Unfortunately whether intentional or not I think it’ll play out that way specifically for those who could not afford, with time and money, to re-build their homes and buy a new place to live.

For example, parts of Altadena, CA were exempt from redlining, so there is a majority black and brown homeowners in certain neighborhoods who have owned their homes for many years. They couldn’t afford their $1M+ house in today’s market. Insurance will pay them out, but there’s nowhere to live in Altadena now. Maybe some will lease while their home is being rebuilt, but I think many will cash out and buy a new home somewhere else, leaving a lot of opportunity for investors to buy up land and build for-profit housing.

Of course, we now know that insurance companies will not cover some of these properties so may not be a valuable investment, but the community will be forever changed, and I would be surprised if that didn’t include further gentrification.