00:00This is something that I want to discuss because I think it should be exposed, but we're having landlords taking advantage of the situation.
00:07I had a client, we sent him to a house that was asking $13,000 a month.
00:12He offered $20,000 a month and he offered to pay six months up front.
00:17And the landlord said, no, I want $23,000 a month.
00:20You know, there are price gouging laws in California that are just being ignored right now.
00:24And this isn't the time to be taking advantage of situations.
00:27And it's also illegal to take advantage of a natural disaster.
00:31So do you think that landlords might be not just profiting during this emergency, but actually breaking the law?
00:37Absolutely. They are.
00:38I mean, I researched the law last night.
00:40You cannot charge more than 10 percent above pre-disaster market rates.
Comments