Rents will go up as thousands of displaced homeowners and tenants hit an already tight market, analysts and advocates said. Insurance costs, contracting and permitting are among the myriad of stressors added to L.A.’s housing challenges, many of which were already at risk of worsening.
Every single person (or company CEO) within 100 miles that has raised rent after the wildfires started should be fined their entire previous years income (not their profit, every single dollar that was paid to them), and put in prison for a at least one year. That fine should go to a relief fund to help the people that need it.
They (and their immediate family) should also be barred from owning more than one property and ever renting our property again. Their business should liquidated and all assets sold off and the funds from that added to said relief fund.
Unless they can 100% prove that the raise in rent was either automatic and scheduled before a certain period and below a certain threshold.
Doesn’t matter of it was automatic or scheduled. After this fucking tragedy began, they should have immediately halted the raises. Anyone with a conscience would.