Its not that these insurance companies are screwing their customers; rather at the rates that California requires they charge, these houses should not exist because they are a net negative to society unless their insurance costs more.
I agree on the dense housing. So many of these burns are in areas that we shouldn't have built.
You don’t.
The situations are not comparable.
Broadband is indeed a market failure in many places. The answer is to create direct competition in the form of municipal fiber, not to cheer on weasely half-baked approaches that just solidify the positions of the monopolist dinosaurs.
The equivalent would be that the city pays ISPs to provide service to certain people.
Instead they say "you have to provide them service even though you'll lose money on these customers".
Do you see why this is different?
So if you're not yet convinced, fuck Comcast right? Yes! I want Comcast to lose money! I fucking hate Comcast more than anything, almost everyone who isn't working there does. There are things I can imagine never doing, like working for a tobacco company (fuck them too), and working for Comcast. It's okay to sometimes have limits. You can step on some toes without worrying about the ass they're connected to that you might have to kiss later. I will never kiss Comcast's ass. Laissez-faire absolutists do not arrive at economically or socially optimal outcomes all the time.
Not particularly, as long as they have a monopoly/duopoly, because that acts as a giant pile of free money which can pay for these things.
If we had some kind of mechanism in place that resulted in aggressive competition, then maybe "you have to provide service for $15-20" would be a problem.
I think it would be quite a bad idea for the city to pay the asking price to this kind of monopoly/duopoly, because that rent will get jacked up extra high.
I would in fact enjoy a great deal of schadenfreude. The carriers pocketed giant government handouts but did not make the commensurate improvements in infrastructure those were intended to fund.
They can, but they don't unless forced to.
Spoiler for the uninformed: Xfinity and Comcast are the same entity.
Trash pickup costs the city $109 billion.
https://www.bloomberg.com/news/articles/2024-01-16/nyc-mayor...
Edit: according to https://www.ibo.nyc.ny.us/iboreports/understandingthebudget.... residential garbage collection is $10 million per week.