L.A.'s wildfires are making a tough rental market even more brutal. Here's why
Briefly

Heather McAlpine represents the growing number of renters displaced by the devastating wildfires that destroyed over 16,000 homes in the Los Angeles area. The housing market is now highly competitive, driving up rents significantly. With more people looking for homes and limited housing supply, the already expensive L.A. rental landscape is becoming increasingly challenging, with more than half of renter households spending 30% or more of their income on rent. Experts predict this situation will exert upward pressure on prices for the foreseeable future.
"There's only so many people moving at any given time, and suddenly adding another 20,000 households to that amount is just an extraordinary pressure."
Read at Fast Company
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