Amid the deadly Los Angeles County wildfires, some landlords have decided to raise the prices of housing due to the high demand.
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 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.
The emergency law caps rents to a ‘fair market value’ determined by HUD, but the caps are so low that many high-end homeowners are delaying putting
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.
Recent wildfires in the Los Angeles area destroyed over 10,000 structures, many of them homes. Tens of thousands have been displaced, and the search for housing is becoming increasingly brutal. Some landlords are profiting from the crisis.
As wildfires continue to blaze across Los Angeles County, authorities are sounding the alarm on another potential threat to the public: scams relating to the disaster.
Recent wildfires in the Los Angeles area destroyed over 10,000 structures, many of them homes. Tens of thousands have bee
A real estate agent in La Cañada is the first person to be charged with price gouging after the Los Angeles fires.
With many communities still smoldering from the Los Angeles wildfires, the forecast for rain this weekend would seem like a welcome relief. But how the rain falls could make the difference between a disaster respite or a disaster repeat.
Los Angeles Mayor Karen Bass could face a stiff reelection challenge, and the open-seat governor’s race in California is likely to focus on rebuilding plans.