Selling Dirt in the Palisades: Many Don’t Want to Move Back

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Celebrity realtor Josh Altman says half the people who lost homes in the Palisades won’t move back. Many are heavily uninsured and can’t afford to move back. They can’t recreate their dream house, and many are older. That is a tragedy. Many of these people worked hard all their lives for their home – the American Dream.

Others don’t want to spend years while their children aren’t going to the school their taxes funded.

Altman is making the comments based on calls he is getting.

The people will move to towns near the Palisades. They won’t spend the time waiting for permission to rebuild, waiting for everyone to build. People are calling, trying to sell their dirt.

Many have evacuated in the past, and they won’t do it again.

Most are leaving the state or are going to Newport Beach.

One must wonder what California will do with the land. They have dreams of hi-rises for third world illegal migrants and this could be an opportunity.

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Tim Kuehl
4 months ago

I don’t know nor care about the displaced Californians nor where they’ll go. LA votes overwhelming Democrat so stay the H out of my red state. I already know what you’ll try to do here and, no, you can’t do what you voted to do to California right this time. You’ll just screw us up like you did several other western states.

kat
4 months ago

SB 1128, passed last Sept in Sacramento, also changed the zoning on all these single family areas to include multi-fmaily construction. Just in time to rebuild LA as an international C40 City to show off at the LA Olympics.

Zigmont
4 months ago

I saw on the news if they still have a loan on the burnt down home, they have to continue payments, and of course property taxes !

kat
4 months ago
Reply to  M Dowling

Developers of multi-family structures.