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.
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 the state's price-gouging law.
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.
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, assorted price-gouging scams and unsolicited low-ball offers on property during the current state of emergency in Los Angeles County.
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.
Newsom extends protections against rental price gouging amid California wildfires
California Governor Gavin Newsom is extending protections against price-gouging on rental housing. Los Angeles Times political writer Seema Mehta joins Chris Jansing to explain more on what this means for people looking for housing in the wake of the deadly wildfires.
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.
California AG warns 200+ landlords, hotels of price gouging after California wildfires
Thousands of people looking places to live after the Palisades and Eaton fires are finding jacked up rental prices.
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 ...
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 ...
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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 ...
‘Selling Sunset’ Realtor Jason Oppenheim Speaks Out Against Price Gouging Amid Wildfires in LA
These people are suffering. They may not be insured, and you’re going to take advantage…There are some bad apple landlords ...
Rent Gouging: What Is It, Is It Legal, Can You Fight Back?
Amid staggering loss, a number of rental units in LA are significantly more expensive than they were before the fire ...
Price Controls Won't Build Homes in L.A.
California Gov. Gavin Newsom must allow prices to rise if he wants homes to be rebuilt as quickly as possible.