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When you buy a house in a town there's some chance you may spend the rest of your life there. Even if the risk really is 1/1000 per year, it's still N/1000 per
by brlewis 9y ago
When you buy a house in a town there's some chance you may spend the rest of your life there. Even if the risk really is 1/1000 per year, it's still N/1000 per house.
And the risk may be higher than 1/1000 per year given how much motivation is out there to understate the risk and say that nobody could have seen this coming.