The Australian retirement dream is being destabilised by the rising cost of home insurance, as retirees on fixed budgets find themselves unable to absorb skyrocketing premiums.
Their generation caused climate change, now they’re complaining about living with the consequences. No sympathy.
agreed, i read the story a couple days ago and am only a few years younger with little sympathy for them. It also reeks of entitlement.
and it’s odd they say there’s no chance of their house flooding and then complain about the price of flood insurance. I don’t have flood insurance because i live on a hill, that was a deliberate choice in the face of climate change.
My insurer said flood insurance was extra (a significant amount) so I chose not to get it. I’m a long way from the nearest river and feel I could move the most valuable things if needed.
agreed, i read the story a couple days ago and am only a few years younger with little sympathy for them. It also reeks of entitlement.
and it’s odd they say there’s no chance of their house flooding and then complain about the price of flood insurance. I don’t have flood insurance because i live on a hill, that was a deliberate choice in the face of climate change.
My insurer said flood insurance was extra (a significant amount) so I chose not to get it. I’m a long way from the nearest river and feel I could move the most valuable things if needed.