Colorado Fire

[ruffdog]

I thought it was already determined a tree fell in the high winds on a power line.

Nope.....that was not the case.

 

[ovrszd]

I thought it was already determined a tree fell in the high winds on a power line.

I had heard that too. But now they are investigating further. So until they officially announce a cause, it's wide open.

 

[ruffdog]

The only wires they found were telecom wires.

 

[Jchonline]

All the families that lost their homes and lost their businesses, and the insurance carriers are gonna be pointing fingers. Someone is at fault, even if it was a "mistake". When the losses are in the Billions, lawsuits will be coming.

Yes these weren’t cheap homes. $1mil+ each.

 

[ovrszd]

Yes these weren’t cheap homes. $1mil+ each.

And odds are very, very good they are under insured.

 

[Jchonline]

I thought it was already determined a tree fell in the high winds on a power line.

Last I read the local electricity provider (Xcel) did an inspection of the lines in the area where the start of the fire was reported and found no evidence of a tree. Now apparently there is a “shed” that is the origin and caught fire. A religious cult owns it, but apparently it could have had a homeless person staying in it. So who the heck knows. Will probably end up being lightning or something lol!

 

[Jchonline]

And odds are very, very good they are under insured.

It’s hard to keep up honestry. Home prices are skyrocketing in Colorado. We sold one last year, bought 8 years prior. value went up 120%.

 

[ovrszd]

It’s hard to keep up honestry. Home prices are skyrocketing in Colorado. We sold one last year, bought 8 years prior. value went up 120%.

Yep. I was more referring to "construction costs". So an owner might find themselves without enough money to build back on their lot.