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California's Palos Verdes Peninsula Crumbles: $42M Buyout Launched

2/6/2025

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Story summary
  • The Palos Verdes Peninsula in California is dramatically shifting towards the Pacific Ocean at a staggering rate of 4 inches per week, endangering hundreds of homes. This alarming movement, triggered by the heavy rains from Hurricane Hilary in 2023, has prompted the city to launch a $42 million buyout program for impacted residents, as they closely monitor the situation.