Dan Fleyshman

And now they're going to be inundated at the permitting departments to try to approve these places. They don't have the manpower for it, which is very scary to think about.

If they don't rebuild it within two years and they were normally paying, let's call it 20, 30, 40, 50 K a year in property tax, they now have to do it based on the new valuation of let's call it 5 million, 6 million, 7 million, 8 million, 9 million, et cetera. By the way, when I say these numbers, you can adjust it based on the scenario.

If they don't rebuild it within two years and they were normally paying, let's call it 20, 30, 40, 50 K a year in property tax, they now have to do it based on the new valuation of let's call it 5 million, 6 million, 7 million, 8 million, 9 million, et cetera. By the way, when I say these numbers, you can adjust it based on the scenario.

their new property tax could be a quarter of a million dollars for the year. That is unaffordable, even if you think that they're rich. That is unaffordable and not realistic. And so they will likely not rebuild there. Well, if they don't rebuild there, what happens? Is that just going to be dirt? Is someone else going to buy the lot? Is someone else going to buy the lot and rebuild there?

their new property tax could be a quarter of a million dollars for the year. That is unaffordable, even if you think that they're rich. That is unaffordable and not realistic. And so they will likely not rebuild there. Well, if they don't rebuild there, what happens? Is that just going to be dirt? Is someone else going to buy the lot? Is someone else going to buy the lot and rebuild there?

There's so many factors from the Money Mondays concept to think about. You can hear why I'm stressed out thinking about it and talking about it. This is such a dire situation and people don't realize Los Angeles does not have the resources. And it's not like construction companies can just show up and start building.

There's so many factors from the Money Mondays concept to think about. You can hear why I'm stressed out thinking about it and talking about it. This is such a dire situation and people don't realize Los Angeles does not have the resources. And it's not like construction companies can just show up and start building.

A construction company from Phoenix or Dallas or Las Vegas can just show up and all of a sudden be prepared to go build hundreds of homes or thousands of homes or tens of thousands of homes. It's just not like that. It's not that simple. The ones that are there that are based in L.A., they are going to be inundated, overwhelmed to try to go rebuild entire towns, whole counties, whole regions.

A construction company from Phoenix or Dallas or Las Vegas can just show up and all of a sudden be prepared to go build hundreds of homes or thousands of homes or tens of thousands of homes. It's just not like that. It's not that simple. The ones that are there that are based in L.A., they are going to be inundated, overwhelmed to try to go rebuild entire towns, whole counties, whole regions.

Schools are decimated. Mall. Remember the mall in Pacific Palisades? It doesn't exist anymore. Like, I don't think people realize what it's going to take to rebuild this place. And even if something happens, which hopefully will, that Trump comes in and, you know, they try to have a lot of federal capital come in to help with the rebuilding process and subsidize a lot of the rebuilding.

Schools are decimated. Mall. Remember the mall in Pacific Palisades? It doesn't exist anymore. Like, I don't think people realize what it's going to take to rebuild this place. And even if something happens, which hopefully will, that Trump comes in and, you know, they try to have a lot of federal capital come in to help with the rebuilding process and subsidize a lot of the rebuilding.

unless they fix the permitting process, which I don't think that they will. And I wish that they would, I don't see how they will, where they would basically have to rubber stamp and approve. They could, if they trusted in approved builders, the fast forward way would be if this is a builder that's been building for many, many years and they are approved builder,

unless they fix the permitting process, which I don't think that they will. And I wish that they would, I don't see how they will, where they would basically have to rubber stamp and approve. They could, if they trusted in approved builders, the fast forward way would be if this is a builder that's been building for many, many years and they are approved builder,

if they just gave them a rubber stamp, say, okay, we know that they're really good at building houses or they're really good at building apartments or the mall, for example, and they have a track record, they are rubber stamped to go build because they know that they're going to be within code.

if they just gave them a rubber stamp, say, okay, we know that they're really good at building houses or they're really good at building apartments or the mall, for example, and they have a track record, they are rubber stamped to go build because they know that they're going to be within code.

unlikely that anyone's going to approve that or do that, especially with the current administration in our Los Angeles area. And so I'm very, very, very concerned from a financial perspective of what's going to happen to the city.

unlikely that anyone's going to approve that or do that, especially with the current administration in our Los Angeles area. And so I'm very, very, very concerned from a financial perspective of what's going to happen to the city.

I don't think people realize, you know, there's a lot of these things you see in the media about it's $50 billion in damage or $60 billion damage, and it's going to probably end up being A lot more because the fires are not contained at the time of this episode. So could it go to 100 billion? Sure. We don't really know what that number is because of the rebuilding part. It's hard to grasp.

I don't think people realize, you know, there's a lot of these things you see in the media about it's $50 billion in damage or $60 billion damage, and it's going to probably end up being A lot more because the fires are not contained at the time of this episode. So could it go to 100 billion? Sure. We don't really know what that number is because of the rebuilding part. It's hard to grasp.

The tourism changes a lot. Like who's going to go visit Malibu right now when some of the... iconic restaurants like Moonshadows are gone. Moonshadows that's been there our entire lives is gone. Restaurants are gone. Stores are gone. It's like just so much is gone. And so I am been racking my brain about what is going to happen and who's going to step in.