Okay let me find a negative value property around my neighborhood… None! Could it be a get rich quick loophole? Nope.
Comment on Insuranace is a joke
fodor@lemmy.zip 10 months agoThat’s basically untrue. If a building is rotten and full of mold, then it might have to be torn down before anything new could be created. Then it might have negative value, but the property itself could still have a lot of value.
altphoto@lemmy.today 10 months ago
WoodScientist@lemmy.world 10 months ago
Negative value property? Easy. It’s called a timeshare!
thermal_shock@lemmy.world 10 months ago
Doesn’t make his claim untrue, just an exception.