Earthquake! Everybody run for the - nevermind.

Gn2Dlnd · 01-29-2007, 02:17 PM

Leetle earthquake. Just now. Honest!

http://earthquake.usgs.gov/eqcenter/...ci10228921.php

Capt Jack · 01-29-2007, 02:32 PM

a 2.7?? geez, I cause more of a shake climbing out of bed

RStar · 01-29-2007, 02:33 PM

Quote:

Originally Posted by Capt Jack

a 2.7?? geez, I cause more of a shake climbing out of bed

Me too, but there is also a smell assosiated.

Capt Jack · 01-29-2007, 02:35 PM

wasnt goin there with it.....but, yeah. ditto

mousepod · 01-29-2007, 02:39 PM

One good shake and the buyer's market will be great. We've been waiting for a decade here and it just won't happen...

Alex · 01-29-2007, 02:52 PM

Bummer, I didn't feel it.

Quote:

One good shake and the buyer's market will be great.

The weirdest things prompt to research things. This seems logical but following the Loma Prieta earthquake, San Francisco median housing prices did fall in over the next half decade. But not as much as they did in California as a whole (and much less than the other major municipal areas in this chart).

mousepod · 01-29-2007, 03:21 PM

I found this.

Quote:

The results indicate that the Northridge Earthquake had a negative impact and overall capitalization rates rose. This negative effect, however, was not uniform over the entire Los Angeles area. During the first year the impact was correlated with distance to the epicenter and proximity to areas with high concentrations of damage. This negative effect, however, proved to be a temporary phenomenon.

Since I'm getting ready to buy, I'm thinking a month or two after a big one would be ok.

Alex · 01-29-2007, 03:29 PM

Probably depends on the neighborhoods hit worst. The worse the neighborhood the more speculation you'd see (on redevelopment), creating upward price pressure.

What happened to Malibu housing prices after their fires?

RStar · 01-29-2007, 04:41 PM

I would think a fire would be considered differently in peoples minds. It's more of a "having all the right conditions together all at once" phenomenon rather than a natural disaster like a hill slide , earthquake, or even flood.

CoasterMatt · 01-29-2007, 05:15 PM

I'd move closer to the epicenter, since that area has had it's tectonic pressure lessened.

01-29-2007, 02:17 PM	#1
Gn2Dlnd Parmmadore Jim Join Date: Jan 2005 Location: Casita del Queso Posts: 3,810	Earthquake! Everybody run for the - nevermind. Leetle earthquake. Just now. Honest! http://earthquake.usgs.gov/eqcenter/...ci10228921.php __________________ Does anyone still wear a hat?
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01-29-2007, 02:32 PM	#2
Capt Jack check your head Join Date: Oct 2005 Posts: 4,174	a 2.7?? geez, I cause more of a shake climbing out of bed __________________ a clear conscience is a sure sign of a fuzzy memory
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01-29-2007, 02:35 PM	#4
Capt Jack check your head Join Date: Oct 2005 Posts: 4,174	wasnt goin there with it.....but, yeah. ditto __________________ a clear conscience is a sure sign of a fuzzy memory
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01-29-2007, 02:39 PM	#5
mousepod You broke your Ramadar! Join Date: Jan 2005 Posts: 4,635	One good shake and the buyer's market will be great. We've been waiting for a decade here and it just won't happen... __________________ "Give the public everything you can give them, keep the place as clean as you can keep it, keep it friendly" - Walt Disney
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01-29-2007, 03:29 PM	#8
Alex . Join Date: Feb 2005 Posts: 13,354	Probably depends on the neighborhoods hit worst. The worse the neighborhood the more speculation you'd see (on redevelopment), creating upward price pressure. What happened to Malibu housing prices after their fires?
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01-29-2007, 04:41 PM	#9
RStar Senior Member Join Date: Jun 2006 Location: Me & Manyard hangin out! Posts: 5,433	I would think a fire would be considered differently in peoples minds. It's more of a "having all the right conditions together all at once" phenomenon rather than a natural disaster like a hill slide , earthquake, or even flood. __________________ Meddle not in the affairs of Dragons, for you are crunchy and good with ketchup! www.StarTownGifts.com
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01-29-2007, 05:15 PM	#10
CoasterMatt BRAAAAAAAINS! Join Date: Jan 2005 Location: One Step Beyond... Posts: 8,802	I'd move closer to the epicenter, since that area has had it's tectonic pressure lessened. __________________ Do you like my photography? Visit photosbymatt.tumblr.com to purchase prints!
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