this post was submitted on 02 Sep 2024
35 points (97.3% liked)
United States | News & Politics
7212 readers
351 users here now
founded 4 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Why? Asking because I know nothing of the area.
Super rich people that have known about this for decades
Ah. So this isn't a tragedy, it's a write off.
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