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Price Gouging Hits the Housing Market Amid California Wildfires
Newsweek found properties that jacked up their prices during the California wildfires raising concerns of potential price gouging.
Some price-gouging rules could be keeping high-end homes off L.A.’s rental market
A law barring monthly rents of more than $10,000 for new listings is stopping high-end homes from going on the market, real estate agents and brokers say. Such homes could be in demand for wealthy fire victims.
LA wildfires drive surge in rental housing prices, prompting price gouging concerns
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.
California Cracks Down on Price Gouging Amid Rent Hikes in Disaster Zones
California officials are sounding the alarm as rent prices skyrocket in fire-affected areas of Los Angeles. With the declaration of a state of emergency due to recent wildfires, the law prohibits landlords from price gouging,
California attorney general charges L.A.-area real estate agent with price gouging in wake of wildfires
California Atty. Gen. Rob Bonta announced charges against a La Cañada Flintridge real estate agent for allegedly raising the price of his rental by 38% after L.A.'s wildfires.
9h
on MSN
LA Real Estate Agent Hit With First Price Gouging Charges After Fires
An emergency was declared in California on January 7, when the fires started. On January 12, Governor Gavin Newsom signed an executive order that extended laws "prohibiting price gouging in times of ...
10d
Zillow price hikes on L.A. rentals used to ‘name and shame’ landlords attempting to profit off fires
“just a quick scan of zillow reveals a few egregious instances of price gouging by landlords and agents. this is illegal,” ...
2d
on MSN
Exploiting disaster: Renters accuse Los Angeles landlords of "abusive and illegal" price hikes
Because California is in a state of emergency, laws targeting price-gouging, including a ban on landlords raising rents by ...
9d
on MSN
Rents skyrocket in LA as displaced people look for new places to stay
Fires in Los Angeles have destroyed thousands of homes, leaving families scrambling for long-term shelter in the face of ...
Curbed on MSN
8d
Los Angeles Rents Are Going Up By The Hour
Within the week since Los Angeles’s worst-ever disaster began, rent gouging has become a crisis on top of the crisis. It’s ...
9d
on MSN
Los Angeles landlords jack up rent by as much as 124% — flouting price gouging laws during deadly wildfires
Landlords in fire-ravaged Los Angeles have jacked up rents — in some cases by more than double the price — in violation of ...
4d
on MSN
California officials warn against price gouging as rents soar in fire-stricken Los Angeles
Tenant advocacy groups, landlord associations and elected officials are condemning rent gouging after tens of thousands of ...
19h
Mark Gongloff: The $2 trillion home insurance nightmare is getting worse
Put it all together, and you get something that looks an awful lot like systemic risk, threatening home values across the ...
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