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California neighborhood is slowly sliding toward the ocean
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.
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