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Podcast: News For Reasonable People
Episode: Malibu’s New Owners? Kiwi Billionaires Snap Up $65 million of Fire-Ravaged Lots!
Description: Two billionaire brothers from New Zealand just scooped up 16 prime Malibu beachfront lots for $65 million—and their genius plan? Ship in prefab homes manufactured in China. What could possibly go wrong? While devastated fire victims navigate California's nightmarish permit process (12-24 months just for approval), these surf-bro billionaires claim they're doing it out of love for Malibu. Sure, guys. Nothing says "community rebuilding" like factory-built Chinese imports on some of America's most prestigious waterfront real estate. The city has issued only 22 permits in Malibu versus 1,300+ in Pacific Palisades, leaving desperate homeowners with few options. Enter the Mobre brothers with th...