Four Realities of the LA Fire in My Mind

 1.  Once people with burnt-out homes realize the property tax impact....that they are likely still paying 60-percent of the old property tax amount....possibly  up to four years before it can be rebuilt.....roughly 50-percent of folks will put the acreage up for sale, and leave the state.

2.  What idiots would go and buy the acreage (burnt-out) as a group-investor (buying 100 to 200 properties), unless you had a iron-clad promise by the Mayor that property taxes would be scaled for a year or two?

3.  What insurance company would come back in and provide coverage....unless it was approved to go up 50 to 100 percent?

4.  For all this talk of massive apartment construction.....when you do the math and income discussion....what middle-class family can afford $4k to $5k for a 3-bedroom apartment?  I see apartments being built, and delivered by the end of 2027....with a quarter of them sitting empty for a minimum of a year because of the outrageous rental cost.