New York Post
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LA fires could cause over $50B in damages — making them the most expensive in California history
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January 9, 2025
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2:26Now PlayingThe devastating fires ripping across Los Angeles could cause more than $50 billion in damages – making them the most costly in state history, according to a report.
Five wildfires are currently tearing through Santa Monica, Malibu and other areas in Los Angeles County that are home to some of the country’s priciest real estate – with the median home value above $2 million, according to an AccuWeather report.
The total damage of the wildfires – which are spreading through the Pacific Palisades at uncontrollable rates due to high windstorms – will likely cost between $52 billion and $57 billion, according to an AccuWeather estimate.
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#california #wildfires #damage
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