Hooray! Little by little, the private market is taking over the inefficient NFIP approach, led by a misguided US Congress as regards mitigation efforts and adequate rates.
Poor sentence structure above; it is NFIP & the US Congress, not the private property insurance market, which I intended to suggest as inefficient due to the 2 reasons I gave. Bear culpa.
This is a good thing. San Francisco has struggled for too long with extremely low cost of living. This should help make the city a little more expensive, which will indirectly help with their problem of not having enough of a homeless population to properly soil the streets there. Bravo!
Hooray! Little by little, the private market is taking over the inefficient NFIP approach, led by a misguided US Congress as regards mitigation efforts and adequate rates.
Poor sentence structure above; it is NFIP & the US Congress, not the private property insurance market, which I intended to suggest as inefficient due to the 2 reasons I gave. Bear culpa.
“all models are wrong, but some are useful”. from English statistician George E. P. Box :)
This is a good thing. San Francisco has struggled for too long with extremely low cost of living. This should help make the city a little more expensive, which will indirectly help with their problem of not having enough of a homeless population to properly soil the streets there. Bravo!