Essex Property Trust (ESS) could benefit as demand for rental housing in LA surges. One realtor calls it a “Wild West” as thousands of displaced homeowners seek homes. On X, listings show steep rents, like a nearly 4,000-square-foot home in LA asking close to $30,000/month.

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TKL: This is devastating – The Los Angeles wildfires have now burned ~38,000 acres of land, or ~2.5 TIMES the size of Manhattan, NY. Estimated damages now exceed $150 BILLION in the costliest wildfire in US history. This fire will impact the US economy for decades.

https://preview.redd.it/iubc6nm5kice1.png?width=900&format=png&auto=webp&s=41d024ad5b836a689315381ec8813f34a8760815 Just over 24 hours ago, the WSJ said that damages would exceed $50 billion from these fires. Now, AccuWeather

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