Frenzied house hunters driven by desperation - Los Angeles Times
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People are desperate, local agents said. Their homes are in ashes, and they are looking for stability, somewhere for their family to go that's not a shelter, a friend's house or a hotel room. Some landlords are now sharply raising rent, even beyond what temporary price gouging protections allow. And some would-be renters are offering a year's rent upfront in cash and engaging in bidding wars.
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