Years of careful attention and consistent income were lost last week when the Palisades fire burned down their property, a building that represented decades of hard work.
I was so scared of losing those memories, Ms. Lavasani, 57, said. All memories gone. The loss of photo albums containing irreplaceable family memories weighs heavily on her.
Researchers think of the financial costs of evacuating a disaster in three buckets: preparation before disaster, immediate needs during displacement, and long-term recovery costs.
The Palisades fire is among the most destructive in California history, displacing nearly 200,000 people and forcing many to weigh their safety against potential financial losses.
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