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Agency founder and CEO Mauricio Umansky criticizes state leadership and high costs for property owners, but offers some “optimism” about California’s rebuilding after the devastating wildfires.
While many Californians have been outspoken in their disapproval of California state leadership’s response to the tragic and wild wildfires, the agency’s Mauricio Umansky believes they could “step up” and help rebuild the golden state
“I predict the damage will be in the $100 billion range. And we’re just going to need the help of absolutely everybody,” Umansky said. in “Varney & Co.” friday
“The likelihood of you returning to your home for a short period of time is highly unlikely,” he continued. “We’ve got to go clean up the water. We’ve got to get the electricity back on. The government is going to have to step up and make the permits easier. Create a task force that’s really involved in all of this stuff and help with the reconstruction”.
The Palisades Fire, Eaton Fire, Kenneth Fire, Hurst Fire and Lidia Fire have burned more than 27,000 hectares and 10,000 homes and buildings in the Los Angeles area, officials say. The Eaton fire has claimed seven lives and the Los Angeles County Coroner has confirmed three other fire-related deaths, Fox News reported.
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A new analysis released by JPMorgan estimates that the overall economic losses and insured losses from the deadly wildfires affecting Southern California are likely to be the costliest in the state’s history. up to $50 billion.
Agency founder and CEO Mauricio Umansky is telling California leaders to “step up” and help residents amid deadly wildfires in the Los Angeles area. (Getty Images)
According to its website, Umansky’s real estate brokerage has more than 50,800 listings in the greater Los Angeles area.
“This is going to have to be a process. There are going to be a lot of questions right now, I think there are a few answers. Obviously, we’ve got to get the fire under control and we’ve got to get people into the houses. , and we’ve got to take care of all our residents who have lost their homes and been displaced,” said the CEO.
Romer Debbas managing partner Pierre Debbas says the economic fallout from California’s wildfires will continue to be an “unfortunate story.”
Homeowners “need” state and city leaders to contribute to rescue, relief and disaster recovery efforts, Umansky argued, but ultimately expressed doubts about their abilities: “I don’t think they will.”
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Actor Antonio Sabato Jr. blames Democratic leadership as historic wildfires ravage Los Angeles on “The Evening Edit.”
“They’ve proven time and time again that they don’t have the means to do it, the brains to do it, they just don’t focus on the wrong things. We are one of the largest economies in the world. We are the economic state with the highest taxes in the country. And we are simply not doing things well,” he criticized.
“But the optimism in me is to hope and pray for the rebuilding of these communities, that we are a very important part of it, that we do the right thing and that we figure out how to do it,” Umansky expanded, “that they get a group of work, to have advisors around them who know what they are doing, who listen and who actually act.”
Eric Revell of FOX Business and the Fox News staff contributed to this report.
