But..they keep on building and insurance companies keep leaving. 🤔

. . . I don't think it will be long before there's a big push for government bailouts of property owners in areas like Palos Verdes.

Somehow, I don't think we'll see much of a push for assisting the poorer residents of unstable areas.

Nearly all of the coast was created by plate subduction, making for unstable soil. Changes in climate exacerbate erosion. We get to see land movement in years now, even days, not decades.

The coast is simply doing what any educated person would expect it to.

No, California is not going to fall into the ocean. California is firmly planted on the top of the earth’s crust in a location where it spans two tectonic plates. The San Andreas Fault System, which crosses California from the Salton Sea in the south to Cape Mendocino in the north, is the boundary between the Pacific Plate (that includes the Pacific Ocean) and North American Plate (that includes North America). These two plates are moving horizontally, slowly sliding past one another. The Pacific Plate is moving northwest with respect to the North American Plate at approximately 46 millimeters per year (the rate your fingernails grow). The strike-slip earthquakes on the San Andreas Fault are a result of this plate motion. There is nowhere for California to fall, however, Los Angeles and San Francisco will one day be adjacent to one another!

USGS