A Boring Dystopia

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Landlords are price gouging wildfire victims (archive.ph)

submitted 3 weeks ago by [email protected] to c/[email protected]

41 comments fedilink hide all child comments

An excerpt from the article:

Ms. Jones has been scouring the West Los Angeles rental market to find a house that the family could rent for the next eight months, or longer. On Friday morning, she noticed something disturbing on the rents of at least three of the properties she had been tracking: 15 to 20 percent increases overnight.

The sudden surge in rental costs took Ms. Jones by surprise, but aligned with what she has noticed since wildfires started to tear through the Los Angeles area on Tuesday. Ms. Jones was touring a rental house in Beverly Hills with her client on Thursday when the listing agent raised the monthly cost by $3,000 — on the spot. Agents and landlords are aware that some displaced Angelenos might be willing to pay given the circumstance.

“People are so panicked and desperate to get into a house right now that they’re just throwing money into the wind,” Ms. Jones said. “People taking advantage of this. It’s horrendous.”

And now, totally unrelated to this, the definition of "parasitism":

Association between two different organisms wherein one benefits at the expense of the other.

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[–] [email protected] 29 points 3 weeks ago (3 children)

The people who are looking for a rental in this article and who lost their Pacific Palisades home make an order of magnitude more money than you or I would ever expect to make

[–] [email protected] 21 points 3 weeks ago

The indignity of living 6-figure paycheck to 6-figure paycheck.

[–] [email protected] 14 points 3 weeks ago (1 children)

The rich are surprised because now -they- are the ones being taken advantage of.

[–] [email protected] 7 points 3 weeks ago

What's this? The consequences of my lifestyle choices and actions??? But I was assured the lepards wouldn't eat MY face!!! I'm one of the lepards!!!

[–] [email protected] 1 points 2 weeks ago (1 children)

some. some were living in generational homes and clinging on.

[–] [email protected] 1 points 2 weeks ago

Sure, but those folks probably aren't looking at $20,000/month rentals