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Literally the top of the article you'll see wildfires and rapidly growing construction costs as the major factors. In the Bay Area, my HOA's insurance carrier
by inferiorhuman 3y ago
Literally the top of the article you'll see wildfires and rapidly growing construction costs as the major factors. In the Bay Area, my HOA's insurance carrier doesn't have any general contractors willing to participate in their repair program. Try finding a licensed contractor on your own, most won't get out of bed for anything under six figures even if you're okay with unpermitted work.
Labor is scarce, demand is high (wildfires), and materials are expensive. I know a few folks in the trades out here and one is constantly at his lake house, the other is constantly on vacation or touring with his band.
- KennyBlanken 3y agoShhhh, you're going against the HN groupthink - regulation bad, free enterprise good, homeless / druggies running amock thanks to libruh blah blah blah!
- cscurmudgeon 3y agoDo you think regulation has no impact on those factors? Worst wildfires in the Bay Area were a few years ago.
- pxmpxm 3y agoStrict liability for the power company -> rolling blackouts. Price caps for insurance policies -> no insurance policies. Multi year environmental study requirements -> no new construction. Decriminalization of theft -> rampant theft. Eviction moratorium -> rent inflation and 800+ credit score requirements. There's enough of this make a small encyclopedia.