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Fortune

Alena Botros

Top real estate CEO says California faces a ‘triple threat’ no one has seen before

Glenn Kelman California Redfin

(Credit: Chris Goodney/Bloomberg via Getty Images)

Before the fires, California was grappling with soaring home prices and rents, interest rates that were higher than what some are used to, and insurers that were pulling back. It could get worse before it gets any better.

In the days that followed the devastating L.A. wildfires, California Gov. Gavin Newsom and Los Angeles Mayor Karen Bass vowed to cut the metaphorical red tape to rebuild. The question is how far they will go.

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El Salvador’s Bukele says bodies found in Haiti are not those of missing Salvadorans

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