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'Who will buy my house if they can't get insurance'
(www.bbc.com)
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this post was submitted on 12 Aug 2023
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You know who can pay those high prices. The companies that are buying up all the houses for resale or whatever. And I'm willing to bet that they get a nice fat reduction in the insurance bill.
Obviously this is where the government needs to step in, but honestly that won't happen. Not even gonna fantasize about that.
Who are the companies then reselling the houses to?
They rent them out.