Price-gouging laws designed to protect tenants in crisis aren’t stopping some LA landlords
- Los Angeles faces a housing crisis exacerbated by wildfires, leading to a surge in rental prices, sometimes increasing by 20% in a week, according to Chris Isidore.
- Some landlords have raised rents sharply since the fires began on January 7, with one five-bedroom home increasing from $8,750 to $19,750, as reported by Popular Information.
- California law prohibits landlords from raising prices more than 10% during a state of emergency, but enforcement has been lacking, as noted by Lindsay Owens.
- Landlords can exploit loopholes in the price-gouging law, making it difficult for renters to find affordable housing, according to Larry Gross.
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Total News Sources0
Leaning Left8Leaning Right2Center9Last UpdatedBias Distribution47% Center
Bias Distribution
- 47% of the sources are Center
47% Center
L 42%
C 47%
11%
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