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04-03-2005, 05:04 PM
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#3 |
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Join Date: Jul 2003
Location: Arlington, VA
Posts: 27,717
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Can't people get PMI to cover the mortgage part of the problem?
I agree that you shouldn't reward people who are dumb enough to build and rebuild mansions in extremely high risk areas. But you have to find some sort of balance. Maine sees an occasional hurricane, but the damage is nothing compared to what Florida sees. |
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