On Wed, 30 Oct 2002, Cyril Morong wrote: > I wonder if this will cause moral hazard, that people will not take care of > their houses as well as they used to, lowering the value. > Seems quite unlikely. The article says that it insures against a fall in the price of houses in your area, not against a fall in the price of your particular house.
Eric Crampton > Cyril Morong > > >
