Los Angeles fire victims get protections from predatory real estate investors under new order from Gov. Gavin Newsom
The order targets opportunistic real estate speculators who make unsolicited cash offers well below market value in attempts to exploit victims of the Los Angeles-area fires.
Some of Los Angeles’s Most Expensive Real Estate Is Burning
Los Angeles is among the most densely populated cities in the United States, and its layout is compounding property losses. The city and surrounding towns also have some of the most expensive real estate in the country.
The wildfires have created an entirely new housing crisis in Los Angeles
Recent wildfires have left a devastating mark on the Los Angeles area, displacing families and exacerbating an already dire housing crisis. Rents in the region are on the up, with accusations of short-term price gouging by landlords making national headlines.
California protects LA fire victims from predatory real estate investors
Gov. Gavin Newsom signed an executive order Tuesday aimed at cracking down on land speculators who make “aggressive and unsolicited cash offers” to purchase properties affected by the Southern California wildfires.
Fires Continue to Burn in Los Angeles
As Los Angeles continues to burn the death is rising, the five still active fires leaving 24 dead and more than 12,000 structures destroyed.
Thousands of Los Angeles homeowners dropped by insurers before wildfires
Before the recent wildfires in Southern California, insurers dropped thousands of Los Angeles homeowners. CBS News MoneyWatch correspondent Kelly O'Grady has more on what that means for those trying to rebuild.
Los Angeles landlords jack up rent by as much as 124% — flouting price gouging laws during deadly wildfires
A five-bedroom home in Santa Monica, previously listed at $12,500 per month a year ago, was recently relisted at $28,000 per ...
New wildfires erupt in California as flames continue to rage across Los Angeles
Three new wildfires have started in southern California since Monday as dry conditions and destructive winds continued to ...
Economic Toll of Los Angeles Fires Goes Far Beyond Destroyed Homes
The ongoing disaster will affect residents’ health, local industries, public budgets and the cost of housing for years to ...
Los Angeles fires exacerbate housing crisis, experts say
At least 16 people are dead and more than 10,000 structures have been damaged by catastrophic wildfires devastating southern ...
Los Angeles wildfires: 'Life-threatening,' powerful winds bring elevated fire risk
Los Angeles Fire Department Chief Kristin Crowley said Tuesday that “life-threatening and destructive and widespread winds” ...
FOX 11 Los Angeles on MSN18h
California fires: Why are rents spiking in Los Angeles?
Officials are now starting to see price gouging and scams, including with hotels and short-term rentals and medical supplies, ...
Los Angeles rental hits US$40,000 a month as fires roil housing market
Los Angeles already had a housing affordability crisis before devastating wildfires burned entire neighbourhoods to the ...
Experts say Los Angeles rental prices will ‘inevitably’ spike post-wildfires
Los Angeles residents affected by the wildfires can expect to see rent prices increase as they look for a new place to seek ...
How Los Angeles wildfires could affect California's home insurance market
State authorities previously listed the Palisades as one of the five Southern California areas with the highest concentration ...
Bisnow12d
Los Angeles Studio Real Estate Conference
Current Dynamics in Studio Demand: Gain insights into how recent industry changes, including post-strike conditions, are ...
Real estate mogul details how Los Angeles can rebuild after wildfires, says California leaders must ‘step up’
California leaders and politicians are "going to have to step up" and help communities rebuild homes while providing ...