Insurance companies will pay to rebuild most of the homes that were burned down. But even if the newly rebuilt homes are identical to the old ones in all respects, the Butte Fire homeowners will still have a loss. The fact is that a home in the area simply won’t be worth what it was
Diminution in Value
Why Is PG&E Moving Pipe from Crestmoor?
PG&E has finally agreed to move the pipeline from the Crestmoor neighborhood. PG&E would have us believe the decision was made out of concern for residents. According to PG&E president Christopher Johns:
PG&E understands that no one wants the damaged section of Line 132 rebuilt at its current location. We know residents in the neighborhood
Glenview Homeowners Should Be Compensated for Diminution in Their Homes’ Value
The fact of the matter is that Glenview homes aren’t worth today what they were on September 8. That’s because some house hunters who might have considered buying in the Glenview neighborhood before the fire will now fear that the neigborhood is unsafe. Others, in light of all the pain the neighborhood has experienced, will …