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Politics : Formerly About Advanced Micro Devices
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longz
To: locogringo who wrote (1512232)1/10/2025 4:39:35 PM
From: FJB1 Recommendation   of 1583406
 
I need a fact-check on my current assumptions about rebuilding after the fire:

1. It can take years to get anything approved in normal times in California. The backlog from the fire could push it out a decade.
2. The cost of building a custom home in California is roughly double the market value of the home when done.
3. The new home will get a property tax step-up to become unaffordable for anyone who owned the original home for a decade or more.
4. The fire risk will return once everything regrows, and insurance companies will not come back. Here I assume continued state incompetence.
5. There are not enough qualified builders to rebuild.
6. Owners would be rebuilding in the midst of unchecked and growing crime.

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