Properties are on the market for thousands of dollars more than they were before the deadly wildfires broke out.
California Attorney General Rob Bonta announced Thursday his office has issued more than 200 warning letters to hotels and landlords suspected of price gouging during the recent Los Angeles wildfires emergency.
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.
Recent wildfires in Southern California have left over 12,000 homes destroyed and thousands displaced, leading to a more competitive housing market. Reports of rent-gouging have emerged, prompting officials to enforce legal rent caps during the state of emergency.
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.
With so many displaced, people are offering double, triple the rent, “offering to pay six months rent up front.”
Price-gouging rules in place because of the L.A. County fires apply even in cases of bidding wars for rental property, state Atty. Gen. Rob Bonta said.
California Attorney General Rob Bonta issued guidance to lawyers about noncitizens in his latest public event warning of possible clashes with the incoming Trump administration.
Letters from California Atty. Gen. Rob Bonta advise more than 200 landlords and hotels that they've been accused of violating the state's price-gouging law.
Tens of thousands of displaced residents in Southern California are looking for housing after tragedy struck, but they're facing skyrocketing asking prices.
California Attorney General Rob Bonta on Thursday announced his office has opened investigations into reports of price-gouging in the Southern California areas ravaged by devastating wildfires. “We have boots on the ground conducting investigations as we speak,” he said in a Thursday press conference.