Weather Channel website ranks Marin 17th worst place to own a home
By Janis Mara
Marin is the 17th worst place to own a home in the country, almost as bad as Hurricane Katrina-ravaged Forrest County, Mississippi, according to a report from the Weather Channel website weather.com.
“If you think about the devastation that could happen if there is a fire, considering how tightly packed homes are in some places, it’s not a shocker that it’s a relatively risky place,” said Robert Eyler, head of the Marin Economic Forum. “Now, what may seem somewhat confounding in all this is how quickly Marin’s housing markets have recovered and how they hold their value.
“So, if there is an earthquake or fire, how quickly would Marin’s housing market recover? There is a lot of wealth in Marin and people are going to rebuild. There are up-front risks but not a lot of long-term risks per se,” Eyler said.
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