Built to Last
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The insurance industry quietly rules our lives. It determines where and what we build. It’s also a linchpin of the housing market. Without it, homeowners can’t get mortgages. And without mortgages, most people can’t buy homes, and the whole housing market starts to collapse.</ ...
You asked, we answered. Listeners wrote in wanting to know: “Who the hell loans these people money for mortgages” in risky coastal areas? Who ultimately owns the risk? Do certain investments, like REITs, drive gentrification (and what the heck is a REIT, anyway)? And finally, ...