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There are reports that
in Los Angeles are profiting from the wildfires that have destroyed many communities and
of homes. Many people lost their homes in the
. They now have
to live. Tens of thousands of people are trying to find a
to rent. However, some landlords are suddenly raising their
by thousands of dollars. Local newspapers are reporting that some rents in L.A. have doubled since the wildfires began. Trying to make a
in a crisis is called price
. California Governor Gavin Newsom said he would introduce price-gouging
on January the 7th. This was after he declared a state of
.
