Reported about 8 hours ago
California Governor Gavin Newsom has extended rent price-gouging protections amid ongoing wildfires displacing residents. However, real estate expert Josh Altman warns that despite these efforts, the potential for landlords to exploit the situation remains. He notes that demand for housing remains high, as many people are willing to pay for rentals backed by insurance, raising concerns about the effectiveness of the rent cap.
Source: YAHOO