seriously though, for LA kiwis is there a real risk much of LA could be destroyed? what's being destroyed? is it mostly homes? is this covered by insurance?
I could be talking out of my ass, but it's probably in the tens of billions of dollars that are being destroyed right now: let's each house is anywhere from 500k to 3m, you've got several thousand houses, plus all the shit inside, all the businesses, all infrastructure. The insurance companies will probably have to call on
their insurer, because even if not everyone is insured, there is no way they can cover it. While I hope the fires go out entirely soon, realistically it will flare up again in light of the +80mph wind.
Insurance companies already aren't having the greatest time in the US as of recently, and this is certainly going to ass-rape them: it's the californian way.
Also there is no way people can rebuild with whatever they get paid, even if they're paid the full nominal value of the house and shit therein; due to modern building standards and the cost of materials and of labor etc. I can't imagine how expensive it would get to rebuild when
everyone also is and you already live in the most expensive state in the USA.
The peasants who just kinda live with their moms to save up and commute to work (ie: serving fruity frappuccinos to wealthy retards, or bagging groceries) are entirely fucked. Maybe if enough important people's houses turn to ash, the govt. will concede and give them relief to mask gibs to the people who matter™, but that's...
