VC-Backed Landlord Faces Allegations of Rent Gouging Against LA Fire Victims

A prominent landlord backed by venture capital funding is in hot water as accusations of exploiting victims of recent Los Angeles wildfires come to light. Tenants who were displaced by the catastrophic fires allege that the landlord, which has garnered millions in backing from major investors, has significantly inflated rental prices for available housing in the aftermath of the devastation.

Continue reading