With each passing day, the number of structures destroyed by the Camp Fire rises. The fire is easily the most destructive in California's history, unleashing a housing crisis of untold proportions. In the short-term, rents could spike, while over the longer term high costs could make any efforts to rebuild the devastated town of Paradise a pricy endeavor. Cal Fire estimates show that at least 17,148 buildings have been swallowed by the Camp Fire’s flames. That’s nearly 4,000 more than the rest of the 5 most destractive California fires combined. There are tens of thousands of climate refugees living in temporary arrangements ranging from families’ and friends’ spare rooms and couches to hotels to shelters to tent cities in a Wal-Mart parking lot in Chico, located about 15 miles from the areas hardest hit by the Camp Fire. Rains are on the way this week, which could send people in search of more firm shelter. There is nothing ...
Real Estate in California