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<blockquote style="position: relative; padding-left: 55px;"><section><a href="https://mastodon.nu/users/torparskytt/statuses/113904992467670875">Torparskytt 🏴‍☠️ (torparskytt@mastodon.nu)'s status on Friday, 31-Jan-2025 00:41:26 JST</a><a href="https://mastodon.nu/@torparskytt" title="torparskytt@mastodon.nu"><img src="https://gnusocial.jp/avatar/110705-48-20231113213559.webp" width="48" height="48" alt="Torparskytt 🏴‍☠️" style="position: absolute; left: 0; top: 0;">Torparskytt 🏴‍☠️</a></section><article><p>The price mechanism 🥰 <a href="https://mastodon.nu/tags/CaliforniaFires" rel="tag">#CaliforniaFires</a> <a href="https://mastodon.nu/tags/economics" rel="tag">#economics</a> </p><p>”High insurance prices are how the market both signals that an area is a risky place to live […] When governments mess with insurance prices—either through subsidies, cheap public insurance, or price controls—the result is always the same. More people move to dangerous areas that are highly susceptible to natural disasters. (1/2)</p></article><footer><a rel="bookmark" href="https://gnusocial.jp/conversation/4478301#notice-8767518">In conversation</a><time datetime="2025-01-31T00:41:26+09:00" title="Friday, 31-Jan-2025 00:41:26 JST">about 4 months ago</time> <span>from <span><a href="https://mastodon.nu/@torparskytt/113904992467670875" rel="external" title="Sent from mastodon.nu via ActivityPub">mastodon.nu</a></span></span><a href="https://mastodon.nu/@torparskytt/113904992467670875">permalink</a></footer></blockquote>

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Torparskytt 🏴‍☠️ (torparskytt@mastodon.nu)'s status on Friday, 31-Jan-2025 00:41:26 JST Torparskytt 🏴‍☠️
The price mechanism 🥰 #CaliforniaFires #economics
”High insurance prices are how the market both signals that an area is a risky place to live […] When governments mess with insurance prices—either through subsidies, cheap public insurance, or price controls—the result is always the same. More people move to dangerous areas that are highly susceptible to natural disasters. (1/2)
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