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

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Wildfires, damaging waves and beach erosion are testing the enduring appeal, and extraordinary prices, of living at the edge of the Pacific. Francesca Maglione breaks down the disaster risks the residents of Malibu face.

Wildfires, damaging waves and beach erosion are testing the enduring appeal, and extraordinary prices, of living at the edge of the Pacific. Francesca Maglione breaks down the disaster risks the residents of Malibu face. (Source: Bloomberg)
Malibu (ORG) Face El Niño’s (PERSON) Pacific (LOCATION) Francesca Maglione (PERSON) Bloomberg (PERSON)
Originally published by Bloomberg Markets Read original →