Displaced renters in Los Angeles worry about steep rent increases after devastating wildfires destroyed their homes
Officials have warned landlords against price gouging, but many are still worried. Some displaced residents fear they’ll have to pay up to 50% more for new homes.
California’s Attorney General Rob Bonta has sent warning letters to over 200 landlords accused of hiking prices by as much as 124%. He’s serious about stopping this.
The fires have been devastating. At least 27 lives were lost, and thousands of homes were destroyed. People like Marcela Banuelos watched their apartments burn down.
Marcela, who rented a studio for $1,200, is now looking at rents that could be 30% higher in Pasadena. She’s scared of being priced out of her neighborhood.
Jacinto De La Torre, another victim, lost his two-bedroom home. He’s worried he’ll have to pay around $2,500 for a similar place now.
Epi Cruz is also searching for a new apartment after losing his home. He’s hoping to find something affordable while his insurance covers his rent.
Bonta’s office is investigating price gouging to protect those affected. He wants to ensure families can find safe places to stay during this tough time.
