California neighborhood is slowly sliding toward the ocean

Name: California neighborhood is slowly sliding toward the ocean
Uploaded: 2025-02-26T19:57:00-0500
Duration: 3 min 22 s
Description: A California neighborhood is slowly sliding toward the ocean, but not all homeowners want to leave. A buyout program only provides 75% of the funding for the city to buy affected properties at fair market value, while the remaining share is absorbed by sellers. Jonathan Vigliotti reports.

A California neighborhood is slowly sliding toward the ocean, but not all homeowners want to leave. A buyout program only provides 75% of the funding for the city to buy affected properties at fair market value, while the remaining share is absorbed by sellers. Jonathan Vigliotti reports.