Los Angeles Rent Increased 124 Percent After Wildfires

[BigMoneyGrip]

The Democratic ran Los Angeles City Council could have quickly put in place rent control measures to prevent this from happening.

Los Angeles City Council - Wikipedia

en.m.wikipedia.org

The Inglewood City Council Did this back in 2019, when landlords were increasing the rent:

Inglewood makes rent control permanent, sets cap at 5 percent

Residents have pushed for renter protections amid a development boom

la.curbed.com

Do you know the difference between the city of Los Angeles and the county of Los Angeles bozo sauce? Both have rent control measures.. stop posting maga babble

 

[Uchiha God]

This the type of shyt the gangs in LA should get active about

 

[3rdWorld]

'Capitalism' spares no one..

 

[Wepa Man]

This the type of shyt the gangs in LA should get active about

 

[King Poetic]

What people need to do is taking a picture of the original price and then take one of the new price and report it do to LA and Orange County has rent control set

It will result in a heavy fine and even jail time

But unfortunately the rental property owners don’t give a fukk because the counties are backed up and it could be 6 months to 2 years before the case even be heard

 

[Bunchy Carter]

Do you know the difference between the city of Los Angeles and the county of Los Angeles bozo sauce? Both have rent control measures.. stop posting maga babble

You do not know what your talking about.

 

[Amare's Right Hook]

Pay up or git out

 

[KnickstapeCity]

How does this work? Your city is burning and people are leaving?




I know what will fix this. Let’s raise the rents.

 

[KnickstapeCity]

This the type of shyt the gangs in LA should get active about

Instead these c00ns wanna kill each other

 

[SadimirPutin]

I think the law is going to come back around for those price gougers who were very blatant with it "publicly"

But If I own a property which is available for rent and people come checking for availability I could simply say I am evaluating a number of offers...please put in a bid..

People are so desperate they will put in bids WELL OVER the initial asking price......

You didnt "gouge" anybody in that situation...


If your spot got 4-5 bids you go with the one you want

As opposed to changing your rent from 10k to 40K on a rental website lol

 

[Pull Up the Roots]

You do not know what your talking about.

I don't live in California, but I was able to find what @BigMoneyGrip referenced.


State Price Gouging Laws: California law (Penal Code Section 396) prohibits landlords from increasing rents by more than 10% during declared emergencies. And Newsom proclaimed a state of emergency on the first day of the fires.

California Code, PEN 396.

City of Los Angeles Rent Control: The city enforces rent control under the Rent Stabilization Ordinance (RSO).

https://housing.lacity.org/rental-property/rent-stabilization-ordinance

County of Los Angeles Rent Control: Rent stabilization also exists for unincorporated areas in the county under rules implemented in 2019.

Housing & Tenant Protections and Rent Stabilization – Consumer & Business

dcba.lacounty.gov

 

[R=G]

Wtf...would leave LA the next day. Thats some shake down shyt. You run that on bytch made types.

 

[maxamusa]

diabolical......



über surcharge 2

 

[BigMoneyGrip]

I don't live in California, but I was able to find what @BigMoneyGrip referenced.


State Price Gouging Laws: California law (Penal Code Section 396) prohibits landlords from increasing rents by more than 10% during declared emergencies. And Newsom proclaimed a state of emergency on the first day of the fires.

California Code, PEN 396.

City of Los Angeles Rent Control: The city enforces rent control under the Rent Stabilization Ordinance (RSO).

https://housing.lacity.org/rental-property/rent-stabilization-ordinance

County of Los Angeles Rent Control: Rent stabilization also exists for unincorporated areas in the county under rules implemented in 2019.

Housing & Tenant Protections and Rent Stabilization – Consumer & Business

dcba.lacounty.gov

You see that @Bunchy Carter ? You dummy

 

[SadimirPutin]

The fact that you could hike rent that absurdly and still have so many competing bids lets you know how much money is knocking around Cali