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

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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

 

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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

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