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 23 hours 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 18 hours ago
WoodScientist@lemmy.world 7 hours ago
Negative value property? Easy. It’s called a timeshare!
thermal_shock@lemmy.world 19 hours ago
Doesn’t make his claim untrue, just an exception.