Multimillion dollar mansions in Laguna Beach burning in flames…

It made me realize that lots of pricey real estate is actually located in the more high risk areas along coastlines or relatively isolated and secluded brushy areas that would be much more vulnerable to being caught in wildfires or flooding in places like California.

And yet people continue to bid up property in these areas where natural disaster risk is very high.

submitted by /u/jzmorganchase
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It made me realize that lots of pricey real estate is actually located in the more high risk areas along coastlines or relatively isolated and secluded brushy areas that would be much more vulnerable to being caught in wildfires or flooding in places like California. And yet people continue to bid up property in these areas where natural disaster risk is very high. submitted by /u/jzmorganchase [link] [comments]

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