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Tuesday, July 11, 2023

Had They Known 

This would have been unlikely had the homeowners known the history of unstable soil on the Palos Verde Peninsula.  Yet, developers were allowed to build with the knowledge that the land is subject to slides.  What is the responsibility of communicating risk to the unwary?  Palos Verde is beautiful but dangerous and home buyers should have known that before they took mortgages.  At very least they should have signed a paper acknowledging the soil conditions and the propensity for it to end in the ocean.  Then if they were foolhardy enough to buy, they would have had no one to blame but themselves.  As it is, the developers walk away and leave the homeowners to their fate.  It's a sad situation.


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