LA rental hits $40,000 a month as fires roil housing market

Quick Summary:

Los Angeles already had a housing affordability crisis before devastating wildfires burned entire neighborhoods to the ground.

The disaster is making it worse.

One big difference now, however, is that flooded houses in Gulf Coast areas could be restored more easily than the Los Angeles homes that burned to the ground and need total rebuilding, Lybik said.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: John Gittelsohn & Patrick Clark | Bloomberg

Category: BusinessStartups

Markets: Philippines

Topics: Housing Fires Angeles Estate Michael Homes It’s California Market Percent Price

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-15 @ 11:02:45 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 1138 words

Reading Time: 7 minutes read

Sentences: 43 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 25174493

View Article Analysis

About Business Mirror

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 93 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 11 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

Publisher Details

Frequently Asked Questions