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Podcast: News For Reasonable People
Episode: #2,718 - Relentless California wildfires fuel Los Angeles housing crisis driving up rents, prices
Description: Rental listings before and after the LA wildfires showed steep hikes in some parts of LA County, as the loss of thousands of homes sent people scrambling for alternate housing in the area.
Listed rental prices more than tripled in parts of Los Angeles after wildfires destroyed thousands of homes, despite anti-gouging rules.
A Washington Post analysis of listings data from property analytics service RentCast found that LA County rents overall jumped 20% two weeks after the disaster compared to two weeks before.
But individual neighborhoods and cities...