Displaced Los Angeles-area residents face spiking rents as authorities warn of price gouging

Published Tue, Jan 14 20258:46 AM ESTUpdated Tue, Jan 14 20259:04 AM EST

An aerial view of a fire truck near homes destroyed in the Palisades Fire as wildfires cause damage and loss through the LA region on January 13, 2025 in Pacific Palisades, California. Mario Tama | Getty Images

Joe Thompson’s desperate post-wildfire scramble to find a new place for his family to live led him Saturday to a five-bedroom home in Santa Monica, California, that had been put on the market the day before for $28,000 a month — more than double the rent posted a year ago. The agent was asking for three months’ rent up front and already had applications from multiple people.LEARN MORE…

Visit my website at: https://www.anastasiakaufman.com/

Here’s my Facebook Account: https://www.facebook.com/AnastasiaRealtor/

Anastasia Kaufman, GRI,ABR,SFR,CDPE,SRS

Cell: 401-338-2749

Email: Anastasia@anastasiakaufman.com