As rents rise, tenants are banding together on social media and shaming landlords and real estate agents for asking too much for listings.
The Facebook post seemed straightforward enough, offering up a newly built ADU rental in Burbank. Two bedrooms, two bathrooms, 1,000 square feet. A private yard. Finishes 'you wouldn't find in any other ADU.' The price? $4,500 per month. 'Dam, ya'll need to chill out!! $4,500 for an ADU??' 'Let the rich become richer having the poor paying their mortgage.' 'The greed is VERY REAL here.' 'No wonder there are no pictures.
If he sees a landlord on social media asking too much for a rental, he calls it out to make sure others don't fall into the same situation he did. In the decade that Eckstein has lived here, rent prices have nearly doubled. In 2014, the average price for an apartment in L.A. County was $1,471, The Times reported. Today, the median rent in the L.A. metro area is $2,796, according to Zillow. Last year, L.A.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Neil Gorsuch Breaks With Supreme Court Over New York Housing CaseA group of New York landlords argued that rent stabilization laws violated the Takings Clause.
Read more »
LA City Council to vote on rent control amendment amid looming rent freeze expirationThe council will vote Tuesday on a plan to allow up to 6% rent increase, for rent-stabilized units.
Read more »
Jersey City tenants claim landlord used dead fish to force them outThe foul allegations came to light at a public hearing where the landlord is petitioning the city’s Rent Leveling Board to raise the rent-controlled building’s rent.
Read more »
Landlords are using AI to raise rents — and California cities are leading the pushbackCalifornia and federal prosecutors have accused software company RealPage of enriching itself ”at the expense of renters who pay inflated prices.”
Read more »
Landlords are using AI to raise rents — and California cities are leading the pushbackIf you’ve hunted for apartments recently and felt like all the rents were equally high, you’re not crazy: Many landlords now use a single company’s software — which uses an algorithm based on proprietary lease information — to help set rent prices.
Read more »
Landlords are using AI to raise rents — and California cities are leading the pushbackIf you’ve hunted for apartments recently and felt like all the rents were equally high, you’re not crazy: Many landlords now use a single company’s software — which uses an algorithm based on proprietary lease information — to help set rent prices.
Read more »