LA City Attorney sues landlords for wildfire price gouging, seeks $62M
Briefly

Los Angeles City Attorney's office has filed a civil lawsuit against several landlords for allegedly gouging tenants and running an illegal short-term rental scheme post-wildfires. The defendants may face penalties up to $62 million for significant rent increases and operating without permits. City Attorney Hydee Feldstein Soto emphasized the severity of the situation, stating that these actions exacerbated the housing shortage and exploited vulnerable residents. The complaint names multiple defendants and companies associated with illegal rental activities, drawing attention to the urgent need for accountability in the rental market.
The scale of the alleged activity, the illegal short-term rentals and the wildfire-related price gouging, is outrageous." - City Attorney Hydee Feldstein Soto
Read at therealdeal.com
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