Displaced when housing is already strained
Update: 2025-01-11
Description
As many as 10,000 buildings have burned in the Los Angeles wildfires, officials say, and nearly 180,000 people have been ordered to evacuate. Angelenos who want nearby housing in the short or long term will be faced with one of the lowest multifamily vacancy rates in the country. Also in this episode: Airlines are optimistic as business travel ticks up, and 5.5 million Americans would like a job but aren’t actively searching for one. We’ll explain why.
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Climate change. It didn:'t help setting 3 fires to spontaneously grow and take advantage of the Santa Ana winds to bring the housing lots back on the market, and then hint that multiple family housing should replace all of those private homes.Forcing sell-off of obviously damaged property to those that can profit buy rebuilding, and maybe Miami highrise style that corporations own, and not the cozy wannabes that just think of themselves. How dare they. Think huge glass towers. Miami 2.0