“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.
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.
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;
Angelenos lambast agents and landlords, but some change rates to fix tech glitches or adjust terms, others to profiteer.
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.
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.
Jessica Simpson placed her L.A. home on the market at a lower price amid her split from Eric Johnson and the ongoing wildfires
The Los Angeles wildfires have set off a stampede to find housing, leading some property owners and managers to raise rents higher than the 10% limit in emergencies.
On a half-mile stretch of the Pacific Coast Highway that hugs the Malibu coastline, some 70 luxury homes once stood shoulder to shoulder on the sand, with uninterrupted views of the ocean. A wall of flames,
Fueled by powerful winds and dry conditions, a series of ferocious wildfires erupted last week and roared across the Los Angeles area.