In the aftermath of devastating wildfires in Los Angeles, landlords have illegally raised rent prices, with an overall increase of 20% across the county. The fires, which destroyed around 10,000 homes and led to numerous fatalities, have facilitated a housing crisis as residents scramble for accommodations. Tenants have seen rents rise past the legal limit of 10% in many neighborhoods, with some areas seeing increases over 130%. The California attorney general has responded with over 500 warning letters and charges against those involved in price gouging.
In nearly 30 cities and Los Angeles neighborhoods, the median rent for homes listed within two weeks after the fires started spiked well past the legal limit of 10 percent, compared with those listed within two weeks before the blazes.
The Post analyzed the prices of about 1,700 rental homes posted in the two weeks before the wildfires and nearly 3,000 units listed after.
Collection
[
|
...
]