Landlords in Los Angeles are profiting from the wildfires. Tens of thousands of people need a house. However, some landlords increased their rents by thousands of dollars. Some rents doubled. Making money in a crisis is called price gouging. California introduced a law against price-gouging law last week.
The wildfires shocked America. Many of LA's most exclusive areas have gone. Actress Paris Hilton lost her house. She wrote: "It feels like my heart has shattered into a million pieces." Beyonce's mother also lost her house. She wrote: "It was my favourite place. Now it is gone." Many people say climate change caused the fires.
Try the same news story at these levels:
Los Angeles Fires - Level 1, Los Angeles Fires - Level 2 or Los Angeles Fires - Level 3
Sources- https://www.newsweek.com/la-renters-pride-gouging-los-angeles-wildfires-2013645
- https://www.cbsnews.com/news/los-angeles-wildfire-evacuees-price-gouging-predatory-businesses-landlords/
- https://www.yahoo.com/news/hundreds-of-la-landlords-hike-rents-to-capitalize-on-desperate-fire-evacuees-202317417.html
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