Lurchi - 2016-01-29
who could have foreseen this
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chumbucket - 2016-01-29
The World's Oceans: The Comeback Era
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Mr. Purple Cat Esq. - 2016-01-29
What the fuck are people still doing living there!!??
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Monkey Napoleon - 2016-01-29
Oh no, all the obscene wealth! How is their local economy going to handle losing all these 2 million dollar vacation condos!?
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Monkey Napoleon - 2016-01-29 Haha, just kidding. The owners of these are going to make out like bandits on the insurance.
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kingarthur - 2016-01-29 And those really don't look like two million dollar vacation condos.
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Mr. Purple Cat Esq. - 2016-01-29 I assumes they were tenements.
That building was very cheaply / hastily constructed.
Its 2 storey (good balance of cheap to build but good return on the floor area you can sell)
Flat bitumastic (cheap) roof with poor drainage (see the water pooling on it), no gutters (!??). Roof is very thin (ie. not very strong and with poor insulation) exposed roof structure at the front and back (which would cause cold bridging).
Its general structure is that of a bunch of cheap concrete block tubes with windows stuck on either end, resulting in poor ventilation and light for the interior rooms.
Seriously you could throw that up for buttons, totally not built to last, or even perform its function well.
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Old_Zircon - 2016-01-29 Tenements on the edge of a cliff with an ocean view = luxury apartments.
There is no way insurance is going to cover this.
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Monkey Napoleon - 2016-01-30 There's enough information and convenient street view tags to pinpoint the actual addresses of these properties. Some financials are a matter of public record, and real estate broker sites will give it to you for free.
The two buildings on the end sold for M each in 2002, probably to the same management company. The median value is estimated .5M, if the cliff wasn't crumbling from underneath them that is.
Those two complexes are listed as "20 bedroom, 2 bath", which I assume means they each have 20 units and is some kind of typo.
They're not as luxury as I first thought, but at 5,000 per 1 bedroom unit, they're hardly budget.
Going by the info and the news stories that have popped up, this has been a known thing for years and the value is almost certainly being heavily affected by it.
FYI, a 4 bedroom duplex unit literally across the street will run you ~.5M, which is almost certainly being inflated due to the buildings blocking their view will soon either fall off the cliff or be demolished by the city.
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Rodents of Unusual Size - 2016-01-29
I've stood on the remains of the foundation of a hotel that was washed away by the sea. It's a weird thing to know that nature is not gonna stop for man and that it will fuck up our shit pretty much whenever it wants, primarily now that we've fucked our mother goddess in the mouth for a century or two.
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infinite zest - 2016-01-29 I never understood why anybody would want beach front property: a common thing I hear said about the Pacific Northwest and living in a city is that "skiing is one hour that way and surfing's one hour the other way." If you're already there, then that makes skiing or surfing 3 hours away. It's like having pinball machines in your kitchen, living like that. The journey's just as important as the destination, and other stuff and things.
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kingarthur - 2016-01-30 What if we just like mountains and an ocean?
I don't know, I've had to live with the constant threat of flooding and storm surge my entire life. We don't have basements here because of it and we generally bury people above ground.
Having lived through one life-destroying Hurricane, however, I'm in no mood to walk right into a second natural disaster in my life.
My dad, however, has lived through three life-destroying hurricanes in his 75 years.
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kingarthur - 2016-01-30 TL;DR I'm not moving to Iowa or Idaho and I find it weird to live more than a few minutes from water. It's always been a constant presence in my life except for a brief time living in Texas and Arizona and then college.
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Monkey Napoleon - 2016-01-30 IZ:
There's way safer places to live on the beach than perched on a sandstone cliff, especially in the PNW. Around here, there's plenty of solid rock you could live on top of that will be there in 50,000 years instead of just 50.
Not everyone aspires to live in an area where it's always clear and 70 degrees. I'm totally one of those people who would prefer to live on a cliff next to the pacific... but here, not in California. I used to stay in a oceanside clifftop condo between Lincoln City and Depoe Bay pretty regularly, and the whole vibe of that stretch of coast is awesome.
When I win the lottery or inherit millions from an uncle I never knew I had, I'm packing up my shit moving there forever.
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dairyqueenlatifah - 2016-01-30
I like how no one there seems to notice or really be bothered. Cars are still parked up and down the street and there's still stuff on those balconies and rear decks indicating that people are still using these things without a care.
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