Post by @ai6yr@m.ai6yr.org

(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

#realestate #elnino #CAwx

Los Angeles Times

No one wanted this Long Beach home till waves crashed into living room - Los Angeles Times

An oceanfront home on the Long Beach Peninsula couldn't find a buyer at $4.95 million. But after it was damaged by massive waves, its price dropped and it's getting plenty of interest.

#cawx #realestate #elnino

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Shirley Eugest

@EugestShirley@m.ai6yr.org 3 hr. ago

@ai6yr
The erosion caused by climate change, the Kelvin wave and many hurricanes this year can't be reversed. The Los Alamitos Bay side, has calmer waves and boat slips.

People will always be attracted to the views and appeal of water on sunny days.

2 media files

The dream:
Drone view of homes and harbors along Los Alamitos Bay. Long Beach Peninsula and Pacific Ocean behind. — The dream: Drone view of homes and harbors along Los Alamitos Bay. Long Beach Peninsula and Pacific Ocean behind.

The reality of L.B. peninsula realty. No beach supporting that boardwalk. Less land under those wrecked homes.

Curious Magpie

@CuriousMagpie@beige.party 3 hr. ago

@ai6yr

Shirley Eugest

@EugestShirley@m.ai6yr.org 3 hr. ago

@ai6yr

$4.95M v $2.9M might have something to do with any renewed interest.

The south facing edge of Long Beach Peninsula is zoned as mixed use residential California Coastal Zone. The destroyed building must be razed anyway.

City of Long Beach had no funded plans to rebuild the 1920 boardwalk, but they could force a developer to do something.

Nice view. So many new developments are multi-family postage stamp sized apartments over small shops. It could be made appealing.

Nice place for a restaurant, if they allow.

(Moby Dick, Santa Barbara - 2014)
https://www.youtube.com/watch?v=rjw-2nx2dHE&t=8s

Large Wave Comes Through Restaurant. Video 3 of 3

YouTube

Jim Hubbell

@Dougfir@m.ai6yr.org 3 hr. ago

@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?

Shirley Eugest

@EugestShirley@m.ai6yr.org 2 hr. ago

@Dougfir @ai6yr
Ritzy Balboa Island (Newport Beach, California) started plans to rebuild their aging seawall in 2014. They capped the new height at 9.5' on the demand of residents who did not want to lose their views.

They anticipated Sea rise by 2100.

This project was actually completed, as it was funded by ultra-wealthy residents.

They may rethink that now.

Yahoo news got image this from Surfer Magazine, which got this drone image from somewhere. Early October 2026

Hurricane Rachel Obliterates 20-Foot Berms and Turns Newport Beach Streets Into the Pacific (Aerial Footage) — Yahoo news got image this from Surfer Magazine, which got this drone image from somewhere. Early October 2026 Hurricane Rachel Obliterates 20-Foot Berms and Turns Newport Beach Streets Into the Pacific (Aerial Footage)

AI6YR Ben

@ai6yr@m.ai6yr.org 2 hr. ago

@EugestShirley @Dougfir Oops

Woozle Hypertwin

@woozle@toot.cat 1 hr. ago

@ai6yr @EugestShirley @Dougfir

They should do what a lot of homes on the NC coast do: put the house high up on stilts, with only the carport or maybe a small guest-room at ground-level.

Of course, that won't do much if there's heavy debris in a storm, but it does give you a lot more margin when the flooding is gentle.

(I'm also imagining coastal towns of the future with elevated roadways and gondola-lift transit...)

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Jim Hubbell

@Dougfir@m.ai6yr.org 13 min. ago

@woozle @ai6yr @EugestShirley
There are towns along the Mississippi River that got moved from the flood plain to the bluffs that never flooded. Unfortunately for California coastal homes, everything higher up has already been built on.

Robert Cassidy

@robert_cassidy@urbanists.social 3 hr. ago

@ai6yr Federal flood insurance arbitrage would be my guess.

Paul Wermer, CC BY-NC-SA 4.0

@PaulWermer@sfba.social 3 hr. ago

@ai6yr
Well, counting on nuts to shell out for the rebuilt house.