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Reply to "Palisades Fire - Los Angeles"
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[quote=Anonymous]Does anyone know anyone who is struggling to find interim housing? The rental market was in a crisis before the fire, and it was more lucrative to rent out a place as short term air bnb. The places that used to rent for more than $5k a month have gone up in price. I see complaints about rent going up, but the rent is always going to go up or down with the market demand. On the other hand, if you can afford $5k a month or more in rent, then you are doing well. The city has other more pressing issues than trying to house the super wealthy. $5000 a month is $60k a year. With that amount of money you can afford to purchase a park home and place it on your property. Assuming you owned enough of your burned out house to be able to still have a legal claim to it [/quote]
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