Archived posting to the Leica Users Group, 1998/12/08
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]>At 04:51 PM 1998-12-08 -0600, Mark Walberg wrote: >>Ever notice that some of the biggest buildings are owned by insurance >>companies? > >Well, think of the economics of large buildings and of insurance companies. > Large buildings pay off in time, a long time, but are a relatively certain >bets. Life insurance companies NEED this sort of long-term, guaranteed >income: the policy you buy today, and pay for today, won't be paid out for >long, long years, Leica users in general, and LUG'ers in particular, being >damned to long life. >So, of course insurance companies own, and finance, a lot of LARGE buildings. >Marc >msmall@roanoke.infi.net FAX: +540/343-7315 >Cha robh bas fir gun ghras fir! Of course. I agree completely. I was just pointing out that there is a lot of money to be made from people who are worried about what might happen. (And sometimes the worries are appropriate, too.) However, I guess I haven't heard of too many camera repair people buying big buildings because of all the CLAs people think they need every year. - -Mark