This might be the most stupid question ever, but I must admit it bothers me at least a little bit. What do people living in the valley now think/do about the threat of a really big earthquake in the next couple of decades? I am really risk averse when it comes to life threatening things...
I just googled and found an article which seems to say that scientists don't really know anything (there might be an earthquake, or there might not be an earthquake). Or maybe all houses in that region are already built to withstand the projected impact? What about floods?
Yes, the big earthquake will arrive someday, and various things are going to fall down. Read all about it in this harrowing guide:
http://pubs.usgs.gov/gip/2005/15/
Yes, all of news.yc is in denial, which is why they conspicuously failed to vote up this guide when I posted it the first time. Don't think I didn't notice. But I will have the last laugh! My vengeance will be AWESOME to behold! THE TEMBLORS WILL DESTROY YOU ALL, AND YOUR LITTLE MACBOOKS TOO!! HAHAHAHAAA!!!
Having said that: if you've read the guide, avoided buying a house in my old neighborhoods (it's a good time to rent anyway, for completely unrelated financial reasons), stocked up on emergency water, and installed proper hardware to prevent your power tools from falling off the garage shelf onto your sports car (or your head), I think the odds are that you'll survive the earthquake in fine style. In the meantime, every day you spend in Omaha, Nebraska instead of the Valley is probably costing you money. And, of course, there are tornadoes, which they don't have in California.
I doubt you can afford the houses that get really punished by the mudslides, I don't think they have floods in San Jose (Sacramento, maybe), and the volcanoes (volcanoes?!) are a thousand miles to the north.