A real estate agent in La Cañada is the first person to be charged with price gouging after the Los Angeles fires.
California Atty. Gen. Rob Bonta announced charges against a La Cañada Flintridge real estate agent for allegedly raising the price of his rental by 38% after L.A.'s wildfires.
Attorney General Rob Bonta said he would go after alleged rent gougers, and this week his office filed its first case. The agent strongly denies breaking the law.
During a state of emergency, most landlords can only raise rents by 10%. Members of the LA Tenants Union have compiled a spreadsheet of well over 1,000 listings they say exceed the 10% threshold. Irani said for her, it was a way to help fire victims.
Tenant advocacy groups, landlord associations and elected officials are condemning rent gouging after tens of thousands of people were displaced in deadly fires this month.
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As deadly wildfires rage across Los Angeles County, housing advocates are calling for immediate protections for renters. With over 1,000 homes destroyed in the Palisades, Hurst, and Eaton fires, some landlords are exploiting the crisis by raising rent prices well above legal limits, prompting calls for an eviction moratorium and rent freeze.
The realtor denied the accusation, and said the home was rented to a family affected by the wildfires at a lower price.
The emergency law caps rents to a ‘fair market value’ determined by HUD, but the caps are so low that many high-end homeowners are delaying putting
The realtor denied the accusation, and said the home was rented to a family affected by the wildfires at a lower price.