The Cost To Rebuild a Home: Why L.A. Contractors Warn 'Equity Is Gone' and New Construction Will Be Expensive
Briefly

Los Angeles has suffered immense damage due to recent wildfires, affecting 63 square miles and displacing thousands. Homeowners now face a crucial decision on whether to rebuild or relocate. Experts, like Joe Liebowitz of Liebo Builders, indicate that this choice varies based on personal situations, with many willing to endure lengthy rebuilding processes. However, uncertainty looms over costs and timelines, as noted by Marisela Arechiga from New Generation Improvements, emphasizing the unpredictable nature of post-disaster reconstruction efforts.
It really depends on their situation. There's some people who have the flexibility to move elsewhere. Others are saying it's important to them to rebuild.
Many are wondering what will happen to L.A. and the people who live there, after the flames are extinguished. Already, there's been incredible property damage.
In any typical construction project, the two most common questions I get from clients are 'How much' and 'How long?' But rebuilding after the recent fires, there are a lot of unknowns.
Those who choose to stay and rebuild likely have a long, difficult, and expensive road ahead of them.
Read at SFGATE
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