This is John Batchel, a conversation with colleague Jeff Bliss about the rebuild of the Pacific

Palisades destroyed in the wildfire. The likelihood of it being rebuilt is very, very, very thin.

Why? Well, cost of estimate now in order to put in the infrastructure to put a house in where it was on the beach,

three to five million to start the infrastructure.

Then the house on top of that.

In addition, the whole neighborhood now has to deal with the California Coastal Commission,

with new codes, building codes.

Many of those houses were built in the 40s, 50s, and 60s.

Grand, but no compliance with the codes of today.

The expectation of this neighborhood being built or rebuilt in some fashion is,

well, there's no estimate at how long it will take if it happens at all.

Here's Jeff to describe. These are the well-to-do people who were burned out.

Even more challenging for those who were modestly income. I mean, these are all well-to-do people,

but there is rich and then there is rich.

There's Jeff on the Pacific Palisades, the burned out ashes of the wildfire facing the

Pacific, much more tonight. Well, you're talking at least probably three to five million is the

typical estimate. Now, some houses are much more, but there are whole other sets of numbers to contend with,

whether they have to deal with new sewage systems to put in.

Of course, all the new infrastructure will have to put in, and then dealing with the changes

in the seashore over the years.

You know, we won't even get into things like global warming and sea rise,

but just normal erosion has changed the coastline since many of those buildings went in.

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