Supply-demand imbalance from fires stokes LA rent price-gouging

by Kari Hamanaka, Adam Farence

L.A.’s high-end rental market has brought out the best and worst in people as dwindling supply and bidding wars fuel inflation. “It’s incredible. This is where we really see true colors in people,” Pardee Properties CEO Tami Pardee said Friday of what she’s seeing in the rental market.   MarketWatch, citing an estimate from CoStar Director […]This article originally appeared on The Real Deal. Click here to read the full story.

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