Natural Disasters: Not Just Trailer Parks
Speaking of “the rich“…
AP reports: “A landslide sent at least 12 expensive homes crashing down a hill early Wednesday and damaged 15 others in this coastal Orange County enclave.”
The damaged homes, located in an area called Blue Bird Canyon about 15 blocks from the ocean, are worth about $1.75 million, which the mayor described as “average” for the area.Twelve homes were lost and 15 damaged, Mayor Elizabeth Pearson-Schneider said. Forty more homes were evacuated.
Dear Democrats, don’t hate them just because they’re in “The OC” and wealthy. Even Barbara Streisand lives large in her Southern California coastal mansion.
Putting things into perspective: At 1.125% (property tax rate), these homes are eligible to pay $19,688.00 in property taxes every year. How much is ever enough?
UPDATE: American Digest is live-blogging the Landslide In Laguna
Malkin wonders: “Does that count as a postcard from the edge?”
UPDATE: (6/2) As the song goes, blame it on the rain…
This entry was posted on Wednesday, June 1st, 2005 at 10:06 am and is filed under California, Economy, Liberals, Orange County, Real Estate. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
June 23rd, 2005 at 9:26 am
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