Another Way of Looking at the Problem II

I was talking to a friend of mine the other day about the California automobile pricing regulations.  California wants to restrict the use of zip codes in pricing auto insurance.  The consumer advocates claim that it is the amount of mileage driven that reflects the real risks of driving.  Let’s look at it a different way.  California should make a law fixing the value of houses based on square footage because that is what homes are really valued for—size.  Thus, homes in Beverly Hills would have to be the same price per square foot as homes of similar size in a poorer section of LA.  Where are the housing advocates on this?

Comments

[Evan]

Wow! That is truly an excellent point about quoting insurance, but you forgot one thin, you used logic in your argument!

[martin]

Dang, the logic thing gets me every time. Well, at least some of the time!