Wildfires and Drought Can’t Stop California Wine Country’s Red-Hot Real-Estate Market

  • 📰 WSJ
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Despite devastating fires and another record drought, real estate in California wine country is booming. 'So far, people have a short-term memory regarding natural disasters.'

A year after devastating fires—and amid another record drought—Napa and Sonoma are experiencing large increases in property values

David Spangenberg and Peggy Matsuda bought this four-bedroom, six-bathroom, 3,500 square-foot Mediterranean for $3.45 million in a golf club community in Santa Rosa, Calif. considered a lower risk for fire than surrounding areas. VIDEO: TRAVIS GETSKE FOR THE WALL STREET JOURNAL

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Republic_sans_public Freedom_for_Algeria Republic_without_public جمهورية_بدون_جمهور

Simple. They're not making any more land

This is not good. We need to limit growth in fire prone areas. It may take zoning laws backed up by insurance companies raising rates so high it discourages building. In San Diego/Alpine suburb the insurance rates are really high due to fires every year in this area.

They rebuild & remodel better to protect their investments. They use fire-resistant materials and reduced landscaping. They generally respect tightening building codes to reduce available fuel sources. Calove

wow

For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to her earn_with_jens Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines