California's new executive order aims to prevent predatory real estate investors from exploiting victims of the LA wildfires by banning unsolicited and undervalued property offers.
Gov. Newsom emphasized, 'As families mourn, the last thing they need is greedy speculators taking advantage of their pain,' highlighting the urgency of protecting fire victims.
The order will be in effect for three months and includes areas like Malibu and Pacific Palisades, which have been severely impacted by the fires.
This new regulation was influenced by previous actions in Hawaii, showcasing a growing recognition of the need for protective measures during state emergencies.
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