“just a quick scan of zillow reveals a few egregious instances of price gouging by landlords and agents. this is illegal,” someone else noted, highlighting one listing that was originally priced at $7,500 per month in late October and as of Jan. 11, went up to $11,000.
Sites that host rental listings in the Los Angeles County area are scrambling to address rent gouging amid the destructive, deadly wildfires ravaging the region.
The ongoing disaster will affect residents’ health, local industries, public budgets and the cost of housing for years to come.
Landlords and real estate agencies are jacking up the rent on houses as demand outstrips supply in fire-torn LA.
Joe Thompson’s desperate post-wildfire scramble to find a new place for his family to live led him Saturday to a five-bedroom home in Santa Monica, California, that had been put on the market the day before for $28,
The Los Angeles area wildfires that have devastated communities like Pacific Palisades and Altadena have prompted a spike in prices for rental housing, spurring price gouging concerns.
Fueled by powerful winds and dry conditions, a series of ferocious wildfires erupted last week and roared across the Los Angeles area.
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.
Within the week since Los Angeles’s worst-ever disaster began, rent gouging has become a crisis on top of the crisis. It’s against the law to increase a rental price by more than 10 percent once a state of emergency has been declared;
Jessica Simpson placed her L.A. home on the market at a lower price amid her split from Eric Johnson and the ongoing wildfires
More than 12,000 homes, businesses, schools and other structures have been destroyed by raging wildfires that began ripping through the Greater Los Angeles area last Tuesday. Cal Fire said in an update Monday that a total of 40,
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.”