I have been watching some of Adam Carolla’s videos on YouTube about Malibu. How hard the coastal commission is making it to rebuild ANY house on the oceanfront.
Basically, that any new house is going to spend at least $3MM just on the foundation and seawall.
He has been going to this one ocean front building site for about a year now and showing the progress. None of the other lots adjacent to it are showing ANY sign of being rebuilt.
Then he showed another house up in one of the canyons. Showing how ever though the house itself appears to be in okay shape it really needs extensive replacement of windows and doors because all the weather stripping melted during the fire. The smoke damage was also extensive.
Basically, the owner was fighting with their insurance company. Which means you need to hire an insurance adjuster to fight on your behalf.
So, ANY of the existing houses that were untouched by the fire are now worth a lot more.
So, ANY of the existing houses that were untouched by the fire are now worth a lot more.
“Mo’ Money! Mo’ Money! Mo’ Money!”