Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
 

slackmaster

(60,567 posts)
14. The ocean will reclaim that property eventually. It could happen as early as this winter...
Mon Aug 6, 2012, 07:19 PM
Aug 2012

...or the next Pacific tsunami.

When I was an undergraduate at UCSD in the late 1970s, I did a photo essay following a major winter storm that brought some very high surf to the beach. Dozens of homes on the beach in La Jolla Shores and the lower parts of Del Mar were damaged.

325 Dunemere has a sea wall, but there is always the possibility of waves higher than that. I have seen surf over 30 feet hitting Boomer Beach.

If I had $12 million to spend on a house, I doubt that I would buy one right on the beach. It's lovely to be there most of the time, but your stuff deteriorates very quickly in the salt air.

Recommendations

0 members have recommended this reply (displayed in chronological order):

Let's be clear on where this $ comes from. Raven Aug 2012 #1
Absolutely tawadi Aug 2012 #2
The process of applying for a reduction in property tax is very simple, doesn't require an attorney slackmaster Aug 2012 #4
The article says they were denied a reduction until they hired an attorney. eom tawadi Aug 2012 #8
Not surprising. Even Freddie Mac's Home Value Explorer chokes on that parcel. slackmaster Aug 2012 #12
A detail that doesn't change the point of your post catchnrelease Aug 2012 #22
Property taxes for parcels in La Jolla are paid to the San Diego County Assessor and Recorder slackmaster Aug 2012 #3
That's every taxpayer in San Diego and the city is in trouble. WHEN CRABS ROAR Aug 2012 #9
Property taxes are paid to the county, not the city. slackmaster Aug 2012 #13
You are correct on both counts. WHEN CRABS ROAR Aug 2012 #15
I lived there from 1962 - 1978 slackmaster Aug 2012 #16
Paid in cash......means no mortgage............... thelordofhell Aug 2012 #5
Mitt Romney is hiding something tawadi Aug 2012 #10
Jesus. Imagine having enough money to buy a $12 million house in cash?!? Drunken Irishman Aug 2012 #6
Bah! It was a fixer upper for Romney fantomas Aug 2012 #7
Just move the fire station further away. :-) nt Ilsa Aug 2012 #11
The ocean will reclaim that property eventually. It could happen as early as this winter... slackmaster Aug 2012 #14
We also live in San Diego County, our house also lost value, so where's our tax cut? begin_within Aug 2012 #17
Some cities automatically did property tax adjustments and some you need to fill out a simple form IndyJones Aug 2012 #19
Greedy asshole is milking for every dollar he can milk from any one. liberal N proud Aug 2012 #18
Mitt pays less, You pay more Blue Owl Aug 2012 #20
Begg'n for bailout, Taxivader RMoney Twitmitt. lonestarnot Aug 2012 #21
And the other underwater homeowners of California? aquart Aug 2012 #23
Latest Discussions»Latest Breaking News»Romneys, caught in housin...»Reply #14