I love pets, but don’t be surprised when landlords exit the business and invest their money into, say, a mutual fund that doesn’t bite toddlers or call them about unplugging a clogged toilet.
SACRAMENTO – What do the state’s insurance and housing crises have in common? Obviously, homeowner policies have an impact on housing costs, but I’m referring to something different, namely the concept of open-ended risk. Insurers arebecause state policies limit their ability to price policies to reflect the risk of a major wildfire season. They rather pull out of California than risk the destruction of their assets.that subject landlords to an incalculable level of risk.
Many owners are afraid if they let strangers rent their units they’ll never be able to reclaim them. They rather forego $3,300 a month inthan take that potentially devastating risk. That’s because the risk is not calculable. Investors can navigate their way around costs they understand but will exit if the risks are too high.
The number of incidents has soared, so much so that one entrepreneur has started a business helping landlords retake their own properties. In a sane society, no one should have to worry about this. Other states have laws to expedite the removal of these home invaders, but California requires an overly drawn-out process, leaving owners at the mercy of progressive judges.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Democrats losing their hold on California and California losing its hold on America Democrats are losing ground in California as California loses population to other states.
Read more »
Nearly half of California high school graduates don’t qualify to apply to a California universityPublic high schools in California offer mixed results in prepping kids for the next level. Some say it’s unfair. Others say college isn’t for everyone.
Read more »
Buckeye blitz: Trump dominance in Ohio tests limits of Democrats’ 2024 meddlingDemocrats may have gotten their preferred Ohio Senate challenger in Bernie Moreno, but Donald Trump may carry Moreno over the finish line.
Read more »
Democratic meddling in Ohio GOP Senate primary is hypocriticalIn the 2022 midterm elections, Democrats employed the cynical tactic — which paid off but reeked powerfully, and enduringly, of hypocrisy.
Read more »
Russia's Foreign Intelligence Service Accuses Biden Administration of Meddling in Presidential ElectionRussia's Foreign Intelligence Service (SVR) has accused the Biden administration of attempting to interfere in Russia's upcoming presidential election by using non-governmental organizations (NGOs) to influence voter turnout. The SVR claims that the U.S. aims to undermine the election results by discouraging voters from participating. Russian President Vladimir Putin is expected to win the election by a large margin, but Western analysts have previously accused Russia of election rigging.
Read more »
Miss Manners: When an injured elbow met a meddling strangerAdvice from Judith Martin, Nicholas Ivor Martin and Jacobina Martin.
Read more »