On: Is the world becoming uninsurable?

[jopsen]

Probably they will, at one point maybe that banks wills stop financing it.

But only when you can't get mortgages, people will begin to stop, and even then some will continue.

It'll take a long time for these changes to trickle out. Especially, when real estate prices in LA are so high.

It might be faster to fix this with zoning. Or if the area is so desirable, find a way to engineer your way out of it.

[danielmarkbruce → jopsen]

We don't want fast fixes. Things change, building materials could change, fire fighting methods could improve etc. If we can send the right signal via the right price for the risk, people can react accordingly to either reduce or avoid the problem.