Wildfires in the Los Angeles area have caused at least $135-$150 billion in damages and destroyed around 10,000 structures.

Rebuilding could take 5-10 years, with around one third of property owners selling and leaving, another third rebuilding within 3-5 years, and the remaining third taking up to a decade.

Regulators and builders are urged to prioritize safety precautions and upgrading buildings to withstand future wildfires.

https://fortune.com/2025/01/11/la-wildfires-damages-billions-economic-recovery-decade-estimate/

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