Rental housing startup Blueground accused of gouging LA fire victims

Rental housing startup Blueground accused of gouging LA fire victims

It allegedly jacked up rents for furnished apartments in Los Angeles — more than 50% in one example — after last month’s wildfires.

VC-backed startup accused of gouging Los Angeles fire victims on rent

By Robert Burnson | Bloomberg A venture capital-backed startup illegally jacked up rents for furnished apartments in Los Angeles — more than 50% in one example — after last month’s wildfires that destroyed thousands of homes, the city attorney’s office alleged in a lawsuit. Blueground US Inc. violated California’s anti-gouging law, which prohibits rent hikes of more than 10% after a state of emergency is issued, City Attorney Hydee Feldstein Sot…

VC-Backed Startup Accused of Gouging LA Fire Victims on Rent

A venture capital-backed startup illegally jacked up rents for furnished apartments in Los Angeles — more than 50% in one example — after last month’s wildfires that destroyed thousands of homes, the city attorney’s office alleged in a lawsuit.