[bsrsharma]

Why do I sense so much animosity towards 4Sbuyer’s suggestion that those homes have been built better for fire resistance? Anyone who knows about commercial buildings is aware of all those techniques – avoid using combustible building materials, install sprinkler system, better fire/smoke/heat alarm than the home depot kind etc., It makes no sense at all that people buy million $ homes without basic fire resistance that would cost at most 10% more if designed and built right at the time of construction. Using steel & concrete framing would hardly cost anymore than wood framing and that itself would keep a home from collapsing with the first embers.

[bsrsharma]

Why do I sense so much animosity towards 4Sbuyer’s suggestion that those homes have been built better for fire resistance? Anyone who knows about commercial buildings is aware of all those techniques – avoid using combustible building materials, install sprinkler system, better fire/smoke/heat alarm than the home depot kind etc., It makes no sense at all that people buy million $ homes without basic fire resistance that would cost at most 10% more if designed and built right at the time of construction. Using steel & concrete framing would hardly cost anymore than wood framing and that itself would keep a home from collapsing with the first embers.

[bsrsharma]

Looking at the firemaps, it appears Carlsbad-Oceanside-Vista area was pretty safe. I think these areas are sufficiently near the coast and away from dry brush to be considered safe from catastrophic fire storms. If you are afraid of firestorms, that may help.

[bsrsharma]

Looking at the firemaps, it appears Carlsbad-Oceanside-Vista area was pretty safe. I think these areas are sufficiently near the coast and away from dry brush to be considered safe from catastrophic fire storms. If you are afraid of firestorms, that may help.

[bsrsharma]

Looking at the firemaps, it appears Carlsbad-Oceanside-Vista area was pretty safe. I think these areas are sufficiently near the coast and away from dry brush to be considered safe from catastrophic fire storms. If you are afraid of firestorms, that may help.

[bsrsharma]

$775K is so BF (Before Fire). AF price should crack atleast $700K line, if not $600K.

[bsrsharma]

$775K is so BF (Before Fire). AF price should crack atleast $700K line, if not $600K.

[bsrsharma]

$775K is so BF (Before Fire). AF price should crack atleast $700K line, if not $600K.

[bsrsharma]

Though that may sound large, for sake of comparison, Federal debt is about $30,000 per capita or $100,000 per household. State debt is to Federal debt what a cat is to a cow. If you include private sector debt too, our Gross National Debt may even become an elephant!

[bsrsharma]

Though that may sound large, for sake of comparison, Federal debt is about $30,000 per capita or $100,000 per household. State debt is to Federal debt what a cat is to a cow. If you include private sector debt too, our Gross National Debt may even become an elephant!

[bsrsharma]

Though that may sound large, for sake of comparison, Federal debt is about $30,000 per capita or $100,000 per household. State debt is to Federal debt what a cat is to a cow. If you include private sector debt too, our Gross National Debt may even become an elephant!

[bsrsharma]

The experience in Florida & Louisiana is that usually, many insurers walk out of markets after mass disaster. The remaining ones tend to jack up the rates multiple folds and the State has less control since having insurers is the main priority. Past premiums will be used to pay present claims; but the premiums have to readjust in light of increased risks. Billion $ loss today means the insurers should be ready with $3B reserves for the next disaster. A $1000 increase in premium is equivalent to a hidden price rise of, say 3%, (assuming annual mortgage payment of $30,000). That should reduce affordability/demand by 3% if you assume a 1:1 price elasticity.

[bsrsharma]

The experience in Florida & Louisiana is that usually, many insurers walk out of markets after mass disaster. The remaining ones tend to jack up the rates multiple folds and the State has less control since having insurers is the main priority. Past premiums will be used to pay present claims; but the premiums have to readjust in light of increased risks. Billion $ loss today means the insurers should be ready with $3B reserves for the next disaster. A $1000 increase in premium is equivalent to a hidden price rise of, say 3%, (assuming annual mortgage payment of $30,000). That should reduce affordability/demand by 3% if you assume a 1:1 price elasticity.

[bsrsharma]

The experience in Florida & Louisiana is that usually, many insurers walk out of markets after mass disaster. The remaining ones tend to jack up the rates multiple folds and the State has less control since having insurers is the main priority. Past premiums will be used to pay present claims; but the premiums have to readjust in light of increased risks. Billion $ loss today means the insurers should be ready with $3B reserves for the next disaster. A $1000 increase in premium is equivalent to a hidden price rise of, say 3%, (assuming annual mortgage payment of $30,000). That should reduce affordability/demand by 3% if you assume a 1:1 price elasticity.

[bsrsharma]

A low tech method with no taxation would be for people to keep goats and sheep as pets. You get both vegetation control and milk/wool if you choose to “harvest”. Their manure is better organic fertilizer than dog nuisance. No bites and barking too! In Portland, Oregon, the city uses this technique for vegetation control of hill sides to prevent fires. They call a farmer who throws up a temporary fence and the shrubbery is gone in a few days. The animals can trim pretty steep hillsides where no human or machine can reach.

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