Los Angeles landlords jack up rent by as much as 124% amid LA fires

Jan 14, 2025 · Landlords in Los Angeles are taking advantage of the reduced housing supply and jacking up rent. AP. But last week the listing reappeared with a new price — $39,000 per month.

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Los Angeles Landlords Jack Up Rent By As Much As 124% Amid LA Fires

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Jan 14, 2025 · Landlords in Los Angeles are taking advantage of the reduced housing supply and jacking up rent. AP. But last week the listing reappeared with a new price — $39,000 per month.

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LA-Area Landlords Illegally Hike Rents 20% After Fires - The Real …

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Jan 28, 2025 · Overall, rents jumped by 20 percent across Los Angeles County after the wildfires that began Jan. 7 burned an estimated 10,000 homes, killing at least 28 people, according to …

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LA-market Landlords Illegally Jack Up Rents 20% After Firestorms

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Jan 28, 2025 · It’s official. Landlords in the Los Angeles market have illegally gouged renters scrambling to find homes after historic wildfires this month torched entire neighborhoods. …

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Los Angeles Landlords Jack Up Rent By As Much As 124% — Flouting …

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Jan 14, 2025 · Landlords in fire-ravaged Los Angeles have jacked up rents — in some cases by more than double the price — in violation of California law against price gouging as thousands …

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Famed Real Estate Mogul Exposes Landlords For Illegally Exploiting …

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Jan 13, 2025 · Speaking on the BBC's One's Sunday with Laura Kuenssberg, Oppenheim shared a troubling incident where a client was seeking to rent a property initially listed at $13,000 per …

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LA Wildfire Victims Face Exploitation As Landlords Hike Rents In ...

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Jan 13, 2025 · • Wildfires in Los Angeles County have destroyed over 1,000 structures, displacing thousands of families. • Some landlords are illegally raising rents beyond the 10% emergency …

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LA Landlords Are Price Gouging In The Wildfires, Says 'Selling Sunset ...

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Jan 13, 2025 · Jason Oppenheim has accused Los Angeles landlords of illegal rent hikes amid the wildfires. California law prohibits rent increases of over 10% after an emergency is …

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Landlords Accused Of Using LA Wildfires To Price Gouge Renters

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Jan 14, 2025 · Landlords be like “rent is $750 a week”. (Source: Mario Tama/Getty Images) Oppenheim then recalled one instance where he sent a client to a rental with an asking price …

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Jason Oppenheim Says Greedy LA Landlords Are Illegally Price

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Jan 14, 2025 · He offered $20,000 a month and he offered to pay six months up front. The landlord said: 'No, I want $23,000 a month.' "There are price gouging laws in California that …

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FAQs about Los Angeles landlords jack up rent by as much as 124% amid LA fires Coupon?

What happens if you violate California's price-gouging rules?

A violation of the price-gouging rules is punishable by imprisonment in a county jail for up to a year, a fine of up to $10,000, or both. On Saturday, California Attorney General Rob Bonta said he had seen businesses and landlords "jack up the price." He said, "It's called price gouging. ...

Are landlords taking advantage of the Los Angeles fires?

"We're having landlords taking advantage of the situation," he said. The LA fires, which began nearly a week ago, have killed at least 24 people, left dozens missing, and destroyed thousands of structures, including homes. The total area burned is now larger than Paris. ...

Why is Zillow posting 'important information for renters during a state of emergency?

Zillow is posting “important information for renters during a state of emergency” on area rentals, informing applicants of the law. 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. ...

What happens if a person eats a dollar sign?

It is a crime, punishable by up to a year in jail and $10,000 fines. "To anyone who would go out and take advantage of this tragedy for their greedy gain, who would further victimize people who have potentially lost everything, who would look at this situation and see dollar signs—I have a message for you: You will be held accountable. ...

Can you go to jail for price-gouging in Los Angeles?

Price-gouging is a misdemeanor punishable by up to a year in jail and $10,000 fine for each violation. Protections related to housing are generally in effect for 30 days. But on Thursday, Gov. Gavin Newsom extended prohibitions on motel, hotel and rental housing to March 8. Is there evidence of increased rents in the Los Angeles area? ...