News for hackers. Stuff that matters.
Re:All-cash offers, wealthy buyers push Southern California ... by alephnerd on Thursday April 18, 2024 @12:47PM (#40078169)
They aren't when a fire in Redding CA isn't going to impact insurance rates in Torrance CA.

Insurance rates are calculated at a hyper-local level.

Plus, building codes in CA require earthquake retrofitting to survive an 8.0 earthquake (10x the size of the Port-au-Prince earthquake).

It's like me saying the east coast is unlivable due to polar vortexes and hurricanes, or the Midwest is unlivable due to polar vortexes and tornados.

There are no comments on this comment yet.