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Real Estate Developers Are Buying Altadena’s Burned Lots As Residents Face Harsh Financial Realities Of Rebuilding

Summary by News One
Source: Juliana Yamada / Getty After the Eaton wildfires slowly started to burn out and the debris removal process began its earliest stages, many Altadena residents were grappling with the long and arduous process of rebuilding their homes. Initially, the prospect of starting fresh was the positivity they sought after so much devastation, but then the financial reality set in, and real estate developers took advantage. Long gone are the “Altade…

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News One broke the news in on Tuesday, June 17, 2025.
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