August 29, 2023
Owning a home has become so expensive, that many people are cancelling their insurance:
The national average home insurance for $250,000 in coverage is up another 20% this year, to a record $1,428/year.
This is on top of an average monthly mortgage payment that just crossed $2,500/month.
Record levels of debt, the most unaffordable housing market in history, and now uninsured homeowners.
What could possibly go wrong?
Posted by: Timothy Birdnow at
09:24 AM
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