Aftermath of the CA Fires.....Who will be the Winners?

[1srelluc]

Do you think investors are going to throw money at a place that just burned down from decades of mismanagement, unavailable insurance, years of red tape, and building requirements that are going to make nuclear safety officers jealous?

I think, despite the above, it'll be a feeding frenzy for institutional investors (think Blackrock) and the very wealthy.

From a FL poster:

It is unlikely that it will be rebuilt in anything resembling "the way it was".

Based on our experience here in Florida, as soon as they clear the debris there will be "For Sale" signs on every 3rd lot, and as those signs come down, others will pop up.

As for commercial, 80% of that will be on the market before the embers cool, as "builders/developers" and "real estate investors" tend to be different groups of folks.

After over two years, large sections of Estero Island/Fort Myers Beach still have vacant lots all over the place.

Also, this is when the local governments move all sorts of projects they crave that were too $/hard through eminent domain from the "dream" to "doable" category.

Throw in California's exponentially stricter building regulations and policies combined with a restrictive permitting system and higher costs plus all the dreams the bureaucrats have about increasing population density and creating "walkable", "15 minute" cities, and we can see trouble brewing on the horizon.

Since California does not have the kind of State and County-level governments nor the type of courts that are willing or capable of enforcing laws or even cost discipline to put the kibosh on the "good idea fairy" the reconstruction risks becoming an absolute and total shit-show.

 

[AyeCantSeeYou]

The winners will be those that do not rebuild in an area that is known for fires.

 

[1srelluc]

The winners will be those that do not rebuild in an area that is known for fires.

Well, since it's burned it will be many years before enough brush builds-up for it to burn again.

If you are a rich 60-odd year old would it really matter if nothing changes?

 

[Manonthestreet]

Do you think investors are going to throw money at a place that just burned down from decades of mismanagement, unavailable insurance, years of red tape, and building requirements that are going to make nuclear safety officers jealous?

I think, despite the above, it'll be a feeding frenzy for institutional investors (think Blackrock) and the very wealthy.

From a FL poster:

It is unlikely that it will be rebuilt in anything resembling "the way it was".

Based on our experience here in Florida, as soon as they clear the debris there will be "For Sale" signs on every 3rd lot, and as those signs come down, others will pop up.

As for commercial, 80% of that will be on the market before the embers cool, as "builders/developers" and "real estate investors" tend to be different groups of folks.

After over two years, large sections of Estero Island/Fort Myers Beach still have vacant lots all over the place.

Also, this is when the local governments move all sorts of projects they crave that were too $/hard through eminent domain from the "dream" to "doable" category.

Throw in California's exponentially stricter building regulations and policies combined with a restrictive permitting system and higher costs plus all the dreams the bureaucrats have about increasing population density and creating "walkable", "15 minute" cities, and we can see trouble brewing on the horizon.

Since California does not have the kind of State and County-level governments nor the type of courts that are willing or capable of enforcing laws or even cost discipline to put the kibosh on the "good idea fairy" the reconstruction risks becoming an absolute and total shit-show.

Not sure you can afford to lose that type of tax base to pie in the sky idiocy without putting a huge dent in your budget.

 

[Rambunctious]

When these poor democrats begin to try and rebuild in CA... it will turn them all crimson red... this fire and the failures of DEI and Newsom will turn CA red....

 

[martybegan]

Do you think investors are going to throw money at a place that just burned down from decades of mismanagement, unavailable insurance, years of red tape, and building requirements that are going to make nuclear safety officers jealous?

I think, despite the above, it'll be a feeding frenzy for institutional investors (think Blackrock) and the very wealthy.

From a FL poster:

It is unlikely that it will be rebuilt in anything resembling "the way it was".

Based on our experience here in Florida, as soon as they clear the debris there will be "For Sale" signs on every 3rd lot, and as those signs come down, others will pop up.

As for commercial, 80% of that will be on the market before the embers cool, as "builders/developers" and "real estate investors" tend to be different groups of folks.

After over two years, large sections of Estero Island/Fort Myers Beach still have vacant lots all over the place.

Also, this is when the local governments move all sorts of projects they crave that were too $/hard through eminent domain from the "dream" to "doable" category.

Throw in California's exponentially stricter building regulations and policies combined with a restrictive permitting system and higher costs plus all the dreams the bureaucrats have about increasing population density and creating "walkable", "15 minute" cities, and we can see trouble brewing on the horizon.

Since California does not have the kind of State and County-level governments nor the type of courts that are willing or capable of enforcing laws or even cost discipline to put the kibosh on the "good idea fairy" the reconstruction risks becoming an absolute and total shit-show.

The only winners in things like this are the lawyers.

 

[odanny]

Landscape is dominated by Chaparral, which is basically shrubs and bushes under 8 feet tall, and is shaped by fire, something that nature has designed to regrow from fires, but infrequent fires, not what has been happening the last 30-40 years. The Santa Ana winds insures these events happen throughout the region.

The problem is human's have gone and built homes there amongst the dry brush in these windy mountains. Maybe we allow nature to rergrow and get a clue about where to build your home.

 

[AzogtheDefiler]

The winners will be those that do not rebuild in an area that is known for fires.

 

[martybegan]

Landscape is dominated by Chaparral, which is basically shrubs and bushes under 8 feet tall, and is shaped by fire, something that nature has designed to regrow from fires, but infrequent fires, not what has been happening the last 30 years. The Santa Ana winds insures these events happen throughout the region.

The problems are human's have gone and built homes there. Maybe we allow nature to regrow and get a clue about where to build your home.

The other issue is for decades all fires were fought the second they started, preventing the cycle of burn offs and increasing the deadfall in the chapparal.

So now the fires burn hotter, and spread easier than they would before

 

[odanny]

The other issue is for decades all fires were fought the second they started, preventing the cycle of burn offs and increasing the deadfall in the chapparal.

So now the fires burn hotter, and spread easier than they would before

Another problem was the three years of unusually heavy rain built up this area with lots of growth preceding these fires which are now striking bone dry conditions, giving the fires more fuel. Seems they are screwed whether it is wet or dry. Fire was always natures way of maintaining balance.

Hurricanes and fires are forcing people to actually think about where to build, and insurance companies are dictating where they can no longer afford to build.

 

[odanny]

This doesn't help either.

 

[whitehall]

Winners resulting from the L.A. inferno? It's an insulting post on a lot of levels.

 

[luiza]

Another Deep State False Flag to make a Land Grab .
Buy up land for "nothing" and then push the Sheeple into the 15 minute cities .

They adopted Forest Fires as a Weaponising strategy 50 years ago. And they told you all about it and marked LA specifically as one of the key target areas .

Come on Deniers and the rest of the Sheeple Herd , check it out before making yourself look stupid .

BTW, the beach properties will be worth fortunes .
Same formula they used in Florida and Gaza .

 

[Natural Citizen]

Previously....

At its meeting yesterday, the Los Angeles City Council voted unanimously to adopt a motion to help implement the Livable Communities Initiative (LCI), a proposal which was outlined in Program 131 in L.A.'s recently-certified housing element. The concept, detailed in a late November news release, aims to solve L.A.'s housing, traffic, safety, and climate woes by enabling the development of new mixed-use buildings on key commercial corridors, placing new housing near job centers and transit lines.

Los Angeles City Council moves forward with Livable Communities Initiative

In the automobile-dominated United States, the concept of the walkable "15-minute city" may seem like an inherently foreign concept. But it could be coming soon to a Los Angeles neighborhood near you.

la.urbanize.city

''Implementing the plan doesn't come without obstacles: among other things, it will require rezoning certain areas, dealing with legal challenges and red tape, and dropping the requirement to build parking, in addition to political and industry buy-in. But the initiative has momentum. It's now officially part of L.A.’s housing element in the new general plan, which is updated every eight years.''

The '15-Minute City': A Strategy To Reduce The Traffic, Pollution And High Housing Costs In LA

Imagine being able to get everything you need within 15 minutes of your reasonably-priced apartment — without having to set foot in your car. Doesn’t sound like L.A., right? But it could be.

laist.com

Those were just the first couple of search results and shared solely for sake of relevance.

You don't really think the tech monopolists are ''suddenly coming around,'' do you?

Pft. Get real...

 

[Oddball]

Do you think investors are going to throw money at a place that just burned down from decades of mismanagement, unavailable insurance, years of red tape, and building requirements that are going to make nuclear safety officers jealous?

I think, despite the above, it'll be a feeding frenzy for institutional investors (think Blackrock) and the very wealthy.

From a FL poster:

It is unlikely that it will be rebuilt in anything resembling "the way it was".

Based on our experience here in Florida, as soon as they clear the debris there will be "For Sale" signs on every 3rd lot, and as those signs come down, others will pop up.

As for commercial, 80% of that will be on the market before the embers cool, as "builders/developers" and "real estate investors" tend to be different groups of folks.

After over two years, large sections of Estero Island/Fort Myers Beach still have vacant lots all over the place.

Also, this is when the local governments move all sorts of projects they crave that were too $/hard through eminent domain from the "dream" to "doable" category.

Throw in California's exponentially stricter building regulations and policies combined with a restrictive permitting system and higher costs plus all the dreams the bureaucrats have about increasing population density and creating "walkable", "15 minute" cities, and we can see trouble brewing on the horizon.

Since California does not have the kind of State and County-level governments nor the type of courts that are willing or capable of enforcing laws or even cost discipline to put the kibosh on the "good idea fairy" the reconstruction risks becoming an absolute and total shit-show.

Blackrock and Vanguard.

They'll come in and scoop up the land that nobody can any longer afford to build upon.

Is it too late to get back King George and the Dutch East India Company?

 

[marvin martian]

Do you think investors are going to throw money at a place that just burned down from decades of mismanagement, unavailable insurance, years of red tape, and building requirements that are going to make nuclear safety officers jealous?

I think, despite the above, it'll be a feeding frenzy for institutional investors (think Blackrock) and the very wealthy.

From a FL poster:

It is unlikely that it will be rebuilt in anything resembling "the way it was".

Based on our experience here in Florida, as soon as they clear the debris there will be "For Sale" signs on every 3rd lot, and as those signs come down, others will pop up.

As for commercial, 80% of that will be on the market before the embers cool, as "builders/developers" and "real estate investors" tend to be different groups of folks.

After over two years, large sections of Estero Island/Fort Myers Beach still have vacant lots all over the place.

Also, this is when the local governments move all sorts of projects they crave that were too $/hard through eminent domain from the "dream" to "doable" category.

Throw in California's exponentially stricter building regulations and policies combined with a restrictive permitting system and higher costs plus all the dreams the bureaucrats have about increasing population density and creating "walkable", "15 minute" cities, and we can see trouble brewing on the horizon.

Since California does not have the kind of State and County-level governments nor the type of courts that are willing or capable of enforcing laws or even cost discipline to put the kibosh on the "good idea fairy" the reconstruction risks becoming an absolute and total shit-show.

A massive open air tent city/drug market for the homeless would be great!

 

[1srelluc]

Winners resulting from the L.A. inferno? It's an insulting post on a lot of levels.

You need to unburden yourself from what has been....It's a new ballgame now.

 

[marvin martian]

This doesn't help either.

It's ok, his name is Climate Change.

This is your punishment for not getting Kamala elected.