I think this is a way to get things passed without having to admit the cost. It would be cheaper to have the government cover the insurance since there will be no profit taking. But if that was done they would have to admit just how much these small rural communities are costing.
The companies are only all to glad to have a guaranteed profit with capped responsibilities when the time to pay comes due. They won’t even have to raise the rates and can underwrite more expensive and numerically more homes than make any sense since what the company has to pay is capped.
This is a complete failure of Governance made at the behest of the elected. Of course the people who live there want it. Free money, cheap living and no need to adjust your living to the world around you.
I think this is a way to get things passed without having to admit the cost. It would be cheaper to have the government cover the insurance since there will be no profit taking. But if that was done they would have to admit just how much these small rural communities are costing.
The companies are only all to glad to have a guaranteed profit with capped responsibilities when the time to pay comes due. They won’t even have to raise the rates and can underwrite more expensive and numerically more homes than make any sense since what the company has to pay is capped.
This is a complete failure of Governance made at the behest of the elected. Of course the people who live there want it. Free money, cheap living and no need to adjust your living to the world around you.