Price gouging laws are being ignored by landlords, says estate agent

An executive order designed to speed up the rebuilding of lost homes in LA has been put in place by California Governor Gavin Newsom.
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The order suspends Ceqa review and the California Coastal Act, which work to minimise the environmental impact of proposed building projects, as well as suspending some permits in order to make rebuilding quicker and more affordable.

There are also protections against price gouging on services related to the fires such as building materials and storage services.

He says "one thing I won't give in to is delay. Delay is denial for people."
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"The executive order I signed today will help cut permitting delays, an important first step in allowing our communities to recover faster and stronger."

Price gouging laws are being ignored by landlords, says estate agent
published at 14:39
14:39
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Jason Oppenheim shot from shoulders up, smiling and looking to right
Image source,Getty Images
Let's bring you a bit more about reports of price gouging by landlords in Los Angeles, which we reported on earlier.

Speaking a little earlier on BBC's Sunday with Laura Kuenssberg programme, Jason Oppenheim, a real estate agent in Los Angeles, says some landlords are breaking the law by raising rents more than 10% high than pre-disaster prices.

"We're having landlords taking advantage of the situation," says Oppenheim, who stars in the reality show Selling Sunset about LA's luxury real estate market.

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"There are thousands of people who are displaced...the hotels are overwhelmed," he says.

Oppenheim says he sent a client to a rental property which was listed for $13,000 (?11,000) a month. "(My client) offered $20,000 (?16,400) a month and he offered to pay six months upfront and the landlord said 'no, I want $23,000 (?19,000) a month'," he says.

"There are price gouging laws in California, they are just being ignored right now...it's illegal to take advantage of a natural disaster."


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