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In Los Angeles’ high-end rental market, it’s long been common to find homes advertised for $10,000 a month or more. But in the wake of this month’s devastating wildfires in Pacific Palisades ...
The recent cluster of California wildfires – which have killed at least 29 people and destroyed more than 16,000 structures – is only the latest fire event to have an impact on the local real ...
Tenant groups in San Francisco and Los Angeles claim that California landlords commonly misuse the Ellis Act "to bypass rent control" [23] [24] and to cash in during peak housing market periods [25] by managing rent-stabilized properties to vacancy, when they might demolish buildings to build pricey condominiums, retenant newly-vacated units at ...
Reasons given for these laws include residents owning their homes while renting the land the home sits on, the high cost of moving mobile homes, and the loss of home value when they are moved. California, for example, has only 13 local apartment rent control laws but over 100 local mobile home rent control laws. [citation needed] No new mobile ...
When it comes to renting luxury homes for parties, Justin Combs, son of the alleged freak-off throwing Sean “Diddy” Combs, might be locked out of the market.. A broker of mansions in Southern ...
California in 2017 is home to an oversized share of the nation's homeless: 22%, for a state whose residents only make up 12% of the country's total population. [23]: 1 [102] The Sacramento Bee notes that large cities like Los Angeles and San Francisco both attribute their increases in homeless to the housing shortage.
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