This LA fire is going to destroy hundreds of black families generational wealth.

[Amerikan Melanin]

Just keeping up with this story and that town Altadena was the area that black people that worked in Pasadena could live in and buy homes.



They had been up there since the 50’s.

Generational wealth is gone. This is hundreds of black families.

This should be a time for the black community to come together and help out. Black LA billionaire and millionaires and regular working class gotta get on code. These families will most likely lose their land and won’t be paid thru insurance.

This is a tipping point for black LA imo. A

Wouldn’t be surprised if this turns out to be terrorism.

 

[Blessings]

subs for later

 

[KillerPups]

So if your house burn down don't you get market value assuming you have insurance?

 

[Amerikan Melanin]

So if your house burn down don't you get market value assuming you have insurance?

A lot of insurance companies pulled their fire insurance out of LA.

Also costs to rebuild are going to be astronomical. Expect huge firms to come in and buy all this property and out price the people.

 

[Ol’Otis]

This is a tipping point for black LA imo. A

The tipping point was in ‘92

 

[DetroitEWarren]

I wouldn't be surprised if someone was setting these fires under Republican directions but who am I to talk.

 

[Ol’Otis]

And both the Dena’s are majority white and Hispanic

 

[Braman]

But …but …eat the rich….Luigi….i thought we should root for destruction when it happens to ‘rich people’

 

[DetroitEWarren]

But …but …eat the rich….Luigi….i thought we should root for destruction when it happens to ‘rich people’

Actors, actresses, musicians are not a part of that class. Most of them had to work hard and are underpaid based off what their work is pulling in.

Learn how to determine the enemies better breh. It ain't them folks. Hollywood has unions for a reason.

 

[FINALE]

A lot of insurance companies pulled their fire insurance out of LA.

Would've been the time to pull your life out of LA. Like living on the coast and not being able to get flood insurance man foh

 

[Majestyx]

But …but …eat the rich….Luigi….i thought we should root for destruction when it happens to ‘rich people’

most of the people in altadena and pasadena were not rich folks. i know school teachers that lived out there that homes got burned down.

 

[Uachet]

And both the Dena’s are majority white and Hispanic

Just looked up the demographics myself, and you are right about Altadena.

Altadena, CA | Data USA

In 2022, Altadena, CA had a population of 42.7k people with a median age of 43.8 and a median household income of $123,869. Between 2021 and 2022 the population of Altadena, CA declined from 43,384 to 42,719, a −1.53% decrease and its median household income grew from $109,743 to $123,869, a...

datausa.io

Don't know what the other Dena is you are referring to, so did not look that one up.

 

[⠀⠀⠀]

a lot of people inherited their generational homes. insurance companies fukked everyone by removing fire insurance



Also, bidding wars have already skyrocketed this week for homes and rentals by the rich. driving home prices even higher now. Private equity firms gonna make more money now too. Regular folks lose once again

 

[RickyDiBiase]

a lot of people inherited their homes. insurance companies fukked everyone by removing fire insurance

Same thing gonna happen to Florida and anybody in the gulf tbh

 

[newworldafro]

2000 Altadena, CA Poulation
- 39% white
- 30% black
- 20% Hispanic

Altadena, California - Wikipedia

en.m.wikipedia.org