‘It’s Horrendous’: Los Angeles Rental Prices Surge During Fires Despite Price Gouging Laws

At least 24 people have died and thousands of structures have been destroyed in the fires that continue to burn in Southern California. There are at least 105,000 under mandatory evacuation orders, and 87,000 more have been issued evacuation warnings.

With so many people displaced, rentals are being scooped up—and despite laws aimed at preventing price gouging, costs are at a premium.

The New York Times found listings in various Los Angeles neighborhoods with massive price jumps, from 15 percent in Century City to 64 percent in Venice. One real estate agent told the outlet, “People [are] taking advantage of this. It’s horrendous.”

Inside Edition journalist Lisa Guerrero found this five-bedroom

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