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These Malibu homes survived the wildfires. Some owners are still cutting prices by up to $7 million as buyers stay away - The Times of India

More than a year after devastating wildfires swept through parts of Southern California, Malibu's luxury real estate market is facing an unexpected challenge. Although many multimillion-dollar homes escaped the flames, they are proving difficult to sell as buyers remain cautious about the risks of living in a wildfire-prone area.