Tenant advocacy groups, landlord associations and elected officials are condemning rent gouging after tens of thousands of people were displaced in deadly fires this month.
Properties are on the market for thousands of dollars more than they were before the deadly wildfires broke out.
For one listing, rent jumped nearly 86% since September. In an interview with LAist, the agent said she told her client, “People are desperate, and you can probably get good money.”
Rental housing prices in L.A. are spiking as historic fires burn in Southern California, forcing thousands of residents who’ve lost homes to scramble to find a new place to live.
California Attorney General Rob Bonta warned if people engage in price gauging, looting, and scamming amid the ongoing response to the wildfires ablaze in Los Angeles, they are breaking the law ...
California Attorney General Rob Bonta warned that price gouging beyond ... News outlet LAist found that one property in Bel Air was listed on Zillow for $29,500 per month as of January 11.
Recent wildfires in Southern California have left over 12,000 homes destroyed and thousands displaced, leading to a more competitive housing market. R
Southern California’s expensive housing market is going to get a lot more competitive after deadly firestorms torched more than 12,000 homes and other structures in the Los Angeles area, leaving tens of thousands of people without a place to stay.
With so many displaced, people are offering double, triple the rent, “offering to pay six months rent up front.”
Price-gouging rules in place because of the L.A. County fires apply even in cases of bidding wars for rental property, state Atty. Gen. Rob Bonta said.
California Attorney General Rob Bonta issued guidance to lawyers about noncitizens in his latest public event warning of possible clashes with the incoming Trump administration.
California Attorney General Rob Bonta reasserted support for immigrants at a Salinas roundtable as the state prepares for “Trump 2.0.”