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Market Impact: 0.15

Malibu’s Burned Homes Now Face El Niño’s Damaging Waves

Source: Bloomberg

Natural Disasters & WeatherHousing & Real Estate

Wildfires, damaging waves and beach erosion are highlighting disaster risks for Malibu residents and testing the appeal of high-priced coastal living. The article provides no quantified property losses, price changes or broader market impact.

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