“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.
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.”
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.
Angelenos lambast agents and landlords, but some change rates to fix tech glitches or adjust terms, others to profiteer.
With high property values, catastrophic damage, and lost economic activity, the Los Angeles wildfires could cost up to $275 billion. Here's who pays.
Fueled by powerful winds and dry conditions, a series of ferocious wildfires erupted last week and roared across the Los Angeles area.
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.
This modern, designer-furnished lease exudes privacy, elegance and unparalleled views of Los Angeles. Designed with exceptional attention to detail, this home offers a seamless blend of luxury and comfort.
Developer Don Peebles and partner Victor MacFarlane have sued the City of Los Angeles for allegedly unlawfully terminating their contract to build the $1.6 billion Angels Landing project Downtown, which would have been among the largest African-American-led developments in the city’s history.
California is years behind in implementing a 2020 law aiming to make it harder for homes to burn during a wildfire.
I have friends who lost houses. I have family who were burned out of their home. Los Angeles has lost churches, synagogues, and architecture that are part of our collective history—not just architectural gems, but civic hubs and touchstones for communal memory.