Displaced students from Marquez Elementary School, destroyed in the Pacific Palisades fire, arrive at Nora Sterry Elementary School to resume class in Los Angeles on January 15, 2025. Chris Delmas/AFP via Getty Images
With the loss of so many homes in the Los Angeles area, there will be a huge demand for replacement housing, which is anticipated to drive up the cost of homes and rentals. The losses were caused by wildfires, so the cost of homeowners insurance is also predicted to increase, impacting everyone in California.
John Moorlach
Author
John Moorlach is the director of the California Policy Center's Center for Public Accountability. He has served as a California State Senator and Orange County Supervisor and Treasurer-Tax Collector. In 1994, he predicted the County's bankruptcy and participated in restoring and reforming the sixth most populated county in the nation.
