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    CelloMom On Cars (cellomomoncars@mastodon.social)'s status on Thursday, 16-Jan-2025 00:10:28 JSTCelloMom On CarsCelloMom On Cars

    The words "mortgage meltdown" have been used.

    Insurance Crisis Could Spark Housing Market Crash Worse Than 2008: Report

    "The growing instability in the U.S. #HomeInsurance markets could lead to a housing crash worse than the 2008 one unless policymakers act fast, warns the Senate Budget Committee in a new report."

    https://www.newsweek.com/insurance-crisis-could-spark-housing-market-crash-worse-2008-report-2003540

    In conversationabout 15 days ago from mastodon.socialpermalink

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      Insurance crisis could spark housing market crash worse than 2008: Report
      A nationwide crisis of the home insurance market in the US, sparked by climate change, could lead to a housing crash worse than in 2008, a new report warns.
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