The most competitive markets this year share characteristics such as relative affordability and “supply that trails demand,” according to Zillow. Taking the top spot in the ranking is Buffalo, New York, followed by Indianapolis and Providence, Rhode Island.

A new study by a tenant advocacy group shows a major increase in rent prices across the Los Angeles area during Southern California’s recent wildfires despite laws preventing price gouging

Within days of the historic fires in Los Angeles County, advocates began tracking listings for rental housing on Zillow that raised asking rents far above the 10% limit under California’s law ...

Because California is in a state of emergency, laws targeting price-gouging, including a ban on landlords raising rents by more than 10 percent of pre-emergency levels, should be in effect. But that hasn't deterred some landlords from apparently raising their rents by far more than that,

Tenant advocacy groups, landlord associations and elected officials are condemning rent gouging after tens of thousands of people were displaced in deadly fires this month.

A small army of activists has mobilized to try to hold landlords accountable for price gouging on their rental listings after the Los Angeles wildfires.

Some landlords are hiking prices beyond the 10% the law allows. Some listings have increased thousands of dollars a month.

Gwyneth Paltrow’s 1950s house in the Lower Mandeville Canyon neighbourhood of Los Angeles has sold for $US22 million ($AU35.2 million) after seven months on the market. It’s substantially less than her original asking price of $US29,990,000 ($AU48 million).

Ilan Kenig, the CEO of multifamily firm FMB Development, is in danger of parting with a Beverly Hills mansion just months after losing a Pacific Palisades home to foreclosure, The Real Deal has learned.

The City Council will consider a package of tenant protections — including the possibility of enacting a one-year freeze on increasing rent — with the aim of preventing evictions of residents who were displaced or impacted by the multiple fires that burned Los Angeles.

The Los Angeles City Council on Wednesday will consider a package of tenant protections -- including the possibility of enacting a one-year freeze on increasing rent -- with the aim of preventing evictions of residents who were displaced or impacted by the fires.