LA agent charged with rental price gouging as fires continue

Mike Kobeissi, president and broker of Kobeissi Properties, told Inman that the state’s district attorneys had got their facts bungled and that the property in question had been rented out to the couple at a reduced rate once it became known they were … Continue reading

Wildfires don’t discriminate, but people do. Fight back with fairness

As real estate first responders, Dr. Lee Davenport writes, let us be mindful to fight fire with fairness and fair housing in mind. Continue reading

LA agents implore government to pause ULA Tax in wake of wildfires

Authored by Jason Oppenheim and Ben Belack, the letter, signed by 45 agents, also asks government officials to increase California FAIR Plan wildfire insurance coverage, make an exception for building codes, pause property taxes and more. Continue reading

Short-term rentals decrease hotel prices, making holiday travel cheaper

Experts agree that consumers save more, when there’s more short-term rentals. One study found that’s even more concentrated near holidays. Continue reading

California Attorney General warns of price-gouging amid fires

State law specifically prohibits charging a price that exceeds, by more than 10 percent, the price of an item prior to the declaration of a state emergency. Continue reading