Loading...
Market
Will 15,000+ structures be destroyed by LA wildfires by Feb 28, 2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Reports from local government and fire departments
Story
Los Angeles Wildfires Could Cost $135-$150 Billion, Claim 16 Lives
Jan 12, 2025, 04:45 AM
The wildfires that have erupted across Los Angeles County are projected to be among the costliest natural disasters in U.S. history. The devastating blazes have resulted in at least 16 fatalities and have destroyed more than 12,000 structures since they began. Early estimates from AccuWeather suggest that the damage and economic losses could range between $135 billion and $150 billion. These fires, fueled by hurricane-force Santa Ana winds and extreme drought conditions, have ravaged densely populated areas with high-value real estate, including Pacific Palisades and Malibu. The scale and intensity of the fires, combined with their geographic impact, indicate a significant economic toll, with potential losses reaching nearly 4% of California's annual GDP.
View original story
Similar markets
Less than 10,000 • 25%
More than 20,000 • 25%
15,001 to 20,000 • 25%
10,000 to 15,000 • 25%
20,001 to 25,000 • 25%
Less than 15,000 • 25%
15,000 to 20,000 • 25%
More than 25,000 • 25%
15,000 to 20,000 • 25%
Less than 15,000 • 25%
More than 25,000 • 25%
20,001 to 25,000 • 25%
13,001 to 14,000 • 25%
Less than 12,500 • 25%
More than 14,000 • 25%
12,500 to 13,000 • 25%
Less than 10,000 • 25%
More than 20,000 • 25%
15,001 to 20,000 • 25%
10,000 to 15,000 • 25%
10,000-15,000 • 25%
More than 25,000 • 25%
20,001-25,000 • 25%
15,001-20,000 • 25%
2,000 to 2,500 • 25%
More than 2,500 • 25%
1,500 to 2,000 • 25%
Less than 1,500 • 25%
1,501 to 2,000 • 25%
More than 2,500 • 25%
1,000 to 1,500 • 25%
2,001 to 2,500 • 25%
2,001 to 2,500 • 25%
1,500 to 2,000 • 25%
Less than 1,500 • 25%
More than 2,500 • 25%
100 to 500 • 25%
501 to 1000 • 25%
More than 1000 • 25%
Less than 100 • 25%