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Post by ausprep130 on May 23, 2023 14:17:28 GMT 10
"Like in Lismore where the govt deems flood affected houses to be unlivable for habitation and buy them off the owners? " But they haven't bought them, and its not compulsory to sell. Gunna flood again as sure as eggs. People build on a flood plain, what do they think is gunna happen ? Even Bunnings got done over. Since nobody knows who invented bitcoin. Is it possible it was the government slowly implementing a virtual currency to control our every financial moves? They don't have to compulsory acquire land. They simply need to make a law that all property must be insured and the insurance companies will happily oblige with huge price increases for poor coverage policies which will force people to sell.
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malewithatail
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Post by malewithatail on May 23, 2023 16:20:35 GMT 10
I'm sure that would work perfectly !!
The insurance companies are in on the scam as well.
"Conflict must be promoted everywhere"...1950's communist propaganda, but applicable to today's Governments.
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tactile
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Post by tactile on May 23, 2023 16:36:24 GMT 10
They don't have to compulsory acquire land. They simply need to make a law that all property must be insured and the insurance companies will happily oblige with huge price increases for poor coverage policies which will force people to sell. Banks require insurance for a mortgage dont they? Do they even have to make a law?
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Post by ausprep130 on May 24, 2023 11:35:54 GMT 10
They don't have to compulsory acquire land. They simply need to make a law that all property must be insured and the insurance companies will happily oblige with huge price increases for poor coverage policies which will force people to sell. Banks require insurance for a mortgage dont they? Do they even have to make a law?
True. But not everyone has a mortgage.
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malewithatail
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Post by malewithatail on May 24, 2023 12:54:11 GMT 10
I suppose if u can afford to buy outright, no need for a mortgage, then u can afford to self insure.
Dear Santa...I didn't know I couldn't do that, sorry.
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Post by ausprep130 on May 26, 2023 11:06:32 GMT 10
I suppose if u can afford to buy outright, no need for a mortgage, then u can afford to self insure. Dear Santa...I didn't know I couldn't do that, sorry. The point was that a law could be introduced to make insurance mandatory for all, even those who don't have a current mortgage. There are many people who have properties that no don't have mortgages. eg: through inheritance, property purchased when it was cheap, or have paid off their mortgage. Not many are in a position to buy property outright, and those that are would be more likely to obtain insurance anyway.
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malewithatail
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Post by malewithatail on May 26, 2023 12:11:38 GMT 10
True, we sold our other farm and bought outright, but still kept basic insurance. I suppose it could be like car insurance, u must have it or yr in big deep s..t hole if something goes wrong.
Do you ever listen to someone and think they have the IQ of a crayon ?
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Post by Stealth on May 26, 2023 13:19:14 GMT 10
Difference is, if you are operating a car you could kill someone else. Or injure them. Hence the requirement for insurance. With your own home, if something happens in it, it's likely that it won't impact on anyone but you. The choice to have home and contents insurance should remain up to the owner at the end of the day. I think you'd be NUTS to own a home and not have insurance, but I'm also in the fortunate position to be able to afford to insure. Some people are getting by on the smell of an oily rag now. Let alone when the rest of the interest rate rises filter through the system and cost of living keeps increasing. When you consider cars, home and contents, health insurance, all those types of things that you may never use can add up to the thousands of dollars very quickly. Insurance is like dental work. Something we all should do. But if you're only just getting by, you're not going to pick it as your first bill to pay.
That being said, if you were in a 15 minute city you're more likely to be in a built up area or apartment block. I guess in that case, there's justification for forced insurance because your property and use of it would impact on others if for example a fire broke out because you had a faulty power point or something.
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malewithatail
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Post by malewithatail on May 26, 2023 15:40:41 GMT 10
We moved here and carried out a threat analysis soon after, identifying bush-fire as our greatest risk that we can do something about.
Earthquakes, nuke war, plandemics and so on are out of our control, floods are very unlikely as we are 150 m ASL, 150 km inland and at least 20 m above any creek, and at the headwaters of it anyway.
Totally off grid was a priority, both for electric, and water, drinking and dam for gardens, firewood and so on.
Then came bush-fire preps, a fire trailer and truck, fixed hoses and backup petrol/electric pumps, tools, drip torch, rake-hoe etc.
I suppose its called being responsible for you and your peoples safety.
We do have basic insurance, and basic health cover, that's being responsible.
Admit it, life would be boring without me.
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