{"id":139989,"date":"2025-01-29T00:09:55","date_gmt":"2025-01-28T17:09:55","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=139989"},"modified":"2025-01-29T00:09:55","modified_gmt":"2025-01-28T17:09:55","slug":"california-wildfires-fuel-los-angeles-housing-crisis-driving-up-rents-prices","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=139989","title":{"rendered":"California wildfires fuel Los Angeles housing crisis driving up rents, prices"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div>\n<div class=\"featured featured-video video-ct\">\n<div class=\"video-wrapper\">\n<div class=\"video-container\">\n<div data-widget-type=\"embed\" data-video-id=\"fmc-dsac21gk7dygw0d0\" class=\"m video-player\"><a href=\"\" class=\"video-link\"><span class=\"overlay\"\/> <picture><source media=\"(max-width: 767px)\" width=\"640\" height=\"358\" srcset=\"https:\/\/images.foxweather.com\/static-media.fox.com\/fmc\/prod\/weather\/37466055641\/320\/179\/8oqp8eva5y459li2.jpg?ve=1&amp;tl=1, https:\/\/images.foxweather.com\/static-media.fox.com\/fmc\/prod\/weather\/37466055641\/640\/358\/8oqp8eva5y459li2.jpg?ve=1&amp;tl=1 2x\"><source media=\"(min-width: 768px) and (max-width: 1023px)\" width=\"1536\" height=\"864\" srcset=\"https:\/\/images.foxweather.com\/static-media.fox.com\/fmc\/prod\/weather\/37466055641\/768\/432\/8oqp8eva5y459li2.jpg?ve=1&amp;tl=1, https:\/\/images.foxweather.com\/static-media.fox.com\/fmc\/prod\/weather\/37466055641\/1536\/864\/8oqp8eva5y459li2.jpg?ve=1&amp;tl=1 2x\"><source media=\"(min-width: 1024px)\" width=\"1984\" height=\"1116\" srcset=\"https:\/\/images.foxweather.com\/static-media.fox.com\/fmc\/prod\/weather\/37466055641\/992\/558\/8oqp8eva5y459li2.jpg?ve=1&amp;tl=1, https:\/\/images.foxweather.com\/static-media.fox.com\/fmc\/prod\/weather\/37466055641\/1984\/1116\/8oqp8eva5y459li2.jpg?ve=1&amp;tl=1 2x\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/images.foxweather.com\/static-media.fox.com\/fmc\/prod\/weather\/37466055641\/992\/558\/8oqp8eva5y459li2.jpg?ve=1&amp;tl=1\" alt=\"Matt Bodourian and his family lost their home three weeks ago when the wildfires in California were at their peak. He joined FOX Weather to talk about their resilience in the weeks since the fire burned their home to the ground.\u00a0\" width=\"992\" height=\"558\"\/><\/source><\/source><\/source><\/picture><\/a> <!----><\/div>\n<\/div>\n<div class=\"info\">\n<div class=\"caption\">\n<p class=\"sub-text\">Matt Bodourian and his family lost their home three weeks ago when the wildfires in California were at their peak. He joined FOX Weather to talk about their resilience in the weeks since the fire burned their home to the ground.\u00a0<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p data-v-438398f6=\"\"><strong>LOS ANGELES <\/strong>\u2013 The <a href=\"https:\/\/www.foxweather.com\/category\/california-wildfires\" target=\"_blank\" rel=\"noopener\">recent infernos in Southern California<\/a> have ignited a housing crisis, with rental prices exploding and <a href=\"https:\/\/www.foxweather.com\/category\/home\" target=\"_blank\" rel=\"noopener\">home<\/a> values reeling across the region, according to one senior real estate analyst.<\/p>\n<p data-v-438398f6=\"\">&#8220;The <a href=\"https:\/\/www.foxweather.com\/local-weather\/california\/los-angeles\" target=\"_blank\" rel=\"noopener\">Los Angeles<\/a> rental market is experiencing a surge in demand from those who lost their homes or can\u2019t return to them after getting severe damage from recent wildfires,&#8221; said Laura Adams with <a href=\"https:\/\/www.aceableagent.com\/\" target=\"_blank\" rel=\"noopener\">AceableAgent<\/a><a>, <\/a>an online <a href=\"https:\/\/www.foxweather.com\/category\/educational\" target=\"_blank\" rel=\"noopener\">educational<\/a> platform and resource for agents.\u00a0<\/p>\n<p data-v-438398f6=\"\"><a href=\"https:\/\/www.foxweather.com\/weather-news\/palisades-eaton-wildfires\" target=\"_blank\" rel=\"noopener\"><strong>INSURED LOSSES FROM LOS ANGELES FIRESTORM ESTIMATED TO BE IN EXCESS OF $28 BILLION<\/strong><\/a><\/p>\n<div class=\"featured featured-video video-ct\">\n<div class=\"video-wrapper\">\n<div class=\"video-container\">\n<div data-widget-type=\"embed\" data-video-id=\"fmc-vdjgtn8jdz2sv81z\" class=\"m video-player\"><a href=\"\" class=\"video-link\"><span class=\"overlay\"\/> <picture><source media=\"(max-width: 767px)\" width=\"640\" height=\"358\" srcset=\"https:\/\/images.foxweather.com\/static-media.fox.com\/fmc\/prod\/weather\/37468630418\/320\/179\/7c6itkj3qqcua4y6.jpg?ve=1&amp;tl=1, https:\/\/images.foxweather.com\/static-media.fox.com\/fmc\/prod\/weather\/37468630418\/640\/358\/7c6itkj3qqcua4y6.jpg?ve=1&amp;tl=1 2x\"><source media=\"(min-width: 768px) and (max-width: 1023px)\" width=\"1536\" height=\"864\" srcset=\"https:\/\/images.foxweather.com\/static-media.fox.com\/fmc\/prod\/weather\/37468630418\/768\/432\/7c6itkj3qqcua4y6.jpg?ve=1&amp;tl=1, https:\/\/images.foxweather.com\/static-media.fox.com\/fmc\/prod\/weather\/37468630418\/1536\/864\/7c6itkj3qqcua4y6.jpg?ve=1&amp;tl=1 2x\"><source media=\"(min-width: 1024px)\" width=\"1984\" height=\"1116\" srcset=\"https:\/\/images.foxweather.com\/static-media.fox.com\/fmc\/prod\/weather\/37468630418\/992\/558\/7c6itkj3qqcua4y6.jpg?ve=1&amp;tl=1, https:\/\/images.foxweather.com\/static-media.fox.com\/fmc\/prod\/weather\/37468630418\/1984\/1116\/7c6itkj3qqcua4y6.jpg?ve=1&amp;tl=1 2x\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/images.foxweather.com\/static-media.fox.com\/fmc\/prod\/weather\/37468630418\/992\/558\/7c6itkj3qqcua4y6.jpg?ve=1&amp;tl=1\" alt=\"Brenda King lived in Altadena with her son when the Eaton Fire destroyed her home and many others in her city. She describes what recovery has been like in the past few weeks.\u00a0\" width=\"992\" height=\"558\"\/><\/source><\/source><\/source><\/picture><\/a> <!----><\/div>\n<\/div>\n<div class=\"info\">\n<div class=\"caption\">\n<p class=\"sub-text\">Brenda King lived in Altadena with her son when the Eaton Fire destroyed her home and many others in her city. She describes what recovery has been like in the past few weeks.\u00a0<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p data-v-438398f6=\"\">The long-term consequences of the ongoing <a href=\"https:\/\/www.foxweather.com\/category\/wildfires\" target=\"_blank\" rel=\"noopener\">wildfires<\/a> on the region&#8217;s real estate market remain to be seen. However, the <a href=\"https:\/\/www.foxweather.com\/category\/disasters\" target=\"_blank\" rel=\"noopener\">disaster<\/a> has clearly created a significant and complex set of challenges for residents across the city. With an estimated 10,000 homes destroyed and 40,000 residents displaced, real estate agents are seeing a perfect storm.<\/p>\n<p data-v-438398f6=\"\">&#8220;The increased demand and loss of available homes will cause a spike in housing prices to rent or buy in the foreseeable future,&#8221; Adams notes.<\/p>\n<p data-v-438398f6=\"\"><a href=\"https:\/\/www.foxweather.com\/lifestyle\/california-wildfires-firewives-community-support-family\" target=\"_blank\" rel=\"noopener\"><strong>WAITING FOR DADDY: TOLL OF CALIFORNIA WILDFIRES HANGS HEAVY ON FIREFIGHTERS&#8217; FAMILIES<\/strong><\/a><\/p>\n<div class=\"featured featured-image component-center\">\n<div class=\"m\"><picture><source media=\"(max-width: 767px)\" srcset=\"https:\/\/images.foxweather.com\/static.foxweather.com\/www.foxweather.com\/content\/uploads\/2025\/01\/288\/162\/gettyimages-2192418156.jpg?ve=1&amp;tl=1, https:\/\/images.foxweather.com\/static.foxweather.com\/www.foxweather.com\/content\/uploads\/2025\/01\/576\/324\/gettyimages-2192418156.jpg?ve=1&amp;tl=1 2x\" width=\"576\" height=\"324\"><source media=\"(min-width: 768px) and (max-width: 1023px)\" srcset=\"https:\/\/images.foxweather.com\/static.foxweather.com\/www.foxweather.com\/content\/uploads\/2025\/01\/720\/405\/gettyimages-2192418156.jpg?ve=1&amp;tl=1, https:\/\/images.foxweather.com\/static.foxweather.com\/www.foxweather.com\/content\/uploads\/2025\/01\/1440\/810\/gettyimages-2192418156.jpg?ve=1&amp;tl=1 2x\" width=\"1440\" height=\"810\"><source media=\"(min-width: 1024px)\" srcset=\"https:\/\/images.foxweather.com\/static.foxweather.com\/www.foxweather.com\/content\/uploads\/2025\/01\/668\/376\/gettyimages-2192418156.jpg?ve=1&amp;tl=1, https:\/\/images.foxweather.com\/static.foxweather.com\/www.foxweather.com\/content\/uploads\/2025\/01\/1336\/752\/gettyimages-2192418156.jpg?ve=1&amp;tl=1 2x\" width=\"1336\" height=\"752\"><img loading=\"lazy\" decoding=\"async\" width=\"668\" height=\"376\" src=\"https:\/\/images.foxweather.com\/static.foxweather.com\/www.foxweather.com\/content\/uploads\/2025\/01\/668\/376\/gettyimages-2192418156.jpg?ve=1&amp;tl=1\" alt=\"A for sale sign remains as homes and cars smolder during the Eaton fire in the Altadena area of Los Angeles County, California on January 8, 2025.\"\/><\/source><\/source><\/source><\/picture><\/div>\n<div class=\"info\">\n<div class=\"caption\">\n<p class=\"title\">A for sale sign remains as homes and cars smolder during the Eaton Fire in the Altadena area of Los Angeles County, California on January 8, 2025.<\/p>\n<p class=\"sub-text\"><strong> (JOSH EDELSON\/AFP \/ Getty Images)<\/strong><\/p>\n<\/div>\n<\/div>\n<\/div>\n<p data-v-438398f6=\"\">Neighborhoods untouched by the flames are experiencing a significant influx of displaced residents seeking shelter.\u00a0<\/p>\n<p data-v-438398f6=\"\">&#8220;So, they will see an increase in demand and prices, such as rents climbing hundreds or thousands of dollars a month, depending on the location, size and amenities,&#8221; Adams told FOX Weather.<\/p>\n<p data-v-438398f6=\"\">Some areas of Los Angeles have rent control that limits how much a landlord can increase the rent when an existing lease ends. Also, according to the <a href=\"https:\/\/dcba.lacounty.gov\/portfolio\/price-gouging\/\" target=\"_blank\" rel=\"nofollow noopener\">Los Angeles County Department of Consumer and Business Affairs<\/a>, the price of goods and services, including rental housing, hotels and emergency supplies, can\u2019t be hiked more than 10% during an emergency.\u00a0<\/p>\n<p data-v-438398f6=\"\">Consumers are encouraged to report any suspected price gouging to the <a href=\"https:\/\/www.foxweather.com\/category\/california\" target=\"_blank\" rel=\"noopener\">California<\/a> Attorney General.<\/p>\n<p data-v-438398f6=\"\"><a href=\"https:\/\/www.foxweather.com\/how-to-watch-fox-weather-on-tv\" target=\"_blank\" rel=\"noopener\"><strong>HOW TO WATCH FOX WEATHER<\/strong><\/a><\/p>\n<div class=\"featured featured-video video-ct\">\n<div class=\"video-wrapper\">\n<div class=\"video-container\">\n<div data-widget-type=\"embed\" data-video-id=\"fmc-slq8dd8iek0u1wf1\" class=\"m video-player\"><a href=\"\" class=\"video-link\"><span class=\"overlay\"\/> <picture><source media=\"(max-width: 767px)\" width=\"640\" height=\"358\" srcset=\"https:\/\/images.foxweather.com\/static-media.fox.com\/fmc\/prod\/weather\/37198830913\/320\/179\/npd42lvmbszj9jdd.jpg?ve=1&amp;tl=1, https:\/\/images.foxweather.com\/static-media.fox.com\/fmc\/prod\/weather\/37198830913\/640\/358\/npd42lvmbszj9jdd.jpg?ve=1&amp;tl=1 2x\"><source media=\"(min-width: 768px) and (max-width: 1023px)\" width=\"1536\" height=\"864\" srcset=\"https:\/\/images.foxweather.com\/static-media.fox.com\/fmc\/prod\/weather\/37198830913\/768\/432\/npd42lvmbszj9jdd.jpg?ve=1&amp;tl=1, https:\/\/images.foxweather.com\/static-media.fox.com\/fmc\/prod\/weather\/37198830913\/1536\/864\/npd42lvmbszj9jdd.jpg?ve=1&amp;tl=1 2x\"><source media=\"(min-width: 1024px)\" width=\"1984\" height=\"1116\" srcset=\"https:\/\/images.foxweather.com\/static-media.fox.com\/fmc\/prod\/weather\/37198830913\/992\/558\/npd42lvmbszj9jdd.jpg?ve=1&amp;tl=1, https:\/\/images.foxweather.com\/static-media.fox.com\/fmc\/prod\/weather\/37198830913\/1984\/1116\/npd42lvmbszj9jdd.jpg?ve=1&amp;tl=1 2x\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/images.foxweather.com\/static-media.fox.com\/fmc\/prod\/weather\/37198830913\/992\/558\/npd42lvmbszj9jdd.jpg?ve=1&amp;tl=1\" alt=\"Malibu was ravaged by the Palisades Fire, and now, remnants of the homes along the Pacific Coast Highway are left behind. Drone video shows the destruction in the daylight.\u00a0\" width=\"992\" height=\"558\"\/><\/source><\/source><\/source><\/picture><\/a> <!----><\/div>\n<\/div>\n<div class=\"info\">\n<div class=\"caption\">\n<p class=\"sub-text\">Malibu was ravaged by the Palisades Fire, and now, remnants of the homes along the Pacific Coast Highway are left behind. Drone video shows the destruction in the daylight.\u00a0<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p data-v-438398f6=\"\">&#8220;Los Angeles was already in a housing shortage before the wildfires, so the disaster will cause an extreme shortage of homes to rent or buy,&#8221; Adams said.<\/p>\n<p data-v-438398f6=\"\">As insurance claims are submitted and paid to homeowners for their losses and temporary housing, many will be able to begin repairs and new construction. However, the process could take several years, depending on FEMA assistance, the local permitting process and the availability of skilled labor, Adams adds.<\/p>\n<p data-v-438398f6=\"\"><a href=\"https:\/\/www.foxweather.com\/lifestyle\/los-angeles-california-pacific-palisades-wildfire\" target=\"_blank\" rel=\"noopener\"><strong>STRANGERS GIVE HOPE TO LOS ANGELES SINGLE MOTHER AFTER HURRICANE OF FIRE TAKES EVERYTHING<\/strong><\/a><\/p>\n<div class=\"featured featured-video video-ct\">\n<div class=\"video-wrapper\">\n<div class=\"info\">\n<div class=\"caption\">\n<p class=\"sub-text\">Melanie Bonhomme is a single mother who lost her home to the Palisades Fire in Los Angeles. She fled just in time to escape the fire with her 4-year-old son. Now, Bonhomme is trying to figure out where to go next.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p data-v-438398f6=\"\">Yet the path forward for seniors is uncertain. According to Adams, many will need to weigh the financial feasibility of rebuilding against the appeal of relocating to more manageable living situations, such as low-maintenance condominiums.<\/p>\n<p data-v-438398f6=\"\">As firefighters gain the upper hand against the wildfires burning across the Los Angeles area for three weeks, with the trio of major blazes now at least 95% contained, <a href=\"https:\/\/www.foxweather.com\/weather-news\/los-angeles-wildfire-burn-scars-flood-watch-rain\" target=\"_blank\" rel=\"noopener\">a new threat looms: mudslides<\/a>. While much-needed rain has finally fallen, effectively dousing the flames, it has also saturated the scorched <a href=\"https:\/\/www.foxweather.com\/earth-space\" target=\"_blank\" rel=\"noopener\">Earth<\/a>, increasing the risk of devastating <a href=\"https:\/\/www.foxweather.com\/learn\/7-things-to-know-about-mudslides\" target=\"_blank\" rel=\"noopener\">mudflows<\/a> \u2013 likely damaging additional homes.<\/p>\n<\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.foxweather.com\/lifestyle\/southern-california-wildfires-los-angeles-rent-home-price\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Matt Bodourian and his family lost their home three weeks ago when the wildfires in California were at their peak. He joined FOX Weather to talk about their resilience in &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=139989\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9472],"tags":[],"class_list":["post-139989","post","type-post","status-publish","format-standard","hentry","category-weather","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/139989","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=139989"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/139989\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=139989"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=139989"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=139989"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}