If it burns it is not going to be rebuilt. There is no more money. LA will turn into a Detroit, which they call the Urban Prairie. This is what happens when there is white flight to the Burbs. No one with any money is left to rebuild. Back in the 90s when visiting Michigan I was told that there was a one year period where there wasn't a single new construction permit issued in the city of Detroit. Remeber the decay in the movie Bolade Runner well that is gong to bethe LA of the future
Detroit
1949
Today