A recent community meeting in Pacific Palisades, California, saw Assemblymember Jacqui Irwin cautioning residents against falling prey to predatory buyers amidst the aftermath of the devastating wildfires. Irwin emphasized the importance of not accepting lowball offers on their properties, urging residents not to sell for less than what they rightfully deserve.
Irwin reassured the community that there are ample resources available to support them during this challenging time. She highlighted that reputable insurance companies have been offering generous additional subsidies to aid in the rebuilding process, encouraging residents to take advantage of these benefits.
The warning comes in light of numerous reports of price gouging and other exploitative practices targeting wildfire victims in Los Angeles County. To address these concerns, Governor Gavin Newsom took action by signing an executive order extending the ban on price gouging for various accommodations, including hotels, motels, and rental housing.
Irwin's message to the Pacific Palisades residents underscores the importance of standing firm in the face of adversity and not succumbing to unfair deals. By staying informed and leveraging available support services, residents can safeguard their interests and contribute to preserving the community's unique character in the rebuilding process.
