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Biotech / Medical : Biotech Valuation -- Ignore unavailable to you. Want to Upgrade?


To: fred hayes who wrote (25886)2/17/2008 3:04:18 PM
From: Casaubon  Read Replies (1) | Respond to of 52153
 
If I were buying something out there I would look into construction built on vibration dampeners. I saw some very compelling video on the use of rolling vibration dampeners (vs. shock absorption technology. See the spherical sliding vibration dampeners in the link below). I'm guessing it would be best to build something from scratch, rather than rely on old technology.

EDIT: Such as:
mceer.buffalo.edu

PS I don't believe I would take the chance of living there. Thus, I take the possibility of "a significant event" very seriously. The insurance won't mean a thing, if you're not around to collect.



To: fred hayes who wrote (25886)2/17/2008 5:23:25 PM
From: Arthur Radley  Respond to of 52153
 
Fred,
I lived in the Bay Area back in the late 1980's thu mid-90's. They do have strict building codes, but with the 1989 earthquake, that originated south of San Jose, they suffered massive damage in Oakland and many sections of San Francisco. The point is, depending on the size and which fault line the quake takes, all the building codes in the world will not save a building or bridge. Depending on where your son is looking, but just know that many areas that are on the bayfront(west of Fisherman's Wharf)are created by landfills. This area suffered major losses in the '89 quake as did the bridge structures in Oakland and those connected to San Fran.

San Fran is a beautiful city with the approach thru the tunnel to the Golden Gate, looking out to see the city is still my favorite view of the area. But the city is very expensive and I would suggest that your son at least get some input from an insurance company or someone that has lived there for a while. Good luck to your son!!!



To: fred hayes who wrote (25886)2/19/2008 9:03:56 PM
From: sim1  Read Replies (1) | Respond to of 52153
 
OT - bay area and earthquakes.

Here's a recent article on an approaching earthquake window along the Hayward fault (east bay) you may find interesting. Given the soft real estate market, it might pay to rent for a year or so until the housing inventory drops to reasonable levels.

Article and map...

sciencedaily.com

Also see

quake.usgs.gov

The USGS have offices in the south bay area (Menlo Park).



To: fred hayes who wrote (25886)2/21/2008 4:12:33 AM
From: Lady Lurksalot  Respond to of 52153
 
OT - California earthquakes

Fred, I lived in a condo in the San Francisco Bay area for some years. I was told at the time I could not have earthquake insurance unless the condo development voted to buy earthquake insurance for the entire development, which rarely occurs.

When I lived in a single-family, detached home in Southern California, I did have earthquake insurance, even though the outlandish deductible made it hardly worth the expense. I went on the Karma assumption; that being, "If I keep buying this exorbitant earthquake insurance, there will be no earthquake," and it worked! <g> A few months after I moved to Northern California, there came a rash of destructive earthquakes down there.

I no longer live in California but have been told that since the Northridge Earthquake, the Grand and Beautiful State of California is selling earthquake insurance, but I have not personally researched this to state it as fact, much less the particulars thereof.

Another thing to keep in mind, should a devastating earthquake wipe out the buildings (improvements), the raw land (most times) remains and has worth. - Holly