Study faults California for building homes in wildfire areas

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(Reuters) – California risks an escalating spiral of wildfire catastrophes and rising housing costs unless it completely revamps how it rebuilds after fires and finds ways to discourage building in high-risk areas, according to a study released on Thursday. The study by the University of California Berkeley Center for Community Innovation and the research institute Next 10 also warned of an impending insurance crisis unless laws are changed. Building in already established communities that are largely protected from wildfires is more expensive, so developers continue to encroach on dry, hilly …

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