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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I’m watching a lot of the news and struck by how the celebrity/mansion /multimillion dollar homes aspect of the story is pushed. There are also lots of people who have lived there for decades and have otherwise typical middle class lives who have lost homes or are at risk. My stepmother home is gone. 1800 sq ft 2 bdrm that she bought in 1975 for 78k. She was dropped by her insurer last year and was in the process of getting fair plan insurance and they were taking forever to underwrite. She and my dad moved to a retirement community (fortunately)but she kept her home and had been thinking about renting, selling etc. My mom’s home (and my childhood home) is now in mandatory evacuation zone. They bought a small ranch in 1972 for 68k and she stayed. It is very modest home for the neighborhood but there are many others like it. Fortunately I got my mom to leave recently and move close to me and rent it out because she could no longer live alone (dementia)…(my sibling refused to sell because of taxes, which was stupid. I wanted her to have easy access to capital so she could get the best care… I have been worried about fire since a 2019 wildfire which was a very close call and she was at that time developing dementia and I knew she would not know what to do the next time.) The house is her only asset and the rent pays for memory care. I’m thankful she’s not there and aware of what’s happening. My stepsister is on the edge of the evacuation zone, in a modest home with a couple animals. She is a researcher and can only afford to live there because her dad (a schoolteacher) left her the home when he died. She’s nervous like everyone else and is currently housing a friend who probably lost their home in topanga. I’m grateful that everyone in my family is ok but I just don’t know what all these people will do. The super rich will have options but for many people those options are simply out of reach. [/quote] They will still be able to sell the land for way more than they paid.[/quote] Forcing elderly people out of their homes is never going to be a winning political strategy. Sorry. [/quote]
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