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Los Angeles residents affected by the wildfires can expect to see rent prices increase as they look for a new place to seek shelter in the aftermath. Real-estate experts say rent hikes are ...
Landlords caught price gouging in Los Angeles County during the wildfire crisis now face fines as high as $50,000. Board of Supervisors voted to increase the maximum penalty to $50,000 from ...
In Tarzana, a landlord is asking $17,500 a month to rent a 3,000-square-foot home with a pool and a view of the Santa Monica Mountains, a 9.4% increase from the price at which it was offered in ...
From January 7 to 31, 2025, a series of 7 destructive wildfires affected the Los Angeles metropolitan area and San Diego County in California, United States. [5] The fires were exacerbated by drought conditions, low humidity, a buildup of vegetation from the previous winter, and hurricane-force Santa Ana winds, which in some places reached 100 miles per hour (160 km/h; 45 m/s).
An aircraft drops fire retardant on the Palisades fire as smoke blankets Los Angeles County on Jan. 8. ... a portion of their already-paid rent if they had to move because of the wildfires ...
When comparing the rental rates of Los Angeles and the average rate across the United States one can see just how much higher the city is compared to the rest of the country. While in 2017 the average rental rate in the United States was $1,357, in comparison the average rental rate in Los Angeles in 2017 was $2,284, almost a $1,000 average ...
The Tenant Protection Act of 2019 caps annual rent increases at 5% plus regional inflation. [51] For example, had the bill been in effect in 2019, rent increases in Los Angeles would have been capped at 8.3%, and in San Francisco at 9%. [51] The increases are pegged to the rental rate as of March 15, 2019. [51]
The city's rent control law needs to do more to prevent price shocks for tenants during periods of high inflation while ensuring landlords can recoup costs. Editorial: Los Angeles can find a ...