If you owned a 10-million dollar home, and it burnt to the ground with just about every single one of your 500 neighbor's houses.....then the insurance guy came around and basically played his game of 'delay' and your insurance didn't amount to more than four-million....would you rebuild?
This is one of those debate questions. Most normal folks would look at the possible repeat statistics and the marginal forest management that helped make this a mega-fire, and then gaze at their California tax situation.....then finally make this decision to pack up and leave.
I doubt if it will be discussed much in the news or public forums....but I would speculate that more than a hundred of these 'Hollywood' type folks will make a life decision to leave the Santa Monica region, and California itself.
Most will want a great landscape and some privacy....but this is stuff that you can find in Flagstaff, Arizona or some coastal town west of Portland, Oregon.
So the burnt sites end up being on the real estate market? Quietly, in roughly four weeks....I think a site or two each week will pop up, and some pop-rocker will swiftly move up....pay the $3-million for a burnt-out lot with four acres attached to it, and start construction.
No comments:
Post a Comment