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Billions Lost As LA Still Burns

newtboy says...

Continuing to burn, now in the world famous neighborhoods of Brentwood, Belaire, and they’re evacuating Encino.


Some estimates are now saying $150 billion + (including lost commerce)….and growing.
(Side note- estimates to “rake the forest clean” as fire deterrent like some have suggested are about $1 Trillion per year in California alone and would require every undocumented immigrant in America and then some to do the job, so no deportations.)

Billions Lost As LA Still Burns

newtboy says...

Multiple people have been arrested for starting these and other fires in LA. A man with a propane torch was caught lighting Xmas trees and garbage cans that seem to be the start of the Kenneth fire, a woman was caught starting fires near Palisades on the 8th (her fires were reportedly put out, so maybe not the start of that fire) and there’s footage of what’s claimed to be people starting fires in what looks like down town LA tonight.

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Billions Lost As LA Still Burns

newtboy says...

Pacific Palacades Wiped Off The Map


These were all multi million dollar homes at the least.
Total economic losses are estimated by experts at $60 billion so far, with multiple fires still burning.

Billions Lost As LA Still Burns

newtboy says...

Drone footage of some aftermath.

Last night there were 6 major fires in LA burning well over 20000 acres of the most valuable real estate in America, including ocean front Malibu where minimum home prices are in the tens of millions.

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