https://www.nytimes.com/2025/01/10/business/california-fires-rent-price-gouging.html
People in other social media are going to argue this is caused by reduced supply, but there’s no way the adjustments happen this quickly. This is a choice by landlords to bet that people who suddenly lose their homes will be more desperate and willing to sign a more expensive lease.
A finance bro will unironically tell you that the "demand futures" have risen and you have to pay accordingly
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.
The cruelty that this system encourages us to visit upon each other sometimes make me want stay in bed and never leave.
But sure. It’s gay people who should provoke the ire of religious groups and not this shameless display of hedonistic gluttony?