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LA FIRE: Rent Gouging Skyrockets Over 300% as Landlords Profit Off of Tragedy


So you want a house now that your previous one burned down in L.A.?

Guess what, now you gotta pay 200% more! Wait, you seem desperate, make that 300%!!

As wildfires devastate Los Angeles County, authorities are tackling skyrocketing rental prices that exploit displaced residents.

Zillow has already pulled hundreds of listings exceeding the 10% price hike limit set during a state of emergency.

LA County DA Nathan Hochman made it clear, violators will face criminal charges, civil penalties, and public shaming.

With some rents spiking as much as 300%, the crackdown is a stark reminder that profiting off disaster will cost more than it’s worth.

It also reminds us that we live among those without souls.

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ABC News reports:

Sites that host rental listings in the Los Angeles County area are scrambling to address rent gouging amid the destructive, deadly wildfires ravaging the region and displacing thousands of residents.

Real estate marketplace Zillow told ABC News that it has “removed hundreds of Zillow listings due to price increases that exceed the state of emergency threshold.”

Housing providers can fix the “pricing issues” and re-list the homes or apartments once addressed, the company said.

The Los Angeles County Department of Consumer and Business Affairs (DCBA) warned businesses not to price gouge during a declared emergency. Prices for goods and services — including hotel rooms, rental housing and emergency supplies — cannot be raised more than 10% in a time of emergency.

Some residents have seen increases in prices or rooms they are renting or houses that they are leasing go up by 100%, 200% or even 300%, according to LA County District Attorney Nathan Hochman.

“If you’re one of these people who have engaged in price gouging, not only do you need to stop it immediately, I would strongly recommend that you go back and fix it, go back and refund the amount that you have overcharged people,” Hochman said in a Jan. 15 press conference. “We will certainly take that into consideration in deciding whether or not to charge you.”

Hochman noted that violators would face both criminal and civil penalties.

“And as importantly, your name will get out there, your company’s name will get out there,” he said. “You will be publicly shamed. I want to make that crystal clear. So stop it right now.”

The greed among liberal areas is insane.

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But I guess we shouldn’t be surprised.

Here’s a list of the greedy landlords breaking the law.

Thank God it’s going viral so these landlords will be under the magnifying glass of anons and will most likely be prosecuted.

And here’s where we can report them:

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I’m willing to bet patriotic Americans are NOT the ones doing this.



 

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