Is area too toxic for buyers?

Is area too toxic for buyers?

There are 25 comments on the Daily Breeze story from Jul 13, 2008, titled Is area too toxic for buyers?. In it, Daily Breeze reports that:

Five years ago Tanya Speiler purchased a house near the ExxonMobil refinery in Torrance with the help of a subprime loan.

Join the discussion below, or Read more at Daily Breeze.

First Prev
of 2
Next Last

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

West Hills, 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

Bucaramanga, 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.

Newport Beach, 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

Fullerton, 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.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker
First Prev
of 2
Next Last

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Real Estate Discussions

Title Updated Last By Comments
News Ignacio Beato Enters Guilty Plea to Federal Charge 9 hr Mysterious Ways o... 1
CapitaLand Development, Victoria Park Villas Tue wendellgutierrez 1
Bulk REO Tapes Available (Oct '08) Mon John 159
News Donald's Trump sons take helm of Trump Organiza... Apr 23 Dane Jah 29
Need Real Sellers for JP54 and D2 (Sep '10) Apr 23 Fishbone 131
A present day artistic impression residential c... Apr 23 wendellgutierrez 1
News Is Acton Really Worth the Drive when we read Ac... (Oct '10) Apr 22 Halton Hills News 13
More from around the web