FIREGATE COVERUP: LA Altered Fire Reports While Investors Buy 40% of Land episode artwork

EPISODE · Jan 1, 2026 · 23 MIN

FIREGATE COVERUP: LA Altered Fire Reports While Investors Buy 40% of Land

from News For Reasonable People · host Sean Reynolds

One year after the LA fires and only 13% of homes have rebuilding permits—yet investors are already scooping up 40% of the vacant lots that hit the market. What could go wrong? We dive into the mess that is LA's post-fire reality: homeowners trapped by underinsurance, bureaucratic permitting nightmares that'll stretch into the next decade, and investors circling like vultures while residents desperately try to hold onto their neighborhoods. Meanwhile, Rick Caruso is calling out "Firegate"—alleging the city deliberately altered after-action reports to shield Mayor Bass and the fire department from accountability. Remember when they told us the water reservoirs were full and the hydrants would work? How'd that turn out?Are we really surprised that people are selling when the rebuild timeline is measured in years, not months? Is anyone shocked that the city might be covering up its failures? When you're paying double mortgages, living in rentals, and watching permits move at government speed, selling that $600K lot starts looking pretty good. They don't want you to know how badly this was mismanaged. Should we expect accountability, or just more excuses?Hit that subscribe button and join the conversation. Let's expose what they're trying to hide. Like, share, and let me know your thoughts below!

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FIREGATE COVERUP: LA Altered Fire Reports While Investors Buy 40% of Land

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