Natural Disasters and Economic Impact

This chapter explores the fallout of recent natural disasters on California's housing market, focusing on how wildfires disrupt rental prices and real estate values. It delves into the increasing demand for housing in alternative areas as displaced residents from affluent communities drive up costs, while also discussing macroeconomic implications like inflation. Additionally, there’s an examination of foreign investments in U.S. technology and infrastructure, as Middle Eastern funds seek diversification away from oil reliance.