on top of that, if you have to pay a $10,000 home insurance policy, that's $850, $900 a month. >> canliss if the $3 million cap is not raised, the market is going to slow down even more so. >> and we're already seeing the highest interest rates that we've seen in a long time. the fed has already said they're only going to drop their rates twice in 2025, and probably only do it by a quarter point each drop. we're looking at still high prices, higher interest rates compared to where we were the last five years and insurance policies being extremely high or not available. >> now, bottom line if you're lucky enough to get a private insurance policy, premiums are expected to go up as high as 40% on average. even if you don't live in a high risk area and if you do, that figure could double or more. as for the california fair coverage caps, there is concern that this will disincentivize homeowners from investing in their property if they're capped at 3 million. and, you know, there's questions about whether or not that should be raised, its long term impact coming here. >> thanks very much. >>