Everyone in the UK has heard of the cheap housing available on the continent. You can buy a house for a pound in Italy and Portugal. In 1987, Japanese homebuyers contemplated 100-year multi-generational mortgages because house prices had risen to unfathomable levels. Today, a house in the Japanese countryside can be yours for a few hundred dollars. Demographics explain the cheap housing; an aging and shrinking population requires less housing Over the past several years Florida has faced several problems, including weather and the state's extremely litigiousness. The home insurance market is extremely regulated, far more than almost any other financial product, the reason is that payoffs are rare and are clustered. Therefore, insurance companies have to demonstrate certain financial strength. In Florida, over the past several years total premiums paid were substantially lower than the insurance payouts (weather & lawsuits). In the past...
Life of a Norfolk farmer