Real estate mogul details how Los Angeles can rebuild after wildfires, California leaders must 'step up'

Photo of author

By admin


While many Californians have been outspoken in their disapproval of California state leadership's response to the tragic and overwhelming wildfires, the agency's Mauricio Umansky believes they can “step up” and help rebuild the Golden State.

“I'm predicting that the damage is going to be north of $100 billion. And we're just going to need help from everybody,” Umansky said. In “Varney & Co.” Friday

“You are unlikely to return home for a short period of time,” he continued. “We need to clean up the water. We need to get the power back on, the power back on. The government needs to step up and make permitting easier. Create a task force to really get into all of this stuff and help rebuild.”

There are the Palisades Fire, the Eaton Fire, the Kenneth Fire, the Hearst Fire, and the Lydia Fire More than 27,000 acres burned and 10,000 homes and buildings in the Los Angeles area, officials say. The Eaton fire claimed seven lives and three other deaths related to the blaze were confirmed by the Los Angeles County coroner, Fox News reported.

California wildfires: Essential phone numbers for Los Angeles-area residents and how you can help

A new analysis released by JPMorgan estimates that the overall economic losses and insured losses from the deadly wildfires affecting Southern California could be the costliest in the state's history. up to $50 billion.

Mauricio Umansky rebuilds after the fire

Agency founder and CEO Mauricio Umansky called on California leaders to “step in” and help residents amid the wildfires raging in the Los Angeles-area. (Getty Images)

Umansky's real estate brokerage holds more than 50,800 listings in the greater Los Angeles area, according to its website.

“It's going to be a process. A lot of questions are going to be asked right now, I think there are a few answers. Obviously, we've got to contain the fire, and we've got to get people home. , and we've got to take care of all of our residents who have lost their homes. and displaced,” the CEO said.

Homeowners “need” state and city leaders to contribute to disaster rescue, relief and recovery efforts, Umansky argued, but ultimately expressed doubts about their ability: “I don't think they're going to do it.”

Get Fox Business on the go by clicking here

“They've proven time and time again that they don't have the means to do it, the brains to do it, they just Focus on the wrong things. We are one of the largest economies in the world. We are the highest tax paying economy in the country. And we're not doing the right things,” he criticized.

“But the optimism in me is hoping and praying for these communities to rebuild, that we're a very important part, that we do the right thing and figure out how we can do it,” Umansky elaborated, “that they get a task force. , so that they get advisors around them who know what they're doing and who listen and who actually act.”

Read more from Fox Business

Fox Business' Eric Revell and Fox News staff contributed to this report.



Source link

Leave a Comment