Selling Sunset's Jason says landlords price gouging over LA fires
Published On Jan 12, 2025, 1:04 PM
Selling Sunset star Jason Oppenheim criticized LA landlords for illegally raising rental prices in the wake of wildfires, violating California's price gouging laws. He highlighted instances where landlords have significantly increased rents despite the state's regulations meant to protect disaster victims. California authorities, including the Attorney General, have warned against these practices, emphasizing strict penalties for violators. Meanwhile, the community has shown support with donations to aid wildfire recovery.
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Given the rising tensions around rental prices and regulatory scrutiny, real estate firms, particularly those involved in rental properties, may face short-term backlash affecting their reputations and operations. Additionally, with increased legal oversight, compliance costs could rise, negatively impacting margins.
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