With major wildfires still raging across Los Angeles County, 10,000 properties destroyed, 10 people dead and projections both numbers will rise, enterprising investors and brokers are trolling the market for deals, posts on Reddit and X claim.
The schemes seem to be a classic case of disaster capitalism, or a way to profiteer off natural or man-made disasters. Brokers swoop in, offering cents on the dollar for charred land.
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