00:00It's Benzinga bringing Wall Street to Main Street.
00:02Selling Sunset's Jason, Oppenheim has criticized landlords in Los Angeles for allegedly exploiting
00:07wildfire victims by illegally raising rental prices. Speaking on BBC1, Oppenheim shared that
00:12one landlord demanded $23,000 per month for property initially listed at $13,000,
00:18despite California's anti-price gouging laws. Oppenheim's luxury real estate business is
00:23offering its services free to displaced residents, with calls pouring in from those affected.
00:28Thousands of residents have been displaced by the wildfires, with median rent in LA at $2,800,
00:33compounding challenges for victims. California authorities have prohibited
00:36businesses from raising prices more than 10% above pre-disaster levels.
00:40For all things money, visit Benzinga.com slash GSTV.
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