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#1
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My wife and I are looking for a house/condo/apartment in the
South Bay Area of California. We've some earthquake related questions: 1. There's a 8-storage metropolitan apartment building that the builder claims to be built with post-tension construction. It was built in early 2003. Is this technique something especially for earthquake? Or is it typical of any building these days, regardless of geographical locations. 2. Given the current construction methods, what's the safety profile of such a multi-level building versus the usual 2-3 story houses? 3. There're a lot of 40-50 year old houses selling at over half a million here due to school district. My impression is that wood framed structure tends to age and become weaker. Is this true? Thanks, Raymond |
#2
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![]() Are you new to California? If I had to guess I would say so. I doubt the average California home buyer worries about any of this. Even the best-built building is going to come down in a big earthquake in the wrong location. The newer the building the more likely it meets updated codes, of course. However, some old construction has proven to be very sturdy as has survived many earthquakes. The only rule to know is to avoid houses made of brick. Fortunately, 90%+ of housing here is wooden. Other than that, I wouldn't too much worry about it. There's a good chance you won't even *be* at home when an earthquake hits, but will be out and about. The best-built home in the world won't help you if your office building collapses on you. That's why I wouldn't worry about it too much. Dimitri |
#3
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![]() "Raymond Yeung" wrote in message om... My wife and I are looking for a house/condo/apartment in the South Bay Area of California. We've some earthquake related questions: 1. There's a 8-storage metropolitan apartment building that the builder claims to be built with post-tension construction. It was built in early 2003. Is this technique something especially for earthquake? Or is it typical of any building these days, regardless of geographical locations. he has to follow the code for earthquake zones...it no doubt meets the code... your interest should be how close is to known major fault lines..if its close you are screwed regardless. If its a few miles away you will probably be fine with current construciton. 2. Given the current construction methods, what's the safety profile of such a multi-level building versus the usual 2-3 story houses? Depends on construction details. Generally speaking its a tiny fraction of the structures in an entire area that go south in a disaster. Id worry about location on hillsides, mudslides and fire and what the neigbors house might do in a shake or fire etc. 3. There're a lot of 40-50 year old houses selling at over half a million here due to school district. My impression is that wood framed structure tends to age and become weaker. Is this true? no. The old wood is like iron compared to the new growth timber. If its old and in good shape in this area its well built. The foundation issues are more relevant to your questions. You should get a house inspection before buying regardless. and you need to look at the plus side..when california breaks off into the pacific you could end up with island or beach front property. ![]() Phil Scott Thanks, Raymond |
#4
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#5
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In a previous post Doug Miller says...
Well, Raymond, I live in Indiana, where we don't worry much about earthquakes, and so my opinion on this subject may be worth exactly what you're paying for it... but it seems obvious to me that a 40-50 year old building that's still standing has proven that it's able to withstand whatever quakes have occurred in that area in the last 40-50 years. And some of those have been pretty big. Doug: This is a misconception that many people have. It is entirely possible that the structure has used up its "reserve" strength and will come tumbling down in the next "Big One". There isn't a building yet designed that can withstand every seismic event. The current methodology uses a peak ground acceleration with a 10% probability of exceedance in 50 years. I just spent all of Saturday at a structural engineering seminar on the seismic portion of the the new IBC2003. This code is the state of the art in terms of how SE's understand seismic events, but the code is only as good as the design team who implements it and the builder who constructs the building according to the design. BTW, Indiana is not immune. The SW corner of the state has some relatively high seismic risk. -- Bob Morrison R L Morrison Engineering Co Structural & Civil Engineering Poulsbo WA |
#6
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On Wed, 06 Oct 2004 14:35:24 GMT, Bob Morrison
wrote: In a previous post Doug Miller says... Well, Raymond, I live in Indiana, where we don't worry much about earthquakes, and so my opinion on this subject may be worth exactly what you're paying for it... but it seems obvious to me that a 40-50 year old building that's still standing has proven that it's able to withstand whatever quakes have occurred in that area in the last 40-50 years. And some of those have been pretty big. This is a misconception that many people have. It is entirely possible that the structure has used up its "reserve" strength and will come tumbling down in the next "Big One". Or even "Not-So-Big-One". There isn't a building yet designed that can withstand every seismic event. The current methodology uses a peak ground acceleration with a 10% probability of exceedance in 50 years. SF's historic Old Mint was heavily damaged in the Loma Prieta event and its museum had to be closed to the public even though it had survived 1906 nicely. One of the problems is that there were very few major earthquakes in the SF area from 1906 to 1989, save the Daly City event of 1957, so one can say that some building has survived well all that time, but that's because it wasn't much tested. And Loma Prieta was NOT a Big One. And it was 60 miles away from SF. ************* DAVE HATUNEN ) ************* * Tucson Arizona, out where the cacti grow * * My typos & mispellings are intentional copyright traps * |
#8
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In a previous post Hatunen says...
Remember though, the goal of seismic structural design is not to save the building; it is to save lives. Even a well-designed building could be a total loss after an earthquake. This is an important consideration if buying a place, since earthquake insurance in California is fraught with difficulties. Dave's information and advice appears well thought out and I concur with his recommendations. -- Bob Morrison R L Morrison Engineering Co Structural & Civil Engineering Poulsbo WA |
#9
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![]() "Bob Morrison" wrote in message k.net... In a previous post Hatunen says... Remember though, the goal of seismic structural design is not to save the building; it is to save lives. Even a well-designed building could be a total loss after an earthquake. This is an important consideration if buying a place, since earthquake insurance in California is fraught with difficulties. Dave's information and advice appears well thought out and I concur with his recommendations. My view is that the odds are about 1% that any particlar home will be substantially damaged in the bay area.. the place is full of hundred year old homes that have stood though all the quakes,,, risks are minimal imho if you make sure to get a map of the fault lines and be well off them..and be well off the fill areas around the SF bay.,.. that ground turns to liquid in a light quate...along the marina beach area 50 or more homes, two story mostly came down and had to be rebuilt. In solid ground away from the fault lines I think a person is plenty save enough. ymmv. Phil Scott -- Bob Morrison R L Morrison Engineering Co Structural & Civil Engineering Poulsbo WA |
#10
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We actually lived in the area for close to 10 years. I know a lot of
people wouldn't even think about earthquake at all. Some think that FEMA would bail them out should major disaster strike, so they won't even bother with Earthquake insurance on a house worth half to one million. Earthquake would strike here someday much like snow would fall on the North. Incidentally, I learnt that earthquake magnitue is more of log scale - every increment causes a 30 fold increase in released energy. A major one is something of 7 or above. Think about the last one that's about 6, and then multiply that by 30, and with epicenter right in the neighbourhood. Anyway, here comes more questions/comments: 1. I still haven't heard anything about post-tension. Did some digging on newsgroup. This technique seems like a routine on modern building. But it sounds like people here think wood-frame 2-3 storeys are safer? 2. The tile roof looks pretty, but are they safe? Which material is safest, affordable and reasonably durable? 3. Any other features to avoid/desire, e.g. chimney, number/size of windows? Would Singles Family House be better than Townhouse (due to connected walls etc, if something bad happens next door, it would likely affect us also)? Thanks, Raymond |
#11
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(Raymond Yeung) wrote in
om: Snipola Incidentally, I learnt that earthquake magnitue is more of log scale - every increment causes a 30 fold increase in released energy. A major one is something of 7 or above. Think about the last one that's about 6, and then multiply that by 30, and with epicenter right in the neighbourhood. Snipola To be exact, the scale is calibrated such that a difference of 2 in magnitude represents a 1000 time increase in energy released. So a difference of 1 magnitude is sqrt(1000) or about 31.623. So a 7 is about 32 times more powerful than a 6, and 1000 times more powerful than a 5. This is also why the idea of triggering smaller quakes to release the stress wouldn't work. To release the stress of a magnitude 7 quake would require 1000 magnitude 5 quakes, or 1 million magnitude 3 quakes!!!! I did the calculations once to figure out how often a triggered quake would have to be done to release the stress of a large San Andreas event. Turns out you'd have to have a mag 3 to 4 triggered quake every few minutes. Not something most people would put up with. Here's a nice web page giving the formulas relating magnitude to energy released. There's also a chart comparing various magnitude quakes tons of TNT. http://staff.imsa.edu/science/geophy.../eqenergy.html PS. as a curiosity, there is such a thing as a magnitude 0 quake!!! Brian -- http://home.earthlink.net/~skywise711/index.html *** Website restructured. Old links are no longer valid *** "Great heavens! That's a laser!" "Yes, Dr. Scott. A laser capable of emitting a beam of pure antimatter." Sed quis custodiet ipsos Custodes? |
#12
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In a previous post Raymond Yeung says...
Anyway, here comes more questions/comments: 1. I still haven't heard anything about post-tension. Did some digging on newsgroup. This technique seems like a routine on modern building. But it sounds like people here think wood-frame 2-3 storeys are safer? Post tension construction has no direct relationship to earthquake resistance unless the engineer was using P/T strands to resist overturing forces (unlikely). Post tensioning allows for lighter floor slabs spanning longer distances. P/T can be a very effective tool when trying to design large column-free spaces, but this has nothing to do with seismic resistance. 2. The tile roof looks pretty, but are they safe? Which material is safest, affordable and reasonably durable? If earthquake resistance is an issue then stay away from tile roofs. They add weight in the worst possible place -- the roof. Tile roofs are great for resistance to forest fires. 3. Any other features to avoid/desire, e.g. chimney, number/size of windows? Would Singles Family House be better than Townhouse (due to connected walls etc, if something bad happens next door, it would likely affect us also)? Generally, masonry chimneys should be avoided in high seismic zones. However, many new homes have metals flues with stone veneer on wood framing. So, they only look like masonry, but in fact are not. If the townhouse or single family residence is properly engineered then it will make no difference. -- Bob Morrison R L Morrison Engineering Co Structural & Civil Engineering Poulsbo WA |
#13
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On Thu, 07 Oct 2004 02:13:46 GMT, "Phil Scott"
wrote: "Bob Morrison" wrote in message nk.net... In a previous post Hatunen says... Remember though, the goal of seismic structural design is not to save the building; it is to save lives. Even a well-designed building could be a total loss after an earthquake. This is an important consideration if buying a place, since earthquake insurance in California is fraught with difficulties. Dave's information and advice appears well thought out and I concur with his recommendations. My view is that the odds are about 1% that any particlar home will be substantially damaged in the bay area.. the place is full of hundred year old homes that have stood though all the quakes,,, Actually, there aren't. There have only been two significant earthquakes in the Bay Area since 1906: Daly City 1957, which was fairly small as these things go, mostly causing damage in Daly City, and Loma Prieta, 1989. While that was a fairly large quake, it was not a great earthquake. It was 60 odd miles from SF and Oakland. For a better idea of what a not-so-large quake can do near the epicenter look at Watsonville after Loma Prieta. With the seismologists predicting a major quake on the Hayward or San Andreas faults in the East May or on the Peninsula with a probability of, what is it now? 40% in the next 30 years? there is a rather high probability of significant damage to a residential structure. Both northern and southern California got lulled into a sense of complacency because there was a lull in seisemic activity for most of the 20th century, save, for southern California the Long Beach, Sylmar and Santa Barbara events. There is a good reason why insurance companies won't write earthquake insurance in most of California. Perhaps an analogy would be flood insurance, now almost totally underwritten by the federal government because insurance companies won't themselves provide flood insurance. The requirement to buy insurance is based on theso-called "100 year flood". This is a flood that has an occurance probability of 1% in any given year. It sounds low, but anyone who has had Statistics 101 should be able to calculate that the probability of a flood over the typical 30-year lifetime of a mortgage is about 26%. When I ws working for the city of Palo Alto I had innumerable occasions when homeowners whined to me that they didn't understand why they had to meet flood zone requirements in there new or substantially improved structure, because after all they had lived there for 30 years and there had never been a flood. But they were singing a different tune after the area flooded a while back. risks are minimal imho if you make sure to get a map of the fault lines and be well off them..and be well off the fill areas around the SF bay.,.. that ground turns to liquid in a light quate...along the marina beach area 50 or more homes, two story mostly came down and had to be rebuilt. In solid ground away from the fault lines I think a person is plenty save enough. What you think matters very little here. A big shock in the East Bay or on the Peninsula will cause widespread damage. Remember, there has not been a big shock in the area since 1906. By all means, don't be foolish enough to live on bay fill or old baylands or alluvial plains, but a nearby shake can cause damage to even homes on solid ground (of which there is actually very little in the Bay Area, and what there is is very expensive indeed because it will have elevation and therefore a view). Also remember that you don't have to have your house fall down to make repair costly. ************* DAVE HATUNEN ) ************* * Tucson Arizona, out where the cacti grow * * My typos & mispellings are intentional copyright traps * |
#14
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On 6 Oct 2004 23:08:31 -0700, (Raymond
Yeung) wrote: We actually lived in the area for close to 10 years. I know a lot of people wouldn't even think about earthquake at all. Some think that FEMA would bail them out should major disaster strike, so they won't even bother with Earthquake insurance on a house worth half to one million. There's a misconception the very few houses cost half to one million. But the property might. As I used to tell people in Palo Alto, no, youdidn't pay $600,000 for this house; you paid about $120,000 for the house and about $480,000 for the ground it's sitting on. That's why people are so willing to buy a really cute house and lot for $500,000 and then tear the house down and build a new one. Earthquake would strike here someday much like snow would fall on the North. Incidentally, I learnt that earthquake magnitue is more of log scale - every increment causes a 30 fold increase in released energy. A major one is something of 7 or above. Think about the last one that's about 6, and then multiply that by 30, and with epicenter right in the neighbourhood. Anyway, here comes more questions/comments: 1. I still haven't heard anything about post-tension. Did some digging on newsgroup. This technique seems like a routine on modern building. But it sounds like people here think wood-frame 2-3 storeys are safer? You can't really post-tension a wooden structure. post-tenisionig is usually done by embedding reinforcing bars in concrete and then tightenign giant nuts at the ends after the concrete sets. 2. The tile roof looks pretty, but are they safe? Which material is safest, affordable and reasonably durable? Tile rooves are a disaster waiting to happen. They are mostly held in place by gravity. 3. Any other features to avoid/desire, e.g. chimney, number/size of windows? Would Singles Family House be better than Townhouse (due to connected walls etc, if something bad happens next door, it would likely affect us also)? People have been killed or injured by falling brick chimneys. Not only that, even a minor shaker can crack the brickwork, making the chimney a fire hazard from the leakage of hot gasses to the wooden structure. Always have a chimney inspected after even a minor earthquake. Also avoid "soft stories"; these were a major problem in the Marina in 1989. A soft story is a level of the structure that has little support, like the typical San Francisco house that has an open space or garage in the ground level and the living area above that. If ther is a soft story, make sure that shear paneling has been installed and the house is bolted to the foundation (there used to be instructions for this in the front of Bay Area telephone books). The walls of the house should be tied together at the corners. A major damage of houses in an earthquake is due to the walls falling away from the house. by the way, lot's of earhquake pictures at http://nisee.berkeley.edu/eqiis.html ************* DAVE HATUNEN ) ************* * Tucson Arizona, out where the cacti grow * * My typos & mispellings are intentional copyright traps * |
#16
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#17
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#18
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#19
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#21
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In article ,
Hatunen wrote: With the seismologists predicting a major quake on the Hayward or San Andreas faults in the East May or on the Peninsula with a probability of, what is it now? 40% in the next 30 years? there is a rather high probability of significant damage to a residential structure. Both northern and southern California got lulled into a sense of complacency because there was a lull in seisemic activity for most of the 20th century, save, for southern California the Long Beach, Sylmar and Santa Barbara events. Northridge? Whittier? Also remember that you don't have to have your house fall down to make repair costly. This is true. I had a coworker whose house was torn down even though it "looked" fine. On the other hand, the average amount of earthquake damage tends to be rather small - smaller than the deductible, which is not a coincidence. Dimitri |
#22
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Anyone knows if the building codes rigorously enforced (esp. in Californi)
e.g. via strict house inspection by responsible government bodies? Do they have enough man power to do something like that? If the houses are not checked, then it doesn't matter how good the building codes are. Also, is there any good way/place to check out a builder's reputation, workmanship etc.? |
#23
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#24
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On 07 Oct 2004 14:43:43 -0700, Darryl Okahata
wrote: (D. Gerasimatos) writes: residential structure. Both northern and southern California got lulled into a sense of complacency because there was a lull in seisemic activity for most of the 20th century, save, for southern California the Long Beach, Sylmar and Santa Barbara events. Northridge? Whittier? San Fernando? (1971) That's the same as Sylmar. ************* DAVE HATUNEN ) ************* * Tucson Arizona, out where the cacti grow * * My typos & mispellings are intentional copyright traps * |
#25
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(D. Gerasimatos) writes:
residential structure. Both northern and southern California got lulled into a sense of complacency because there was a lull in seisemic activity for most of the 20th century, save, for southern California the Long Beach, Sylmar and Santa Barbara events. Northridge? Whittier? San Fernando? (1971) [ The San Fernando area was also pretty active for a couple of weeks or so in the mid-80s (summer 1986???). An uncle used to live there, and his concrete cinderblock backyard fence collapsed at least 2-3 times over the years. ] -- Darryl Okahata DISCLAIMER: this message is the author's personal opinion and does not constitute the support, opinion, or policy of Agilent Technologies, or of the little green men that have been following him all day. |
#26
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Hi,
Just to clarify, we're in the Northern California, San Jose neighbourhood. As in Silicon Valley. Raymond Hatunen wrote in message . .. On 7 Oct 2004 11:22:05 -0700, Oh, oh. Ambiguity alert! I took South Bay Area to mean south Bay Area, i.e., near San Francisco, not South Bay area, i.e., near Los Angeles. |
#27
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There's a misconception the very few houses cost half to one
million. But the property might. As I used to tell people in Palo Alto, no, youdidn't pay $600,000 for this house; you paid about $120,000 for the house and about $480,000 for the ground it's sitting on. That's why people are so willing to buy a really cute house and lot for $500,000 and then tear the house down and build a new one. Okay, I suppose that's the good news. If the house is totaled, it'd cost about $120,000 to rebuild? And I suppose such a devastating event would have little impact to subsequent resale value of the property? I'd suppose people might be hesitant in buying a land upon which a house had previously been shaken down. You can't really post-tension a wooden structure. post-tenisionig is usually done by embedding reinforcing bars in concrete and then tightenign giant nuts at the ends after the concrete sets. So is there any new benefit the P/T method to the consumers like us? Or is it just marketing hype (they think P/T is a cute term that grabs attention)? |
#28
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#29
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(Raymond Yeung) writes:
There's a misconception the very few houses cost half to one million. But the property might. As I used to tell people in Palo Alto, no, youdidn't pay $600,000 for this house; you paid about $120,000 for the house and about $480,000 for the ground it's sitting on. That's why people are so willing to buy a really cute house and lot for $500,000 and then tear the house down and build a new one. Okay, I suppose that's the good news. If the house is totaled, it'd cost about $120,000 to rebuild? And I suppose such a devastating The cost to rebuild is highly variable, and depends on your situation. You can't just say that it'll cost $XXX,XXX to rebuild. Think about it. How big is the house? Is it on flat ground, or on an hillside (will it need special engineering considerations)? What construction materials are being used? Wood? Gold? What about changes in building codes? [ Someone here should have better numbers, but I think an approximate rule of thumb is to use $100 per square foot of house (for an "average" house on flat ground). I've forgotten if you also have to include the footage for garage area (anyone remember?). Many parts of the country will be less, but I think I read somewhere that the average cost is significantly higher in the SF bay area ($150+/sq.ft.???). Another rule of thumb: if you ever build an house and get an overall cost estimate, add 25% to whatever you get. Construction costs always seem to go over budget. ] -- Darryl Okahata DISCLAIMER: this message is the author's personal opinion and does not constitute the support, opinion, or policy of Agilent Technologies, or of the little green men that have been following him all day. |
#30
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In article ,
Hatunen wrote: On 8 Oct 2004 08:07:20 -0700, (Raymond Yeung) wrote: There's a misconception the very few houses cost half to one million. But the property might. As I used to tell people in Palo Alto, no, youdidn't pay $600,000 for this house; you paid about $120,000 for the house and about $480,000 for the ground it's sitting on. That's why people are so willing to buy a really cute house and lot for $500,000 and then tear the house down and build a new one. Okay, I suppose that's the good news. If the house is totaled, it'd cost about $120,000 to rebuild? And I suppose such a devastating event would have little impact to subsequent resale value of the property? I'd suppose people might be hesitant in buying a land upon which a house had previously been shaken down. After the flood in palo Alto I saw no sign of a drop in property values. Property values did dip temporarily after the Northridge earthquake and savvy buyers took advantage of that. The next time an earthquake hits an area and property values drop (mostly as fearful people flee the area and sell for a loss) I will be buying as much as I can. The property values rebounded within a couple of year. Dimitri |
#31
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(Raymond Yeung) wrote in message . com...
Hi, Just to clarify, we're in the Northern California, San Jose neighbourhood. As in Silicon Valley. Raymond Hatunen wrote in message . .. On 7 Oct 2004 11:22:05 -0700, Oh, oh. Ambiguity alert! I took South Bay Area to mean south Bay Area, i.e., near San Francisco, not South Bay area, i.e., near Los Angeles. Well that's a relief. Regaurding the house -- Just make sure to check that the house is bolted to the foundation. If the house has a basement than the check is very easy. Otherwise you will need to shine a flashlight inside the crawlspace. |
#32
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But if we buy a new house, or one that was built withint the last 10
years, should house be bolted to the foundation (by building codes), esp. the new houses they're building now? Well that's a relief. Regaurding the house -- Just make sure to check that the house is bolted to the foundation. If the house has a basement than the check is very easy. Otherwise you will need to shine a flashlight inside the crawlspace. |
#33
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In article ,
Raymond Yeung wrote: But if we buy a new house, or one that was built withint the last 10 years, should house be bolted to the foundation (by building codes), esp. the new houses they're building now? Yes. Dimitri |
#34
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#35
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On Sat, 09 Oct 2004 12:15:42 -0700, Scott en Aztlán
wrote: On 8 Oct 2004 08:07:20 -0700, (Raymond Yeung) wrote: Okay, I suppose that's the good news. If the house is totaled, it'd cost about $120,000 to rebuild? Well, yes and no. Repair and reconstruction prices tend to go up in the wake of a natural disaster; that's basic supply-and-demand at work. If you can wait until the activity dies down to normal levels and then rebuild, you could probably have your house rebuilt for about that much. But where would you live in the meantime? And I suppose such a devastating event would have little impact to subsequent resale value of the property? I'd suppose people might be hesitant in buying a land upon which a house had previously been shaken down. New people are coming to CA all the time. Even longtime residents have short memories. If the house is *in* an earthquake zone, you must disclose that fact, And the definition of a disclosable earthquke zone is quite limited; it's called a "seismic studies zone" and it lies only within a half-mile (?) of a fault trace. It's aimed mostly at keeping structures from being torn apart by fissuring or lateral displacement. but if it's not the buyer need never know that it was shaken to the ground unless he does his due diligence and pulls all the past permits on your property. As a mater of fact, buying a house in an area where significant earthquake damage has occured can be a sound business strategy. Suppose there were a major quake on the Newport-Inglewood fault tomorrow with damage levels comparable to the 1933 event. Real estate prices would be depressed, but only temporarily. You swoop in and buy up a great lot with an ocean view in Newport Beach for a bargain price because the owner wants to bail and move to Florida where they don't have earthquakes. You clear the debris off the lot and build a brand new house. Everyone else is rebuilding, too, and in 5 years you can't tell there was ever an earthquake in the area. Prices rebound and eventually reach new record highs, so you're sitting pretty. This is, of course, a definte risk, since there is nothing to prevent another earthquake from destroying your new house within some reasonable length of time, which might be as short as next year. You're playing the odds, and you won't have good enough insurance to cover your losses. And large earthqukes do sometime occur closely together; it's now theorized that quakes are not completely random events, but rather one may cause another nearby. The worst US case would be the three New Madrid 8.0 earthquakes in Missouri over the years 1810 to 1813 (I think it was). Meanwhile, your risk of being in another quake is drastically reduced, because all the strain has been taken out of the ground along the N-I fault; by the time enough strain builds up for another big quake to occur, you've long since sold at a huge profit. Except it may set up the for a quake on an adjacent fault. But it's your money; go for it. ************* DAVE HATUNEN ) ************* * Tucson Arizona, out where the cacti grow * * My typos & mispellings are intentional copyright traps * |
#36
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Hatunen wrote in message . ..
Well, yes and no. Repair and reconstruction prices tend to go up in the wake of a natural disaster; that's basic supply-and-demand at work. While we're on this topic, does anyone know to what extent (and in what form) would FEMA offer any relief? As a mater of fact, buying a house in an area where significant earthquake damage has occured can be a sound business strategy. [snip] Prices rebound and eventually reach new record highs, so you're sitting pretty. This situation is different, you know. In this case, you're talking about someone that has free/fresh cash to take risk. In the original scenario, someone has already committed big money in the property; it is gone... This is, of course, a definte risk, since there is nothing to prevent another earthquake from destroying your new house within some reasonable length of time, which might be as short as next year. You're playing the odds, and you won't have good enough insurance to cover your losses. Yes, good point. In fact, when the damages are done, we won't even know if that is the big/last one. Theoretically, it may well be the pre-shocks. More after-shocks may come, and right now, no one can predict after-shocks time schedule. Building a new property in temporal promixity might actually increase your chance of getting hit. And large earthqukes do sometime occur closely together; it's now theorized that quakes are not completely random events, but rather one may cause another nearby. |
#37
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![]() " Well, yes and no. Repair and reconstruction prices tend to go up in the wake of a natural disaster; that's basic supply-and-demand at work. While we're on this topic, does anyone know to what extent (and in what form) would FEMA offer any relief? While FEMA MIGHT offer relief in these areas, FEMA shouldn't give any money to anyone who willing lives in an area already known for certain types of natural disasters. That's what insurance is for. If you can't afford the proper insurance, then pick someplace else to live. FEMA only has money because it's taken it from many of us to pay you for your lack of foresight. |
#38
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"3D Peruna" wrote in message ...
" Well, yes and no. Repair and reconstruction prices tend to go up in the wake of a natural disaster; that's basic supply-and-demand at work. While we're on this topic, does anyone know to what extent (and in what form) would FEMA offer any relief? While FEMA MIGHT offer relief in these areas, FEMA shouldn't give any money to anyone who willing lives in an area already known for certain types of natural disasters. That's what insurance is for. If you can't afford the proper insurance, then pick someplace else to live. Yes, I agree with you that insurance should be bought in such areas. I did hear certain people skipping insurance and counting on FEMA. So I thought I would verify that claim. What sort of relieves had been distributed to other disasterous states before? On another note, the earthquake insurance here in California is really poor, at least that's what it used to be some 7-8 years ago when I first looked into it; it probably still is like this - high premium, high deductible, and lots of fine prints. Essentially, my impression is that none of them is particularly practical. FEMA only has money because it's taken it from many of us to pay you for your lack of foresight. Don't know how many people in California buy Earthquake insurance. By the same token, don't know if it's common for people in Tornado Alley, Florida etc to buy the corresponding disaster insurance. If FEMA has set up a process/system to help, then it has. If it hasn't, then it hasn't. There's no need to be resentful. Otherwise, we can talk about our tax system, which essentially is a redistribution of wealth. |
#39
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In a previous post Raymond Yeung says...
Yes, I agree with you that insurance should be bought in such areas. I did hear certain people skipping insurance and counting on FEMA. So I thought I would verify that claim. What sort of relieves had been distributed to other disasterous states before? The BEST you could hope for would be a low interest loan. FEMA will not repair structures outright. I gotta say that it sounds like you are really nervous about living in California. My opinion is if you can't stand the risk then don't. Find someplace else to live. Many people don't like the rain here in the Pacific NW. I don't mind it and in fact moved from the dry side of the state to to the wet side. Don't force yourself to live where you know you will be on "pins and needles" all the time. You will just be miserable and not enjoy life. A job isn't worth that. So, bottom line: either get comfortable with some risk or find another situation. Don't expect the government to bail you out because they won't. -- Bob Morrison R L Morrison Engineering Co Structural & Civil Engineering Poulsbo WA |
#40
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![]() So, bottom line: either get comfortable with some risk or find another situation. Don't expect the government to bail you out because they won't. And, more importantly, the goverment shouldn't bail you out. |
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