February 5, 2025 - 06:49

The Los Angeles City Attorney's office has initiated legal action against the real estate company Blueground, claiming that the firm engaged in illegal price gouging practices amid the ongoing crisis caused by recent fires. The lawsuit alleges that Blueground took advantage of the emergency situation by significantly raising rental prices, thereby exploiting vulnerable residents who were in desperate need of housing.
City officials have expressed their commitment to protecting consumers and ensuring that businesses adhere to the laws designed to prevent price gouging during emergencies. The complaint highlights specific instances where rental prices were allegedly inflated beyond reasonable limits, making it difficult for individuals and families affected by the fires to secure affordable accommodations.
As the legal proceedings unfold, the City Attorney's office is urging other businesses to comply with existing regulations and refrain from taking advantage of the crisis. This case reflects a broader effort to hold companies accountable for their actions during emergencies and to safeguard the interests of the community.
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City Council mulling lowering proposed real estate tax hike by a pennyIn a move that could ease the financial strain on residents, the City Council is actively exploring options to reduce a previously proposed real estate tax increase. New discussions indicate the...
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See inside: $19M Lake Norman estate could set a local record for priciest saleA breathtaking waterfront estate on Lake Norman has hit the market for $19 million, a price point that could establish a new benchmark for the area`s luxury real estate. This opulent property...
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Aon Appoints Winnie Loh as Real Estate and Data Centre Leader for Southeast AsiaSINGAPORE – Aon plc, a prominent global professional services firm, has announced the strategic appointment of Winnie Loh as its Real Estate and Data Centre Leader for Southeast Asia. This move...
April 6, 2026 - 18:41
Former Chicago Ald. Edward Burke lists Southwest Side home for $1.5MThe longtime Southwest Side home of former Chicago Alderman Edward Burke and his wife, retired Illinois Supreme Court Justice Anne M. Burke, has officially hit the market. The prominent couple is...