Hacker News new | past | comments | ask | show | jobs | submit login

I remember reading something about how in Japan the home depreciates very quickly, has to do with liablity/insurance of an old home. Essentially it forces the prices to be about the lot, and not the home. And consequently homes are rebuilt more often. Which boosts their economy.

They also have strict construction laws about blocking your neighbour's sunlight.

Apparently in Florida it's very hard/expensive to get home insurance too, because of frequent termite, tornado, flood, humidity damage. So Nature might be doing the same there.




There are more than "preserving sunlight law". In some places you need to get permission from local community council in order to build anything. The height, shape, colour, all restricted, for landscape reasons. But just rare places do this. Usually around sight-seeing spot or rich people's areas.

There are still sparse farm lands everywhere but a lot of those turning into apartments and car parks recent years. Abandoned houses are converting too.


My understanding is that Florida's insurance problems come from fraud eg. https://news.fiu.edu/2022/the-big-reason-florida-insurance-c...


homeowner's insurance in Florida covers neither termites nor flood. So those are not causes


Those things are generally not covered anywhere in the US (at least the places I've lived), unless you have special additional coverage.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: