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International Business Times
International Business Times
Business

In Fire-ravaged Los Angeles, A Long Road Of Rebuilding

Los Angeles Donald Trump California Joe Biden Paradise
An aerial image shows homes damaged and destroyed by the Palisades Fire in the Pacific Palisades neighborhood of Los Angeles, California, on January 29, 2025. (Credit: AFP)

After the loss of more than 10,000 homes in last month's Los Angeles fires, the region faces a daunting challenge to rebuild with a tight labor market, constrained construction supplies and strict regulations.

"It's going to be a very difficult rebuild process ... and it's going to take a long time," said Jim Tobin, CEO of the National Association of Home Builders. "Fire is very unique: we're talking about total loss."

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