Are the Wildfires Reverse Gentrification?

Posted by Aeronca 3 months, 1 week ago to Economics
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Whether the fires were set on purpose or not, What is a possible result? The wealthy people living there have to leave and how long to rebuild? Who will rebuild in a pile of ashes? Do they want to go back there?

I wonder if the government clears the land, and rebuilds...affordable housing...for the migrants? Maybe giant apartment buildings, pack the people in? Any Twosome Newsome wants the tax money replaced ASAP.

Anyhow, the real-estate angle is in play here. I placed this pondering opinion under Economics.

All Comments

  • Posted by term2 3 months ago
    Wildfires are reality just reasserting itself against WOKE crap. Nothing will stop statism as effectively as confronting unyielding reality.
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  • Posted by $ Snezzy 3 months, 1 week ago in reply to this comment.
    Here are some Khrushchev-era apartment buildings: https://en.wikipedia.org/wiki/Khrushc...

    В Советском Союзе, oops, I mean: In the Soviet Union--you are guaranteed 9 square meters of space for your home. That's a ten-by-ten foot room, except you actually share space with five other people, so your combined space is maybe 10 by 20 feet. That's maybe 20 sq meters. It's not a problem, though, because everybody knows that Russians are good at mathematics. "Four legs good, two legs better." (Orwell, 'Animal Farm'.)
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  • Posted by CTYankee44 3 months, 1 week ago
    Looking for investment partners of mt "Phoenix REIT".

    The plan is to make low-ball offers on EVERY fire damaged property and then simply wait until the debris settles before redeveloping.

    We'll pay CASH on clear titles for land, allowing the owners to walk away clean.

    High-net-worth & accredited investors only.
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  • Posted by $ splumb 3 months, 1 week ago
    Soviet block apartments.
    15 minutes cities.
    You know, the typical communist/globalist guff.
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  • Posted by $ Abaco 3 months, 1 week ago
    Yeah...it's interesting, huh? We've known for sometime, about a decade, that a lot of California's "wildfire" problem was arson. News media didn't really cover it very much. But...I also wondered about this. What's the goal? So far I just chalk it up to a combination of "look at the global warming!!!" and the Marxist's general appreciation of pain and suffering.
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  • Posted by mccannon01 3 months, 1 week ago in reply to this comment.
    Hey, at least the photo op rams home the DEI imperative espoused by the Marxist Democrat party of California. Newscum is the only white guy (grudgingly, I'm sure) out of the 11 shown.
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  • Posted by mccannon01 3 months, 1 week ago
    "I wonder if the government clears the land, and rebuilds...affordable housing...for the migrants? Maybe giant apartment buildings..." I've had the same thoughts. We'll see...
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