@cnbc: CNBC's Contessa Brewer reports on how many homeowners in #California may be underinsured due to high levels of inflation in materials and construction labor. Tap the #linkinbio or the link on screen to read more. #CNBC
A big portion of the value in these homes was in the land itself and not the building. At an average cost of $500/sf you can build a really nice 6,000 sf house for $3M.
2025-01-13 17:11:01
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gee6136 :
The whole fair plan pool is 600 million so it covers 200 houses there
2025-01-13 16:15:26
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Jonathan619🇲🇽🇲🇽🇺🇸 :
What the actual house is really worth
2025-01-13 17:14:41
2
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2025-01-13 16:02:15
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2025-01-13 22:09:44
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👍
2025-01-13 17:49:18
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Brick and Yukon :
"600+ days ghosting a veteran’s toxic home but never misses a ✨taxpayer-funded vacation✨. #LaraLuxury #AbandonedVeterans #GoalZeroPoison"
2025-04-08 01:10:28
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2025-01-14 10:10:42
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2025-01-14 08:59:31
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2025-01-14 06:19:03
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2025-01-14 04:20:36
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2025-01-13 16:45:07
0
H :
Talk about the state regulations that caused insurance companies to leave the California market ✨
2025-01-14 11:50:55
1
justin_tav__ :
State needs to cover this it’s on them
2025-01-13 19:59:46
1
Vinx :
Are US tax payers on the hook for multi million dollar mansions rebuilds?
2025-01-13 17:56:30
1
سامي :
100K deductible🤡
2025-01-16 05:10:06
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🇺🇸 :
Newsom makes $242 a year. How does he live in a $9 million dollar house?
2025-01-14 05:46:06
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Mark :
Elections have consequences
2025-01-14 02:35:10
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Star Santa Cruz :
Another insurance rip off to hurt consumer!! Even ca fair plan! Wow!
2025-01-14 02:07:44
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user3645805114616 :
wooden and Federal government in emergency situations take over. and pay for the lost houses
2025-01-14 01:57:54
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user3154198830646 :
Very sad. As primary insurance policies were tough to come by, there was a lot of availability of DIC policy to help augment potential gaps in coverage
2025-01-14 01:15:22
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A TO Z STUDIO :
I feel Trump is the last president of this system and USA is towards a huge change.
2025-01-14 00:00:56
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Electrical guy :
Nobody paying you 100 million for a over rated house
2025-01-13 22:18:29
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yippy :
Plus rent control and Prop 19 discourage rentals
2025-01-13 22:16:45
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MaddSusa :
Why would anyone rebuild in a fire hazard area that’s only going to get worse over time?
2025-01-13 21:54:46
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