MASTER OF DISASTER

Insurance depends on the ability to accurately price risk, to accurately measure future value. Typically, getting a mortgage depends on the bank agreeing that the house it's loaning you money to buy will hold its value for 30 years. There is some evidence that rising home prices in the safer co...

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Veröffentlicht in:Mother Jones 2025-01, Vol.50 (1), p.16-18
1. Verfasser: Steffen, Alex
Format: Magazinearticle
Sprache:eng
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Zusammenfassung:Insurance depends on the ability to accurately price risk, to accurately measure future value. Typically, getting a mortgage depends on the bank agreeing that the house it's loaning you money to buy will hold its value for 30 years. There is some evidence that rising home prices in the safer communities in the Great Lakes and Northwest are starting to be driven by (largely wealthier) newcomers relocating away from climate change. With the power of the presidency unchecked, a submissive Congress, a compliant Supreme Court, and an army of acolytes in governors' mansions and state legislatures, Trump will be in a position to do far, far worse this time around.
ISSN:0362-8841
2169-7396