this post was submitted on 02 Sep 2024
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United States | News & Politics

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[–] [email protected] 3 points 2 months ago (2 children)

Why? Asking because I know nothing of the area.

[–] [email protected] 4 points 2 months ago (1 children)

Super rich people that have known about this for decades

[–] [email protected] 4 points 2 months ago

Ah. So this isn't a tragedy, it's a write off.

[–] [email protected] 4 points 2 months ago

Here's a good video about the area: https://youtu.be/M2b9tM8IrzM

It's mostly a wealthy retirement area far from the freeways. Zillow: Palos Verdes Estates, CA Housing Market Average Value $2,797,973