The trail of damage caused by the fires could cost the local economy up to $9 billion over five years, depending on the speed of recovery, with potential job losses and reduced tax revenue. Recovery is estimated to take four to ten years,

Ramin Yazid, who is rebuilding his home destroyed in 2022, knows the problems and pitfalls that victims in Altadena and Pacific Palisades can expect.

A new study commissioned by the Southern California Leadership Council found that the county would lose $4.6 billion to $8.9 billion in economic output over the next five years from the Palisades and Eaton fires.