In Canada, there have been a lot of cases of arsonists setting fire to homes that have just been finished, or are near completion, with valuations that are underwater 🧐

https://www.greaterfool.ca/2023/12/17/the-burning/

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Thatll make the houses cheaper

Insurance premiums will skyrocket for buyers.

What’s that called again? Moral hazard? 🤣

😂

Movr along, nothing to see here