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Expect California's Housing Crisis to Get Worse After the Wildfires

  • More than 10,000 homes in Los Angeles have been destroyed by wildfires, with over 82,000 people still under evacuation orders as of Friday.
  • The wildfires have resulted in at least 27 deaths, with the Los Angeles County Sheriff’s Department investigating 31 missing persons cases related to the fires.
  • Strong winds are expected to return, potentially sparking new blazes and spreading existing fires, according to meteorologists.
  • California's housing crisis is worsening, with a projected decline in housing production due to rising interest rates, falling to an annualized rate of just around 102,000 permits.
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Bias Distribution

  • 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
34% Center
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Sources are mostly out of (0)