If they rebuild in CA.

Many very expensive homes burned down, and many people who had previously considered moving to Texas, Florida, or other lower-tax states were impacted.

Before the fires, they had a life and a nice home in California. Moving is a lot of stress and work. So, endlessly talk about moving but never really do it.

Now, their home is gone, their neighborhood is ruined, and their city is no longer fun to live in.

Does this motivate many of them to get their insurance settlement and move to TX or FL?

And these rich people have a ton of future taxes that leave with them. Permanent loss to CA.