Finally closing on my mothereffing house

[rnch]

and flood insurance magically makes the cost disappear, with no fiscal ramifications for those whose house didn't get wrecked.

you buy car insurance, but you don't wreck your car every month....i fail to see the validity of your assertion.

 

[binö]

you buy car insurance, but you don't wreck your car every month....i fail to see the validity of your assertion.

the fiscal effect of a disaster so big as katrina, and the possibillity of it happening again, will make home ownership in NO more costly than in ohio.
seems pretty obvious

 

[rnch]

the fiscal effect of a disaster so big as katrina, and the possibillity of it happening again, will make home ownership in NO more costly than in ohio.
seems pretty obvious

i have no idea what it costs for homeowner's/flood insurance in ohio; so i cannot accurately compare the two locals. surely it will rise after a big payout event of nature. this is how life goes.

bino, you now are a resident of california...do you think the frequent fires in CA raise the cost of insurance for insured in the rest of CA...or the rest of the country? how about hurricanes in southern FL? or tornadoes in OK or KS? or giant snow storms/floods in the north east/mid west parts of our country?

your "point" is not well thought out.......

 

[jnevin]

I swear to fuckin' god I read every one of rnch's posts in a scarlet o'hara voice.

 

[rnch]

I swear to fuckin' god I read every one of rnch's posts in a scarlet o'hara voice.

then don't talk out loud in your normal speaking voice when u read 'em!

 

[binö]

i have no idea what it costs for homeowner's/flood insurance in ohio; so i cannot accurately comment on this. surely it will rise after a big payout event of nature. this is how life goes.

bino, you now are a resident of california...do you think the frequent fires in CA raise the cost of insurance for insured in the rest of CA...or the rest of the country? how about hurricanes in southern FL? or tornadoes in OK or KS? or giant snow storms/floods in the north east/mid west parts of our country?

your "point" is not well thought out.......

obviously frequent fire activity will increase costs.
but fires don't come thru and wipe out hundreds of thousands of houses, that never happens.
if fire swept thru LA frequently then you're point would be valid.
fire is controllable and predictable (to a degree)
hurricanes are not...where i live>safer from natty disaster than where you live, and hence, cheaper

 

[miplank]

I swear to fuckin' god I read every one of rnch's posts in a scarlet o'hara voice.

lololol

 

[binö]

I swear to fuckin' god I read every one of rnch's posts in a scarlet o'hara voice.

BM-erin brokovich

 

[Big Rick Rock]

Good 4 You!

 

[rnch]

obviously frequent fire activity will increase costs.
but fires don't come thru and wipe out hundreds of thousands of houses, that never happens.
if fire swept thru LA frequently then you're point would be valid.
fire is controllable and predictable (to a degree)
hurricanes are not...where i live>safer from natty disaster than where you live, and hence, cheaper

oh, really? how many houses have been burnt to the ground in CA since august 2005 (katrina)?

given the initial cost of houses in CA and what property taxes cost every year...and the cost of fire insurance i doubt "your area" is "cheaper".

also, bino, you are confusing a natural disaster (fire) with a man-made disaster (the flooding of new orleans).

the city of new orelans survived hurricne katrina. the flooding happened AFTER karina had passed by the city; when the FEDERAL DESIGNED, BUILT AND MAINTAINED flood control system failed to live up to it's design specifications and promises.

blame the United States Corps of Engineers, not hurricane katrina for the flooding (and the associated costs) of new orleans!