Michael Burry Sues Over California Wildfire Risk

Famed investor Michael Burry is leading a lawsuit to block the Masson Estates housing development in Saratoga, California, due to wildfire risk and evacuation concerns. The project involves building 25 homes near dangerous fire hazard zones and would worsen evacuation times on a narrow mountain road, Pierce Road. Environmental groups and Burry argue that approval violates state laws and increases safety hazards, with a court hearing scheduled for January 2027.

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