Now Comes the California Fire Sale: China-Based Company Is Buying Up Land Incinerated by Firestorms
25th August 2025
When the feared firestorm hit Pacific Palisades, Malibu, and Altadena in Southern California last January, the Los Angeles mayor was MIA, the “public safety” guy in charge—the vice mayor—was on home confinement for making an anti-Israel bomb threat on city hall, fire fighters were not pre-deployed, there was no water in the reservoir, and fire hydrants went dry in the Palisades.
Soon came vows by L.A. Mayor Karen Bass and elected officials in Malibu, Altadena, and the Palisades to streamline the rebuilding and permitting, which turned out to be a joke. Now, amid bad leadership, virtue signaling masquerading as help, incinerated FireAid money, and promises in name only, comes the fire sale.
In early August came word from an exclusive story in Realtor.com that foreign investors were buying up prime lots in the burned-out area of an iconic Malibu beach.
They will be disappointed when the city comes by and expropriates it to build ‘affordable housing’.
On the other hand, Democrats can always be bought, so maybe they know something we don’t.