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On Fri, 29 Sep 2023 06:57:23 -0400, Governor Swill
<
governor.swill@gmail.com> wrote:
>On Fri, 29 Sep 2023 06:42:17 -0400, Attila <<
prochoice@here.now> wrote:
>
>>One small problem - most of the time a mortgage company will
>>require property insurance. No insurance, no loan. If you
>>already have one immediate repayment is required or the
>>mortgage company will get a policy and require you to pay
>>the premium.
>>
>>Result - no more home loans and the only homes sold will be
>>for cash. And of course no more new homes.
>>
>>Result - collapse of the home building market, the secondary
>>supply market, and the financial system that relies on
>>mortgage income. Leading to a total collapse of the economy
>>including many retirement funds that are invested in the
>>mortgage market.
>
>Meanwhile DeSantis is too busy running for President to tend to
his state`s home insurance
>woes.
>
>Swill
What do think he can do to force private industry to offer a product
in his state that they don`t want to offer?
--- Forte Free Agent 3.3/32.846
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