I expect that the funded public improvements will be insured, to the extent that they require it, streets and curbs not gonna suffer much.
As for the houses, you’ve still got to pay your property taxes and Mello Roos taxes as I understand it, so maybe a major fire could be tough on everyone.
But burnt areas like Scripps Ranch and Del Sur are always rebuilt fairly quickly.
My area of greatest concern is that the deeloped parcels may not be built out timely. In this instance it seems to me as though either Black Mountain Ranch llc must pony up or the remaining homeowners must pay for the shortfall, which doesn’t seem fair.
Anyone know how fast the southern end of Del Sur is building up?
