".

Do you know why that is a true statement. Just testing the depth of your knowledge of politics. Most wont know what I am referring to.

 

[Dragonlady]

$1428 on a $250K home?

That really doesn't sound like that much.

I was paying $400 per year back when my house was valued at $50,000 back in the 1970s when I was making $15,000 per year. That house was destroyed in a tornado and had to be demolished. So $1428 on a quarter of a million in risk doesn't sound outrageous to me - given the increases in climate change losses in recent years. 5 times the risk, but less than 4 times the cost.

 

[Remodeling Maidiac]

Joe Biden doesn't set property values silly, your state does (hopefully reflecting true market value).

I never claimed he did. The "government" applies to all elected and bureaucratic assholes who just want more more more and Biden is not exempt from that philosophy

 

[Dragonlady]

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.

The government doesn't impose any values on homes. Property is worth whatever the market will pay for it, no more, no less. If you price your house to low, a bidding war may ensue and you'll get more than you asked for it. If it's too high, your house won't sell, and you might trying lowering your price.

The government taxes your home on the basis of the market value, not the other way around.

Your property value, or the replacement value of your property went up 30%? They're not the same thing. You're insuring your replacement value, not your property value. Your property value includes the value of your land, which doesn't burn. Your replacement value is just the cost of rebuilding the house or other buildings, in the event they're destroyed. And your replacement value can go up, even if your property value went down.

 

[2aguy]

I was paying $400 per year back when my house was valued at $50,000 back in the 1970s when I was making $15,000 per year. That house was destroyed in a tornado and had to be demolished. So $1428 on a quarter of a million in risk doesn't sound outrageous to me - given the increases in climate change losses in recent years. 5 times the risk, but less than 4 times the cost.

There are no climate change losses....that is a lie....

Alexander’s paper begins by remarking, “The purported link between extreme weather and global warming has captured the public imagination and attention of the mainstream media far more than any of the other claims made by the narrative of human-caused climate change.” This is odd because data and analyses from the Intergovernmental Panel on Climate Change (IPCC), the U.N. body that climate alarmists in academic, political, and media circles continually cite as the authoritative source of information on climate change, confirm that

“if there is any trend at all in extreme weather, it’s downward rather than upward. Our most extreme weather, be it heat wave, drought, flood, hurricane or tornado, occurred many years ago, long before the carbon dioxide level in the atmosphere began to climb at its present rate,” writes Alexander.



“Recent atmospheric heat waves in western Europe,” writes Alexander, “pale in comparison with the soaring temperatures of the 1930s, a period when three of the seven continents and 32 of the 50 US states set all-time high temperature records, which still stand today.”



Nor has the IPCC discerned or identified any long-term trend in drought patterns, either in the United States or globally. And even though rainfall has modestly increased in recent years, there is no evidence floods are becoming more frequent or severe. Many recent flood events can be traced almost entirely to land-use changes such as channelization, deforestation, the destruction of wetlands, and the building of dams, Alexander notes.

http://[URL='https://heartland.org/...limate-change-is-not-causing-extreme-weather/

[/URL]

==========



Despite the claims of activists and the mainstream media that climate change is making major hurricanes – such as U.S. Hurricane Harvey in 2017 or Hurricane Katrina in 2005 – more frequent and stronger, several recent studies have found no evidence for either of these assertions.



In fact, a 2022 study reveals that tropical cyclones in general, which include hurricanes, typhoons and tropical storms, are letting up as the globe warms. Over the period from 1900 to 2012, the study authors found that the annual number of tropical cyclones declined by about 13% compared with the period between 1850 and 1900, when such powerful storms were actually on the rise.



This is illustrated in the figure below, showing the tropical cyclone trend calculated by the researchers, using a combination of actual sea-level observations and climate model experiments. The solid blue line is the annual number of tropical cyclones globally, and the red line is a five-year running mean.

---



You can see that hurricane activity in this basin has escalated over the last 20 years, especially in 2005 and 2020. But, despite the upsurge, the data also show that the frequency of major North Atlantic hurricanes in recent decades is merely comparable to that in the 1950s and 1960s – a period when the earth was cooling rather than warming.

A team of hurricane experts concluded in a 2021 study that, at least in the Atlantic, the recent apparent increase in major hurricanes results from improvements in observational capabilities since 1970 and is unlikely to be a true climate trend. And, even though it appears that major Atlantic hurricanes were less frequent before about 1940, the lower numbers simply reflect the relative lack of measurements in early years of the record. Aircraft reconnaissance flights to gather data on hurricanes only began in 1944, while satellite coverage dates only from the 1960s.



Science Under Attack



========

 

[Dragonlady]

There are no climate change losses....that is a lie....

Alexander’s paper begins by remarking, “The purported link between extreme weather and global warming has captured the public imagination and attention of the mainstream media far more than any of the other claims made by the narrative of human-caused climate change.” This is odd because data and analyses from the Intergovernmental Panel on Climate Change (IPCC), the U.N. body that climate alarmists in academic, political, and media circles continually cite as the authoritative source of information on climate change, confirm that

“if there is any trend at all in extreme weather, it’s downward rather than upward. Our most extreme weather, be it heat wave, drought, flood, hurricane or tornado, occurred many years ago, long before the carbon dioxide level in the atmosphere began to climb at its present rate,” writes Alexander.



“Recent atmospheric heat waves in western Europe,” writes Alexander, “pale in comparison with the soaring temperatures of the 1930s, a period when three of the seven continents and 32 of the 50 US states set all-time high temperature records, which still stand today.”



Nor has the IPCC discerned or identified any long-term trend in drought patterns, either in the United States or globally. And even though rainfall has modestly increased in recent years, there is no evidence floods are becoming more frequent or severe. Many recent flood events can be traced almost entirely to land-use changes such as channelization, deforestation, the destruction of wetlands, and the building of dams, Alexander notes.

http://[URL='https://heartland.org/...limate-change-is-not-causing-extreme-weather/

[/URL]

==========



Despite the claims of activists and the mainstream media that climate change is making major hurricanes – such as U.S. Hurricane Harvey in 2017 or Hurricane Katrina in 2005 – more frequent and stronger, several recent studies have found no evidence for either of these assertions.



In fact, a 2022 study reveals that tropical cyclones in general, which include hurricanes, typhoons and tropical storms, are letting up as the globe warms. Over the period from 1900 to 2012, the study authors found that the annual number of tropical cyclones declined by about 13% compared with the period between 1850 and 1900, when such powerful storms were actually on the rise.



This is illustrated in the figure below, showing the tropical cyclone trend calculated by the researchers, using a combination of actual sea-level observations and climate model experiments. The solid blue line is the annual number of tropical cyclones globally, and the red line is a five-year running mean.

---



You can see that hurricane activity in this basin has escalated over the last 20 years, especially in 2005 and 2020. But, despite the upsurge, the data also show that the frequency of major North Atlantic hurricanes in recent decades is merely comparable to that in the 1950s and 1960s – a period when the earth was cooling rather than warming.

A team of hurricane experts concluded in a 2021 study that, at least in the Atlantic, the recent apparent increase in major hurricanes results from improvements in observational capabilities since 1970 and is unlikely to be a true climate trend. And, even though it appears that major Atlantic hurricanes were less frequent before about 1940, the lower numbers simply reflect the relative lack of measurements in early years of the record. Aircraft reconnaissance flights to gather data on hurricanes only began in 1944, while satellite coverage dates only from the 1960s.



Science Under Attack



========

Heartland.org??? An anti-science propaganda site?

• Overall, we rate the Heartland Institute Right Biased and Questionable based on promoting anti-science propaganda, lack of transparency with funding, and more than five failed fact checks by IFCN fact-checkers.

Heartland Institute - Bias and Credibility

QUESTIONABLE SOURCE A questionable source exhibits one or more of the following: extreme bias, consistent promotion of propaganda/conspiracies, poor or no

mediabiasfactcheck.com

 

[Concerned American]

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.

Gee, and then when you get burned out, Quid Pro will send you $700 and you'll be happy while Oprah has an unimpeded view of the ocean.

 

[2aguy]

Heartland.org??? An anti-science propaganda site?

• Overall, we rate the Heartland Institute Right Biased and Questionable based on promoting anti-science propaganda, lack of transparency with funding, and more than five failed fact checks by IFCN fact-checkers.

Heartland Institute - Bias and Credibility

QUESTIONABLE SOURCE A questionable source exhibits one or more of the following: extreme bias, consistent promotion of propaganda/conspiracies, poor or no

mediabiasfactcheck.com

Wow....a left wing website saying my link is wrong.....boy, you really are stupid.