Price Gouging Protections In Effect In Eight California Counties
As a powerful storm bringing high winds, damaging rain, and heavy snowfall makes landfall in California, Governor Newsom has proclaimed a state of emergency for Los Angeles, Orange, Riverside, San Bernardino, San Diego, San Luis Obispo, Santa Barbara, and Ventura counties.
The emergency proclamation includes provisions authorizing a California National Guard response if tasked, facilitating unemployment benefits for impacted residents, and making it easier for out-of-state contractors and utilities to repair storm damage. The emergency proclamation can be found here.
With the proclamation, price gouging protections immediately go into effect. Price gouging is defined as when a business, including self storage facilities, raise a price more than 10% of what it was before the state of emergency. These protections generally apply for 30 days after a declaration of emergency, although for reconstruction services and emergency cleanup services, protections apply for 180 days following the declaration.
More Content
Popular Posts
The self storage industry is in a precarious...
The REITs new pricing strategy – lowering...
With the approval of both companies’...
There are an estimated 700,000 hotels in the...
Boat and RV storage has morphed and...
In a booming economy, expendable income...
It’s odd that I ever get the “last word,”...
It’s said that necessity is the mother of...
Recent Posts
Being present in today’s world is more...
Branded marketing materials: Some people...
Back in the 1960s, an inventor formulated a...
Is self-storage still a local business?...
Disasters can strike unexpectedly, prompting...
Go to any self-storage event or attend any...
March 15, 2020: It was the day that the...