Mark my words: none of this will ever be rebuilt as single-family housing. Some big Hedge FUND will buy up the entire area, turn it into multifamily buildings, and high-rises, and rent it out.

As they’ve been saying all along: 'We won’t own anything, and we’ll be happy.' No more American dream of homeownership, just RENT, RENT, RENT.
#PalisadesFire #BlackRock