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478 points spking | 2 comments | 17 Jan 25 00:32 UTC | HN request time: 0.001s | source

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datavirtue ◴[17 Jan 25 01:48 UTC] No.42733193[source]▶

Part of this is that homes are too fancy and large. All of that translates into elevated costs and risks.

1. JKCalhoun ◴[17 Jan 25 04:24 UTC] No.42734066[source]▶

Also, they are not building small homes anyway.

Developers here in the Midwaste aren't going to put a cheap house on a lot if they can instead put a 3500 sq. ft. home and get triple the profit.

replies(1): >>42734348 #

2. Sabinus ◴[17 Jan 25 05:19 UTC] No.42734348[source]▶

And if the developers can't sell that house because it's uninsurable, then they will stop.

Is the world becoming uninsurable?