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LA fires will require historic effort to rebuild homes, experts say

Experts say destruction likely to worsen Southern California's housing crisis
Multiple wildfires fueled by intense winds have destroyed thousands of houses and buildings, including this house in the Pacific Palisades community of Los Angeles. (Getty Images/Jay L. Clendenin)
Multiple wildfires fueled by intense winds have destroyed thousands of houses and buildings, including this house in the Pacific Palisades community of Los Angeles. (Getty Images/Jay L. Clendenin)

The loss of houses and apartments in the most destructive fires in Los Angeles history will require historic action by government and the private sector to keep Southern California's critical housing shortage from getting worse, real estate developers and brokers said.

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