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Cake day: July 2nd, 2023

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  • Nah, when the cost of insurance skyrockets, people lose their homes and leave. New buyers come in for a time, but eventually the only buyers are those that can pay cash. They tend to also have the means to leave, if not mitigate the fire risk directly through large scale construction. Same thing is happening in Florida now. Coastal houses that used to be a million dollars, but uninsurable, are being replaced with 5 to 25 million dollar houses that can withstand anything. Or entire neighborhoods get replaced with condos that look like they’re built to withstand anything, but it’s really a scam.











  • Prices go down due to competition. So the government can’t lower prices, unless it destroys demand so the existing levels of competition cause lower prices. The government can lower demand by raising taxes, or if the fed raises interest rates. Eventually leading to enough unemployment to lower demand.

    In short, if the government makes prices go down, people tend to burn down the government before that happens. So it’s not really something they can do. Increasing prices is a whole different thing, inflation pisses people off in smaller doses, and keeps them in jobs, so they’re too busy to grab pitch forks and torches.