1 day ago · The recent fires in Pacific Palisades and Altadena, California forced thousands of people into an already unforgiving LA real estate market and sparked fears of price gouging. Gov. Gavin Newsome ...

2 days ago · The Los Angeles City Atty's office has filed a lawsuit against real estate firm Blueground, alleging it violated anti-price gouging rules in place because of the fires.

2 days ago · A group of tenant advocates, including Kirk, released a report last month that found 1,300 instances of price gouging on Zillow in the first week and a half after the fires started. Since then ...

Price gouging restrictions remain in effect through March 8, 2025. LOS ANGELES — California Attorney General Rob Bonta today announced the filing of charges against a real estate agent, alleging that she attempted to price gouge a family who was evacuated due to the Los Angeles Eaton Fire. This investigation was the result of review of ...

Jan 14, 2025 · If you are a consumer who believes they may be a victim of price gouging as it relates to real estate transactions and rental housing, complaints can be submitted to DRE at: https://dre.ca.gov/Consumers/FileComplaint.html.

Jan 14, 2025 · California’s Penal Code Section 396 is designed to prevent price gouging during times of crisis by prohibiting excessive and unjustified price increases on essential goods and services, including rental housing, during and shortly after a declared state of emergency.

Jan 14, 2025 · “Gouging” is defined as raising the rent − or price of goods and services − more than 10% from the last marketed price. If you’re a tenant now, you know what your rent is, but someone looking...

Jan 16, 2025 · Landlords decide to raise them — and there’s evidence that’s happening all over LA right now, despite laws designed to prevent them from price-gouging during an emergency.

4 days ago · Residential real estate in the United States is worth nearly $50 trillion — nearly double the size of the entire gross domestic product. ... But those discounts “muffled the free market price ...

Mar 3, 2023 · Consumers and politicians across the country are complaining about price gouging. But when do prices cross the line from market-rate to exorbitant — or even unethical?