Is area too toxic for buyers?

Full story: Daily Breeze 25
Five years ago Tanya Speiler purchased a house near the ExxonMobil refinery in Torrance with the help of a subprime loan. Full Story
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Burbank, CA

#25 Jul 17, 2008
It's one thing if a refirnery gets put into your neighborhood after you move there but its crazy to buy one near an oil refinery because the soil will be contaminated just like it would be near a plating factory, an airport, etc. One would know what you are getting into if you buy near a refinery. Aside from that, houses were selling at a huge inflated price five years ago. Not being able to afford the payments was part of buying property that was more than it should have been.

Peope wanted the American Dream of owning a house but it was too expensive in an area that was not prime land being so close to the refinery. It wasn't a good time to buy . Even though this is a buyers' market now, some people are still afraid to buy because they don't know how the job market is going to be and they might not have a job since there isn't anything called job security anymore.

I hope the family does find peace in Alabrama where property is cheaper
Torrance and Mobil

Sun Valley, CA

#27 Jul 17, 2008
Mobil and Torrance.
Mobil can do what ever they like
They must some of the car washes and
the oxygen tank companies
Mr Green Team

Floridablanca, Colombia

#28 Jul 17, 2008
Silycon doc, dude, ever consider getting a hobby? Seems like you've too much free time. And if you think libs are bad now, wait when they get all the power--you will be in a re-education camp, eating moldy bread, picking nits off your cellmate.

Torrance, CA

#30 Sep 30, 2013
All resident of del Amo blvd.between Crenshaw and van ness must be relocated for their safety.too close to refinery and those jet fuel reservoir tanks is close to homes.if something happens again like before ,all resident will be in much danger.residents must unite and demand for relocation for safety.
Maria Barley Smith

Los Angeles, CA

#33 Nov 21, 2013
Los Angeles is a gorgeous city. However, it has a few spots that you shouldn't look into to buy a house. The area around ExxonMobil oil refinery in Torrance is one of those areas.

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