August 13th, 2025
In an interview with the LA Times, Professor Mehdi Nemati dives into his research on land subsidence, finding that home prices in the Central Valley are 2.4% to 5.4% lower than they would be if the land were stable. This translates to losses of $6,689 to $16,165 per home.
Read the LA Times article here.
Watch the CBS News article here.