• glimse@lemmy.world
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    19 hours ago

    You mean if someone burned them down and blackrock got an insurance payout valued higher at the homes were worth allowing them to build lower quality replacements and rent it out at an even higher price to people because it’s new and driving the average home price even higher? Yeah, that would be a shame

    • morrowind@lemmy.ml
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      14 hours ago

      Meanwhile insurance prices go up for everyone else, and housing supply goes down, making cost of housing higher still