[usernew]

about a decade ago, purchased a home half a mile away from a river. For the last 50 years, the river bank has been has been slowly moving outwards out due to erosion. I bought the house for a million, it's now worth two.

Last year, a thousand houses a few miles downstream fell into the water. This year, my insurance company cancelled my coverage, and I can't find anyone else who will insure me. What I'd like is for premiums to be raised for people who bought their homes in a safe area, to pay me my million dollars in profit when my house falls into the watter. This is my Current home. Am I supposed to just abandon it because no one will buy it?

So, the answer to your question, is yes. Home prices go up and down. Yours is now worth zero because of your bad decision. It is not the job of other people, to pay you for your mistake.

[scarface_74]

Why should others subsidize your investment lost?

[NLPaep]

He says he’d like that, but that it wouldn’t be fair

[usernew]

they should not. the fact that you did not understand this is what I was saying, suggests a lack of practice in social interaction. now this is not meant as a personal attack. think of it like this: you are teaching an arithmetic class - something for which fully functional members of society need to have the skill. you explain that 5+2*2=9. someone corrects you that it is in fact 14. what would you suggest this person do?

this also applies to basic language skills. i suggest that whatever advice you have for the previous hypothetical person, you apply to basic social interaction in your own life.

but maybe I'm wrong, and you did not read the comment to which I was replying. in that case, I suggest that when you read a comment, you should see the comment it's rebutting, prior to posting yours. this also, is a basic social skill.

I'll start you off: I do not own a house at all as I travel internationally and move around too much to stay in one place over a few years. I would also never purchase one in a risk zone, since there are thousands of others available w/o the risk, and they don't cost more.