Why San Francisco's Earthquake Risk Is Growing

A U.S. Geological Survey report says that there is more than a 70 percent chance that a 6.7 magnitude or higher earthquake will hit the Bay Area in the next 30 years. Here's why San Francisco is not as ready as one may think when the next big earthquake hits. Two major earthquakes have hit the Bay Area in modern history. In 1906, a 7.9 magnitude earthquake hit San Francisco and 80 percent of the city's buildings fell or burnt to the ground, leaving 300,000 people homeless and killing nearly 3,000. In 1989, a 6.9 magnitude quake caused the ground to liquefy in parts of the city and collapsed highways, killing more than 60 people. » Subscribe to CNBC Make It.: http://cnb.cx/2kxl2rf About CNBC Make It.: CNBC Make It. is a new section of CNBC dedicated to making you smarter about managing your business, career, and money. Connect with CNBC Make It. Online Get the latest updates: https://www.cnbc.com/make-it Find CNBC Make It. on Facebook: https://cnb.cx/LikeCNBCMakeIt Find CNBC Make It. on Twitter: https://cnb.cx/FollowCNBCMakeIt Find CNBC Make It. on Instagram: https://bit.ly/InstagramCNBCMakeIt #CNBC #CNBCMakeIt Why San Francisco's Earthquake Risk Is Growing