This post has been de-listed
It is no longer included in search results and normal feeds (front page, hot posts, subreddit posts, etc). It remains visible only via the author's post history.
Why hasnāt the housing market in LA started to drop in price? California is seeing significant impacts of climate change year-round and LA is definitely part of it. With the flooding all over the city, the inevitable ābig oneā earthquake ,the fires near Malibu, heat waves shutting down the grid during summers, landslides sending homes into the ocean and mudslides taking out entire streets. We all see it coming, it already is and it will only get worse. The city barely has the resources to address the flooding from recent storms. The unhoused population keeps rising dramatically and I can only imagine what happens when civil response is not available when these major disasters hit/worsen in years to come.
Are people really expecting to live here with ease in the next 10-20 years? I just cannot fathom how housing prices are still going up when LA seems extremely high risk in terms of climate and natural disaster devastation. Are these things just not being taken into account right now? I donāt know much about the housing market, admittedly but I really wonder about this.
I could have sworn I heard Miami beachfront prices were starting to drop because itāll be flooded in a decade š©š© canāt believe how bad it is there too
Subreddit
Post Details
- Posted
- 11 months ago
- Reddit URL
- View post on reddit.com
- External URL
- reddit.com/r/AskLosAngel...
Of course climate change is impacting everywhere on earth but the specific challenges that LA faces are really across the list in ways that other places do not have to contend with. Iām not asking where the entire populace should move to but why the housing market continues to go up as if we arenāt aware of the imminent risks we are about to face