Message from @Deleted User
Discord ID: 543575294527668224
property insurers
Yep
But @Abstract Cossack keep in mind, government ruins the metrics a bit
U think anyone else im the world has a more compelling interest foe an accueate forcast?
Oh don get me started on govt numbers
You’d think tho -
Because of the “aid” programs they keep pumping out, it basically makes people unaware of the exact risk to life and property
Nah not in the way you’re thinking I reckon
private insurers should have independent metrics rigt?
The issue I’m seeing is that government “aid” after a disaster fucks the cost numbers up
mmm interesting
i didn’t consider that angle b4
Because if the insurer doesn’t have to pay out anywhere near enough to cover the cost of a natural disaster in, say, the Louisiana region because of government “aid”
Can you imagine the difference in premiums?
Or on the effect of people choosing to live in those localities?
AAAAAHHHH!
1!!11!1
yes
Right?
yup
But on the other hand, they’re also screwing it up by covering at least part of the cost of natural disasters
i am always under the assumption
if there’s a way to screw it up
govt will find it
It’s like Murphy’s law but for government
makes more jobs for them
We should dub it Marx’s law
yes
Or Sowell’s law
Cause ... I’m not sure if it’s him or Friedman that summed up government for me
i like that you’ve demonstrated they have an incentive to mess up the same stats in two seemingly contradictory ways too
“If you want to perpetuate a problem, you create a government department dedicated to solving it”
I think it was Sowell but I’m not 100% certain
i’ll use that and say “a man much smarter than you’ in conversation
sounds a lot like Sowell or Friedman. Could be either very easily
I think it was Sowell talking about government education
he has a lot of good zingers
he said that a California land development bureau would have to hire a Blue Ribbon Committee to find out why the ground is wet after a rain
....
in response to why affordable housing initiatives drive up cost of housing