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.
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.
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.
Properties are on the market for thousands of dollars more than they were before the deadly wildfires broke out.
Newsweek found properties that jacked up their prices during the California wildfires raising concerns of potential price gouging.
City officials are ramping up efforts to curb rent gouging following devastating firestorms that destroyed over 12,000 homes, displacing tens of thousands
Because California is in a state of emergency, laws targeting price-gouging, including a ban on landlords raising rents by more than 10 percent of pre-emergency levels, should be in effect. But that hasn't deterred some landlords from apparently raising their rents by far more than that,
"It's called price gouging. It is illegal. You cannot do it." Outrage ensues after LA landlords take advantage of fire evacuees with egregious rental prices: 'A crime punishable by up to a year in jail' first appeared on The Cool Down.
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.
Tens of thousands of families are displaced because of the fires, and despite state laws preventing hikes on homes, the cost of housing is skyrocketing
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.