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.
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.”
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 ...
Properties are on the market for thousands of dollars more than they were before the deadly wildfires broke out.
Fires in Los Angeles have destroyed thousands of homes, leaving families scrambling for long-term shelter in the face of uncertainty. Real estate listing websites such as Zillow have shown many properties taken off the market during the fires, only to be put back on the market for thousands more than they were originally listed for.
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.