Celebrity Realtor Josh Altman Expects Most Pacific Palisades Residents Won’t Return After Fires

The real estate expert highlights underinsurance and high rebuilding costs as major factors in residents’ decisions on whether to leave the fire-ravaged area.
Celebrity Realtor Josh Altman Expects Most Pacific Palisades Residents Won’t Return After Fires
Josh Altman of "Million Dollar Listing" hosts a showing in Los Angeles on July 19, 2017. Randy Shropshire/Getty Images for FMB Development
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Real estate agent and TV personality Josh Altman has shared a stark projection about the future of the Pacific Palisades following the devastating wildfires that began on Jan. 7.

During an interview with Fox News, the “Million Dollar Listing Los Angeles” star estimated that a majority of residents may not return to the area, citing underinsurance and the challenges of rebuilding as key factors.
Haika Mrema
Haika Mrema
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Haika Mrema is a freelance entertainment reporter for The Epoch Times. She is an experienced writer and has covered entertainment and higher-education content for platforms such as Campus Reform and Media Research Center. She holds a B.B.A. from Baylor University where she majored in marketing.