(are these people nuts, or is there some kind of scam here?)
LA Times: No one wanted this Long Beach home until waves crashed into its living room
"...A Long Beach Peninsula home that failed to sell for $4.95 million before being red-tagged after October’s storm is now listed for $2.9 million — and drawing developer offers.
Investors see opportunity in storm-damaged coastal properties as high interest rates and construction costs squeeze projects, even as erosion and a potentially severe El Niño raise the risks...."
https://www.latimes.com/california/story/2026-11-06/long-beach-home-damaged-waves-for-sale
@ai6yr
Will they build a seawall just 1 or 2 feet higher on the (mistaken) notion that this was a once in a lifetime event?