Did Landlords Force Out Tenants To Gentrify Apartments?
"The Los Angeles city attorney's office said Wednesday that it had filed suit against a group of property owners, including the Chans' landlord, accusing them of pushing out rent-control tenants so they could upgrade the units and rent them back out at much higher rates.
The owners allegedly picked apartment buildings with care, looking in swiftly gentrifying neighborhoods that included Hollywood, downtown, Westlake and Los Feliz. They sought rent-controlled buildings, which yielded low revenue and therefore cost less to buy, authorities said. The firms purchased more than 25 properties in all, then used a variety of intimidation tactics to force the residents out, according to allegations contained in court papers.
The charges come as city officials are grappling with the fallout from the gentrification that is sweeping neighborhoods across the region."