A Boring Dystopia

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Landlords are price gouging wildfire victims (archive.ph)

submitted 1 day ago by Ragdoll_X@lemmy.world to c/aboringdystopia@lemmy.world

26 comments fedilink hide all child comments

An excerpt from the article:

Ms. Jones has been scouring the West Los Angeles rental market to find a house that the family could rent for the next eight months, or longer. On Friday morning, she noticed something disturbing on the rents of at least three of the properties she had been tracking: 15 to 20 percent increases overnight.

The sudden surge in rental costs took Ms. Jones by surprise, but aligned with what she has noticed since wildfires started to tear through the Los Angeles area on Tuesday. Ms. Jones was touring a rental house in Beverly Hills with her client on Thursday when the listing agent raised the monthly cost by $3,000 — on the spot. Agents and landlords are aware that some displaced Angelenos might be willing to pay given the circumstance.

“People are so panicked and desperate to get into a house right now that they’re just throwing money into the wind,” Ms. Jones said. “People taking advantage of this. It’s horrendous.”

And now, totally unrelated to this, the definition of "parasitism":

Association between two different organisms wherein one benefits at the expense of the other.

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[–] chryan@lemmy.world 11 points 12 hours ago (1 children)

15 to 20 percent increases overnight

the listing agent raised the monthly cost by $3,000

That's $15,000 a month, $180,000 a year before the price increase. Maybe try hunting for normal people rentals and others would have an ounce of care or sympathy for you.

I'd also wager that most of these people have properties themselves that they use to gouge money from others for "passive income". Well, they can passively suck it.

[–] archomrade@midwest.social 5 points 9 hours ago (1 children)

They're talking about a rental house, and in LA of all places

Everyone is in the same rental hellscape - you can sympathize with people being exploited even if they're in a different tax bracket than you. Have some class consciousness, jesus

[–] chryan@lemmy.world 3 points 2 hours ago* (last edited 2 hours ago) (1 children)

Class consciousness? Last I checked, a 3-4 bedroom rental house in the LA area has plenty of options in the $4k to $8k range.

Here's a few examples for you.

Zillow doesn't even have a "price minimum" filter option greater than $10k a month.

The article specifically states some rental properties were increased, and the only example they gave was a property in a range that literally 99% of the population can't afford. Is the 1% now suddenly in the same class that I need to be conscious about?

[–] archomrade@midwest.social 2 points 54 minutes ago

Class is about labor relations, not income.

At best those people are petty bourgeois, but they are still renting in this case, so still being exploited by a capitalist. By any marxist interpretation they'd still be working-class.