For those saying it's illegal yes it absolutely is, but you have to prove it. Proving it is the hard part you might have seen the cost last week and know it hiked but did you save screenshots? Did you document it? Probably not. so they get away with it. People still need housing in the meantime.
I worried that this would happen and talked about it says ago. It's despicable, but predictable.
Landlords and the vulture real estate investors got richer off hurricanes Katrina & Sandy; gouged rents + home prices made it impossible for survivors to return to Nola and NYC. Same in NYC post-Covid.
My parents just had that happen with a hotel. Friend is trying to arrange things for them got quoted $200/night. Called back like 30 minutes later to book after confirming with my parents, the hotel: "Sorry, with demand changing, it's now $700/night."
I do know it is literally illegal, and should be reported (and the friend could maybe mention that detail to the vultures to see if the price comes down to last week's rate- though my bet is a "supply/demand" retort...)
Knew this shit was coming. LA & CA need to do something to prevent price gouging. Housing is already crazy here. No one should be allowed to greedily make a profit off of others misfortune.
Thought there was some sort of law/ordnance in place about price gouging in the face of this disaster - am sure I read it somewhere even over here in the UK
My city in Serbia became home to a lot of Russians escaping the war, and it made the rents go through the roof, because the people who came are used to a higher cost of living and put the expected ranges in ads, which our landlords readily accepted, and threw tenants out to make room for Russians.
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Truly greed at work.
There will be more hikes when insurance premiums go up too.
Landlords and the vulture real estate investors got richer off hurricanes Katrina & Sandy; gouged rents + home prices made it impossible for survivors to return to Nola and NYC. Same in NYC post-Covid.
I do know it is literally illegal, and should be reported (and the friend could maybe mention that detail to the vultures to see if the price comes down to last week's rate- though my bet is a "supply/demand" retort...)
Per the Attorney General's website, the statute applies to "major necessities" and lodging is literally the first thing listed.
"Lodging (including permanent or temporary rental housing, hotels, motels, and mobilehomes)."
And it applies outside LA county.
Unfortunately, long term rent hikes aren't covered.
LA Fires is just reinforcing that fact
Another day in the worst civilization, ever...