Monday, January 13, 2025

Are your feelings precious? Is demand high? Is your supply running low?

"LAist texted her to ask if she was familiar with California’s disaster-related price gouging law. She texted back, 'Sorry can not talk right now,' then mentioned another listing in Mar Vista where she said one person offered $10,000 above the $15,000 asking rent.

She ended her text, saying, 'Supply & demand.'"

~ David Wagner 

"Asking rents skyrocket as LA fires destroy homes"

https://laist.com/news/housing-homelessness/los-angeles-palisades-fire-housing-rent-price-gouging-law-california-zillow-listing

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