Displaced Los Angeles-area residents face spiking rents as authorities warn of price gouging
- Displaced residents in the Los Angeles area are facing rising rents due to increased demand after wildfires destroyed homes.
- Real estate agents report rental prices climbing 15% to 20% in just a week.
- The housing market was already tight, with less than 1% of homes sold in a county of 3.7 million households.
- Experts warn of potential price gouging as families compete for limited housing options.
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Coverage Details
Total News Sources0
Leaning Left21Leaning Right21Center22Last UpdatedBias Distribution34% Center
Bias Distribution
- 34% of the sources are Center
34% Center
L 33%
C 34%
R 33%
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