patrick.net

https://finance.yahoo.com/news/commercial-real-estate-foreclosures-soar-195735846.html

Commercial Real Estate Foreclosures Soar By 48% Nationwide While California Sees A 238% Surge

Booger says

zzyzzx says

Instant infinity pool!!!

And the hot tub is now an Indiana Jones themed sled ride to the beach.

Last year, the weather poundings tore the Capitola pier in half, relegated the restaurant at the end to demolition. An old concrete ship around Aptos and its pier have also been destroyed and the concrete ship that was already sunk destroyed even more.

The surf also tore open some of the cutsie multi million dollar Renaissance beach condos wide open in Capitola. Capitola has been seriously flooded and beaten three times since we have been here (14 years) and the restaurant row wrecked. That means, those in the beach culvert close to the ocean have to be funded to rebuild every five years or so.

Those concrete walls cost multi millions to build for short stretches, even more than the houses that perch on them, and they will be returned to the sea sooner or later anyway. I've been watching a small rock peninsula dissolving year by year. It's now a small island broken into thirds.

RWSGFY says

There are buildings in, say, Pacifica which are front row now but weren't less than 10 years ago. That coastline constantly moves inward.

Concrete and steel are a thing. Barrier islands in the panhandle protect their properties with sand dunes. Not foolproof, but their homes don't get washed away into the sea generally with hurricane force winds.

Like I said, if you want to live in that location there are things that you can do to prevent erosion for 100's of years. Costs $$$$. If you cannot afford it don't live there. Plenty of cheaper and better places to live in the country if you're not a wimp and can handle seasons.

Ceffer says

Those concrete walls cost multi millions to build for short stretches, even more than the houses that perch on them, and they will be returned to the sea sooner or later anyway.

That's what I said. There are solutions they just cost a shit load of money. Tons of steel hammered into the ground, rebar and concrete. It's doable, just no one wants to pay for it. And it probably doesn't look as "pretty" for home owners. Guess what, you own what is likely to be an uninsurable house. You're now looking at a worthless asset that will fall into the Ocean and won't get compensated. That $5M home just got flushed down the toilet and you'll need to default or sell for a fraction of what it used to be worth.

Drop the $2-3 million shoring it up. If/when you go to sell it will pay itself back. Uninsurable houses are worthless really. That's why I don't live on water. If I did I'd be above the flood plain or away from areas that could erode like that. I'd rather live on the hill 1/2 mile away. You're not even at your house that much anyway. Between work and sleep, you get maybe what, 2-4 hours to enjoy the view? And if it's a vacation rental, the renters won't even be there that much. It's just not worth it.

WookieMan says

That $5M home just got flushed down the toilet and you'll need to default or sell for a fraction of what it used to be worth.

True, have to sell it for the "original price" (pre erosion disaster) minus the price to pay a contractor to install at least a 100-year-fix for the erosion problem

if you live in Florida, this may be the way to go

https://www.msn.com/en-us/travel/article/the-hurricane-proof-dome-homes-defying-nature-s-fury-in-florida/vi-AA1tfMoe

our townhome (built around 2015) is about 2 miles from the shoreline in the Florida panhandle and we got wind gusts up to 180 miles per hour from Hurricane Michael ... the only damage was the back exterior french doors had their seals broken so water got between the two panes of glass ...

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AD says

our townhome (built around 2015) is about 2 miles from the shoreline in the Florida panhandle and we got wind gusts up to 180 miles per hour from Hurricane Michael

Storm surge is the biggest enemy in your region. Then wind. Most places built post 2000 should be pretty hurricane proof wind wise.

Live in a place with tornados that can jump up to 300mph. I'll take hurricanes with a newer house over an F5 tornado. No one is building to that standard. That's why when the sirens go off here we're in the basement and go to the basket full of flashlights. Have a 3 sided concrete room and chill there. Knock on wood, they always miss. Have had some close calls and friends lost houses.

Only 1-2 actual siren warnings every year the last decade. When I was a kid it was 5-10 every year. I think however the weather pattern changed, it shifted South of where I am. I sound gay, but it was traumatizing as a kid. Witnessed two tornados. They're fucking devastating. Not video, but saw them.

WookieMan says

Concrete and steel are a thing. Barrier islands in the panhandle protect their properties with sand dunes. Not foolproof, but their homes don't get washed away into the sea generally with hurricane force winds.

Money is the thing here. If you can't make taxpayers build that seawall for you (again), you are SOL. And apparently even CA government is not keen on spending this kind of dough to rebuild failed 40ft high seawalls.

Santa Cruz is relatively peaceful, being an inlet facing South with all of the real raging going on in the West facing coasts. It still gets fucked by the weather and angry Mother Ocean every couple of years.

Rip rap is ugly and restricts access except to the billy goats who can climb over it. The walls look nice, but projected life expectancy isn't that great when one considers the costs, and that the temporary advantages goes to the wealthy who can afford the houses on the oversees.

Mountains can be challenging too. Neighbors have a 3500 sq. ft. house in Tahoe close to a ridge line. He complains that he is sent up there periodically for snow management, and the back deck collapsed a winter past. He went up once and the snow blower broke and leaked oil all over. He's pissed off because his lady companion's family go up there and trash the place like a hotel room. She's rich, and coughed up the money for the place, but wants him to do all the butler tasks.
He doesn't hang around the grand kids because they aren't his, but he has the donkey boy tasks for the place.
I bet they sell sometime soon, like many people with second homes who seldom use them.

They came very close to being burned out also in the fires the year before last, it was a squeaker. There was that fire several years ago when nearly everything around Lake Arrowhead went up in smoke, too, in SoCal.

Our previous neighbors in Santa Cruz had a place in Lake Arrowhead, their house was spared, but everything around their place was burned trees and ashes.

My older friend has trusteeship over a family area in the Santa Cruz hills that has a natural spring. I laugh because he has this conservator hat he wears and is constantly feuding with the water district politicians and bureaucrats. This culvert has been washed out by flooding at least three times over the last ten years, carrying a bunch of his crap downstream to parts unknown and carving a deep channel. It also burned down once with the surrounding neighborhood when that thunder storm came through a couple of years ago. He had a tent and tool shed and some other temporary conveniences to stay there, and they all burned down.

Ceffer says

Rip rap is ugly and restricts access except to the billy goats who can climb over it. The walls look nice, but projected life expectancy isn't that great when one considers the costs, and that the temporary advantages goes to the wealthy who can afford the houses on the oversees.

That's the key. You can live somewhere more scenic for 1/4th the price, you just might have to deal with seasons. If it wasn't for the wife's job and connections we'd be long gone from IL to a cheaper state. I don't really care about family and in laws. If they want to see us they have the ability to do so.

My mom also owns property on water. It's not worth it. It's like owning a boat. Let your friend do it.

Pacific is strange because it carries ghosts inland. It really effects people's brains.

The nice days are so utterly narcotic and psychedelic beautiful that they are hard to describe. They also create absolute amnesia to the generally poor attitudes of the people and the regular stompings by the natural environment, in spite of the nice weather. It makes the Santa Cruz hard liners about as smug and chauvinistic about their place as New Yorkers are about theirs, but in a hippie dippie way. Different places, different pretenses.

I'm one of them.

https://babylonbee.com/cleanArticle/newsom-assures-californians-they-will-be-safe-from-all-the-trump-administrations-prosperity-safety-lower-prices

Even people Portland OR don't want people from California:
https://youtube.com/shorts/1mKhC0gtvPs?si=ImSNI031bCC7NxG2

Portland is so ungrateful. It wouldn't be the mecca of madness and louche perversion and drug use that it is without the Dempsey Dump of Californians who didn't get enough crazy from their home state. It looks like it's the ugly tatt lesbo sister city of Santa Cruz.

Of course, now, with all the Soros fecal impactions, its also a simmering cauldron of crime and anarchy.

Fighting the fraud one small step at a time?

https://t.me/DeepDives/34263

Florida in the penis part of the state is notorious with parking violations. I have one outstanding in Bradenton Beach. Rental car. Not even in my name. My wife rented it. They have no recourse so I told them to fuck off. I was parked in a place with no signage, as in no parking zone and so was another car. They knew it was a rental car. Ours got the ticket the other local didn't. Wasn't permit parking or metered either.

My biggest beef with rental cars is all the bar codes on the windshield. Local cops will take advantage of it and just ticket you assuming you'll pay. Needless to say I'm personally not ever going back to that shit hole. The beach sucked anyway and overpriced trash food. I don't eat sea food, but FL has some of the worst sit down dining in the country. Fort Myers and Sarasota area are dumpster food. Pensacola is awful. Most of the panhandle has bad food (sorry AD).

Complete tangent, but whatever. I feel like places with shitty parking regulations have shitty food. Buy land with parking. If you're too cheap to do that the food likely is too cheap and sucks. Actually, typing this now, I'm not eating at a place that doesn't have parking for its customer or validates it in a garage. This is why I hate cities as well. 50% of the battle going out to eat is parking.

https://babylonbee.com/cleanArticle/newsom-says-with-another-25-billion-he-could-double-homelessness-by-2030

Patrick says

https://babylonbee.com/cleanArticle/newsom-says-with-another-25-billion-he-could-double-homelessness-by-2030

Funny, but not really. There's a solution. He already did it with the Xi visit. Tough parenting. Get off the fucking street.

There are plenty of shelters and rehab facilities for these people. Not sure if they have the staffing, but there's generally a place to go. You sometimes have to be an ass hole and force them to do it.

I know this is satire, but what I'm saying is true. There's a solution. You just have to have the balls to do it. Most these people need an inpatient rehab facility. Studio/hotel type room with a shared bathroom to save money. No bunks, solo. Get them off the street and sober from whatever. Have a basic gym. Therapist. No more drugs legal or otherwise. No booze. Set up a fucking golf simulator. A pool. Or pool table. Fooseball. Ping pong. Get them doing shit that addicts don't do but are fun and competitive. Basketball court outdoors if you have the space and weather.

If they're illiterate teach them to read. Have an undergrad come in as part of a scholarship to teach. This shit isn't rocket science. If that fails they get put in a long term facility indefinitely. Or a loved one has to manage them. Most of the homeless can recover if removed from their vice. Might relapse, but even a 10-20% success rate would clean up the streets.

https://x.com/libsoftiktok/status/1873195304612446580

https://babylonbee.com/cleanArticle/california-announces-mass-deportation-of-us-citizens

Yeah, people are dumb about the fish thing. Was hanging with a friend last night he didn't even know what smelt was. 80-90% of people don't know shit. Nice guy, but I was like what? I don't even live in CA but know the valley was a lake. This all could have been prevented.

Although I really don't care about a bunch of rich people's homes burning to the ground. They chose to live in a place that starts on fire run by inept government. I think CA loses 1M people (moving) from this alone outside of the continuing exodus. Losing a lot of high end tax payers that won't rebuild and just leave.

The dominos are falling you CA peeps. If you own I'd get out now. From a national viewpoint, it looks like a shit show of flaming diarrhea. Family be damned. Planes exist. If you can afford to live there a flight is no biggie to your new state.

WookieMan says

Family be damned.

Thank you for sharing your Family Values on Californian Patrick Killalea's blog that he so generously shares with you and the rest of us.

B.A.C.A.H. says

WookieMan says

Family be damned.

Thank you for sharing your Family Values on Californian Patrick Killalea's blog that he so generously shares with you and the rest of us.

Nothing will happen, while CA is definitely severely mismanaged and hopefully some if not most heads will roll for a good administrative reset, most people don't understand how big this state is and how desired geographically and climate wise. In the grand scheme of things for a state as large as CA, this catastrophe is just a blip.

corruption in ca government is fucked up. entire country is that way. red states have it too, just less because less money floating their way.

no matter what bullshit government pretends, you are always on your own.

mell says

Nothing will happen, while CA is definitely severely mismanaged and hopefully some if not most heads will roll for a good administrative reset, most people don't understand how big this state is and how desired geographically and climate wise. In the grand scheme of things for a state as large as CA, this catastrophe is just a blip.

Eh, I wouldn't call it a blip. You have a bunch of multimillionaires lose their homes. A good chunk are not coming back. They won't rebuild or can't. I finally broke ground after almost 2 years and there's only 6 new builds in our town. Permitting and all the regulations it might take 3-4 years to rebuild with thousands of homes being destroyed.

At that point you just leave. Unless you have to surf there are plenty of other temperate areas. I'd like Florida, but I don't like hurricanes. Even with better construction I wouldn't live there. These fires happen every year and wipe out massive swaths of land.

B.A.C.A.H. says

WookieMan says

Family be damned.

Thank you for sharing your Family Values on Californian Patrick Killalea's blog that he so generously shares with you and the rest of us.

What are you even talking about? You can choose to live in a place that is on fire. Is due for an earthquake. Just to maybe see family once a month? Totally worth it. Pay extreme income taxes. High property costs whether renting or owning. For what? Weather and family? You can make the same amount of income anywhere in the country. Why live in a place where your house can burn and you're taxed out the ass?

Sorry, you get testy when I dig at CA. I'm not wrong. I've been there plenty of times. It's really not that great. I think some of you guys get desensitized to how crappy it is. I think most people live there not realizing they can make the same or more money elsewhere and live for less. Justifying a bad decision.