upper waypoint

Reports of Price-Gouging as Porter Ranch Families Look for Temporary Homes

Save ArticleSave Article
Failed to save article

Please try again

This four-bedroom 'estate house' in Northridge is advertised on Craigslist for $8,500. The rental market around Porter Ranch has gotten so hot that some home sellers have taken their houses off the market and put them on the short-term rental market. (Google Street View)

Thousands of families fleeing the ongoing gas leak near Porter Ranch for temporary homes have new problems: a low housing supply and sky-high rents.

Some landlords in nearby Woodland Hills and Northridge have jacked up rents since the gas leak was discovered in late October in Aliso Canyon. One four-bedroom home in Northridge is advertised on Craigslist for $8,500 as a "Huge Estate House Available, Perfect for Families Affected by Gas Leak."

Allen Brodetsky, president of Boutique Realty in Tarzana, said, "Where rental prices would normally go between $3,000 and $4,000, now landlords are asking $7,000, $8,000, $9,000 -- double, triple the rent of what it should be."

A screenshot of a Craigslist post advertising a home “perfect for families affected by gas leak.”
A screenshot of a Craigslist post advertising a home “perfect for families affected by gas leak.”

Brodetsky said that the rental market around Porter Ranch has gotten so hot that some home sellers, including a neighbor of his, have taken their houses off the market and put them on the short-term rental market.

Sponsored

There are rules against overcharging for housing and other goods and services in a disaster area. For example, state law bars landlords from hiking rents by more than 10 percent after a declaration of emergency, which Gov. Brown made on Wednesday.

The Los Angeles County Board of Supervisors also declared a state of emergency in December, under which similar restrictions on rent increases also take effect.

Read the full story via KPCC

lower waypoint
next waypoint
State Prisons Offset New Inmate Wage Hikes by Cutting Hours for Some WorkersCecil Williams, Legendary Pastor of Glide Church, Dies at 94Erik Aadahl on the Power of Sound in FilmFresno's Chinatown Neighborhood To See Big Changes From High Speed RailKQED Youth Takeover: How Can San Jose Schools Create Safer Campuses?How to Attend a Rally Safely in the Bay Area: Your Rights, Protections and the PoliceWill Less Homework Stress Make California Students Happier?Nurses Warn Patient Safety at Risk as AI Use Spreads in Health CareSilicon Valley House Seat Race Gets a RecountBill to Curb California Utilities’ Use of Customer Money Fails to Pass