News
Los Angeles Fires Are Exacerbating the City’s Housing Crisis
Landlords and real estate agencies are jacking up the rent on houses as demand outstrips supply in fire-torn LA.
By Kiley Price
As the Los Angeles area fires rage on, tens of thousands of people are left displaced. Those who lost homes to the flames are scrambling to find new or temporary housing, but face a massive barrier: Many listing prices on the market have shot up—by a lot.