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2. LA wildfires drive surge in rental housing prices, prompting ...

   www.aol.com/la-wildfires-drive-surge-rental...

   Zillow, a real estate marketplace that includes rental listings, told FOX Business that it's "taking action to help address price gouging on rental listing in the affected areas that appear on our ...

3. California housing shortage - Wikipedia

   en.wikipedia.org/wiki/California_housing_shortage

   In 2017, the median price of a home in California was more than 2.5 times the median in the U.S. as a whole, and in California's coastal urban areas, the shortage was greater than the inland areas, as demonstrated by the median prices of homes in those respective markets: $1.3M in San Francisco, $1M in San Jose, and $600k in Los Angeles, while ...

4. Neighborhoods in Pasadena, California - Wikipedia

   en.wikipedia.org/wiki/Neighborhoods_in_Pasadena...

   The west-central area of the neighborhood remained undeveloped until 1943. Over the 1970s and 1980s, property values in the neighborhood plummeted. Gang violence and drug manufacturing became rampant, and historic buildings were demolished in favor of low-rent apartments and cheap shopping centers.

5. Costa–Hawkins Rental Housing Act - Wikipedia

   en.wikipedia.org/wiki/Costa–Hawkins_Rental...

   The major purposes of the Act were: to eliminate vacancy control and thereby reestablish an intermittent role for market forces (supply and demand) in setting the rental price; and, to exempt certain categories of rental units from rent control, e.g., new construction, and single family dwellings and condominiums. The exemption for new units ...

6. Compass, Inc. - Wikipedia

   en.wikipedia.org/wiki/Compass,_Inc.

   [10] [7] The initial business model employed full-time, salaried brokers [11] and was focused only on rentals. [12] The service was launched in May 2013. [13] [12] In January 2014, Compass announced it would change its overall business model by contracting independent real estate agents, receiving a portion of the broker commission. [14]

7. 2017 Los Angeles Measure S - Wikipedia

   en.wikipedia.org/wiki/2017_Los_Angeles_Measure_S

   "As we work to house patients in L.A., City Hall focuses on approving $3,500 apartments that sit empty." [ 2 ] In response to supporters' claims that the real cause of the housing shortage was an abundance of luxury housing, opponents said that regardless of the market segment it was intended for, any new housing would eventually drive down the ...