Rent prices went up as much as 200% in some parts of LA after the wildfires. That means landlords tripled the rents. fortune.com/2025/01/26/l... - ThreadSky

moreperfectunion.bsky.social • 27 days ago

Rent prices went up as much as 200% in some parts of LA after the wildfires. That means landlords tripled the rents.

https://fortune.com/2025/01/26/la-housing-crisis-home-rents-wildfires-price-gouging-laws/

Comments

chesburgerman.bsky.social•27 days ago

The solution is to launch all the landlords into the sun

musicntutor.bsky.social•26 days ago

Contact BONTA ofc if U see price gauging after wildfires

https://oag.ca.gov/news/press-releases/attorney-general-bonta-files-charges-against-southern-california-real-estate

rjharris816.bsky.social•27 days ago

I’m sure the rapist in chief will step in for the common folk!!!!

rjharris816.bsky.social•27 days ago

There is Satan…and below him…is a California landlord

rogergrow.bsky.social•27 days ago

What Americans do to Americans.

catseye33.bsky.social•27 days ago

LA real estate is an immoral and nasty beast.

The people who work for these rental companies are so greedy and corrupt, it's breathtaking.

They are the worst people in the city of Los Angeles.

Bottom feeders and top feeders.

frisson310.bsky.social•27 days ago

Supply and demand folks.

abbendectomy.bsky.social•27 days ago

The Fee Market

(not a typo)

satess.bsky.social•26 days ago

This is disgusting behaviour. Truly. Disgusting.

mustangfan.bsky.social•27 days ago

Its a complete shame that Karen Bass refused to take any sort of serious action to help renters. She fiddled while rome burned, first she was in another country while it happened, then she tried defending cutting the LAFD budget prior to the fires, and now she has no plan to help renters

mustangfan.bsky.social•27 days ago

I honest am already worried about next year's midterms. If she doesn't step aside and let someone better run, then they will have a republican mayor

ottovondanger.bsky.social•27 days ago

If your landlord does this....Luigi them and throw them in the fire...no one will care

disnothus.bsky.social•27 days ago

rollinondubs.bsky.social•27 days ago

This is truly sad, pathetic and immoral. Pure greed at the expense of a lot of people who lost just about everything.

seriesjunkie.bsky.social•26 days ago

Daily Reminder: Anyone can be a hero.

seriesjunkie.bsky.social•26 days ago

ladyelizadeath.bsky.social•27 days ago

Ffs...

thegeekprofessor.com•27 days ago

What's their justification for raising the rent? This feels like a case where swift and rigorous accountability should come into play.

racquinox.net•26 days ago

Rules and regulations mean nothing if there isn't enforcement and deterrence

seriesjunkie.bsky.social•26 days ago

Some guy named Luigi should pay these fuckers a visit!

alleghenian.bsky.social•27 days ago

Smash capitalism.

petelynch23.bsky.social•27 days ago

We all know the answer of what do here
/Laughs in Mao
/Laughs in Luigi

jackfuckingbauer.bsky.social•27 days ago

stingleword.bsky.social•27 days ago

Calling them vultures is a kindness. Vultures afford a positive impact on the ecosystems they exist within.

They are parasites. They do nothing good for anything except themselves and do not care about the cost.

elliew.bsky.social•26 days ago

California has to end this real estate madness! @govgavinnewsom.bsky.social

moreperfectunion.bsky.social•27 days ago

"A Washington Post analysis of listings data from property analytics service RentCast found that LA County rents overall jumped 20% two weeks after the disaster compared to two weeks before.

But individual neighborhoods and cities in the sprawling county saw steeper hikes..

danielallensolomon.bsky.social•27 days ago

I cursed, "fucking vultures." But then I remembered that vultures actually serve a purpose in a functional ecosystem.

moreperfectunion.bsky.social•27 days ago

..Sherman Oaks, which is next to Encino in LA’s San Fernando Valley, saw rent shoot up 266%, according to the Post. Rent in nearby Valley Village leapt 198%, and one ZIP code in the city of Glendale saw a 206% markup."

vanlighet.bsky.social•27 days ago

Does the article address ownership? Are these individual owners or private equity owned?

tooze.bsky.social•27 days ago

Come to Canada.

weirdo95.bsky.social•27 days ago

You know all that looting? Well we've found the culprits.

beastcoaster.bsky.social•27 days ago

The article doesn't explain why anti-gouging laws have either been loopedholed or have not been enforced. Is this due to a lack of enforcement or because the price gouging was legal on some kind of technicality, or lack of scope?