The most competitive markets this year share characteristics such as relative affordability and “supply that trails demand,” according to Zillow. Taking the top spot in the ranking is Buffalo, New York, followed by Indianapolis and Providence, Rhode Island.
A new study by a tenant advocacy group shows a major increase in rent prices across the Los Angeles area during Southern California’s recent wildfires despite laws preventing price gouging
Within days of the historic fires in Los Angeles County, advocates began tracking listings for rental housing on Zillow that raised asking rents far above the 10% limit under California’s law ...
Because California is in a state of emergency, laws targeting price-gouging, including a ban on landlords raising rents by more than 10 percent of pre-emergency levels, should be in effect. But that hasn't deterred some landlords from apparently raising their rents by far more than that,
Tenant advocacy groups, landlord associations and elected officials are condemning rent gouging after tens of thousands of people were displaced in deadly fires this month.
With inventory reduced and fire risk increased, both home prices and insurance rates could rise in Southern California.
L.A. homeowners lost one-of-a-kind pieces, family heirlooms and other priceless items to the recent wildfires.
Fueled by powerful winds and dry conditions, a series of ferocious wildfires erupted the second week of January and roared across the Los Angeles area.
Some landlords are hiking prices beyond the 10% the law allows. Some listings have increased thousands of dollars a month.
The self-driving taxi company Waymo launched in Los Angeles in November, bringing roughly 100 autonomous vehicles to neighborhoods from Santa Monica to West Hollywood.
Gwyneth Paltrow has sold her LA home for $8 million less than her original asking price. Last year, the lifestyle queen told the Wall Street Journal she was ready to sell as both children had moved out to go off to college.
The City Council will consider a package of tenant protections — including the possibility of enacting a one-year freeze on increasing rent — with the aim of preventing evictions of residents who were displaced or impacted by the multiple fires that burned Los Angeles.