The Orange County Register reports an astronomical figure of $142 Billion in Southern California homes that are at “elevated risk” of enduring wildfire damage.
The Silverado and Blue Ridge fires are rapidly encroaching. The Blue Ridge Fire (Yorba Linda), specifically, is at about 10,000+ acres strong and 0% contained according to a Tweet from SoCal Air Operations this morning.
With mandatory evacuations already communicated to residents, 282,000 housing properties stand in the way of potential danger.
“Wildfire will continue to threaten homeownership and endanger people’s physical and financial livelihoods,” the report concludes. “Understanding this risk is critical to reducing it. As neighborhoods push further into wildland areas, the ways in which humans build towards beautiful but deadly undeveloped, wildfire-prone land only amplifies the climatological and terrain-related risk factors that already exist.”OC Register
Los Angeles and Orange County has 154,000 single-family homes, summating to be around $90.3 Billion in replacement cost, that are at elevated-risk. Of note, the totals lead the country’s metro areas.
In addition, the two counties have 1,028 multifamily homes worth $770 Million that are at high risk of taking damage.
Alike, Riverside and San Bernardino Counties, who deal with major wildfires on a yearly basis, has 127,000 single-family residences worth $50.6 billion at elevated risk; The Inland Empire has 946 multifamily residences that are worth $540 Million in the path of the blaze.
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