L.A. landlords accused of price gouging say they’re responding to unprecedented demand from wealthy wildfire victims
Some landlords lowered rents after MarketWatch asked about increases that appeared to violate laws against price gouging.
Don't Fall Victim to Rental Price Gouging. Housing Resources for LA Wildfire Evacuees
Price gouging, including for rental housing, is illegal during a state of emergency, which was declared by California Gov. Gavin Newsom on Jan. 7. During emergencies, landlords are prohibited from raising rental housing prices by more than 10% of the previously advertised price.
Displaced Los Angeles Homeowners Face Price Gouging After Wildfires
Renee Weitzer, an 87-year-old Holocaust survivor, lost the Sunset Mesa home she shared with her 88-year-old husband, Ed. They escaped the approaching wildfire with their medication, some important papers, their dog and a single change of clothing, thinking they would quickly return home.
After Wildfires, Local Prosecutors Crack Down on Price Gouging in Housing Market
The City Attorney’s office is evaluating approximately 650 price gouging complaints, most related to rent,” a spokesperson for Hydee Feldstein Soto tells The Hollywood Reporter. 'Grey's Anatomy' Disgraced Writer Elisabeth Finch Defends Personal Fundraising Amid L.
Is California's 10% rent cap enough to stop price-gouging?
California Governor Gavin Newsom extends rent price-gouging protections as ongoing wildfires displace Californians. The Altman Brothers Team co-founder Josh Altman joins Wealth with Brad Smith to check in on the Southern California real estate market in the aftermath of the devastating blazes.
LA wildfires create spike in rent prices, forcing rental listing sites to act
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.
As LA Wildfire Evacuees Face Illegal Rent Hikes, These Resources Can Help
Price gouging, including for rental housing, is illegal during a state of emergency, and California Gov. Gavin Newsom declared one on Jan. 7. During emergencies, landlords are prohibited from raising rental housing prices by more than 10% of the previously advertised price.
California warns more than 200 hotels and landlords of price gouging complaints in wake of fires
Letters from California Atty. Gen. Rob Bonta advise more than 200 landlords and hotels that they've been accused of violating ...
L.A. Renters Brace for Price Gouging as Real Estate Agents See Monthly Payments Spike—Including at Least 10% in Neighboring Communities
Los Angeles landlords have been hit with allegations of predatory price gouging targeting the tens of thousands of wildfire ...
Price gouging after disasters like the LA fires is illegal. But it's happening anyway.
Property owners may not jack up rental costs more than 10% in the wake of a disaster like the LA fires. Here's what tenants ...
Gov. Newsom extends rental price gouging protections; A.G. vows to prosecute violators
In an executive order Thursday, Gov. Gavin Newsom extended price gouging protection until March 8 amid an uproar over large ...
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California officials open multiple price gouging investigations in wake of LA County wildfires
California law enforcement officials announced Thursday they have opened multiple predatory pricing investigations into fraud ...
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Airbnb Cracks Down on Price Gouging During L.A. Fires
Airbnb hosts in two California counties who raise their rates more than 10% compared to pre-LA fires' pricing will be blocked ...
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Colorado Democrats introduce bill to take on price gouging of grocery store items
House Bill 1010 would make it illegal for businesses to increase costs 10% above average in a bid to bring down prices of essential goods.
The FTC Finds United Health’s OptumRX Is Engaged In Widespread Price Gouging
The Federal Trade Commision (FTC) found prescription benefits managers like UnitedHealth's OptumRX have gained $7.3B from ...