this post was submitted on 02 Sep 2024
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United States | News & Politics
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Why? Asking because I know nothing of the area.
Here's a good video about the area: https://youtu.be/M2b9tM8IrzM
It's mostly a wealthy retirement area far from the freeways. Zillow: Palos Verdes Estates, CA Housing Market Average Value $2,797,973
Super rich people that have known about this for decades
Ah. So this isn't a tragedy, it's a write off.