Landslides can create permanently unstable sites that cannot be repaired or developed, and as a result, can cause severe economic and social consequences for families and communities. This study examines the economic and social effects of a landslide that struck Western Washington in February 1999. Two years after the landslide, property owners completed a confidential questionnaire. Property owners experienced significant personal financial losses and received little financial assistance to recover. Most (93%) did not receive any relief from their insurance policies, and 7% received only temporary rental assistance. Participants reported a variety of monetary and personal losses that were associated with emotional distress. They also reported a variety of gains and new perspectives on life. In this paper, we consider mechanisms to reduce the economic losses of landslides as well as implications and future research directions.