ARLINGTON, Va. | January 14, 2025 – Statement from National Apartment Association (NAA) President and CEO Bob Pinnegar on the tragic wildfires in southern California:
“Rental housing providers importantly balance the business of housing with the humanity of home. There is no more critical time for this approach than during a devastating tragedy like the wildfires in California.
“Our members are trained professionals who follow the law. Reports of price gouging are far from the norm, and NAA unequivocally condemns any such behavior. The state's Penal Code explicitly prohibits rent increases of more than 10% once an emergency declaration has been made. If one suspects such actions, please contact the California Attorney General's office.
“Our local members are working diligently to house those displaced, provide resources and be an active part of the solution. NAA continues to monitor the impacts of these fires and will support our affiliates and members in the weeks to come.”
###
About NAA
The National Apartment Association (NAA) serves as the leading voice and preeminent resource through advocacy, education and collaboration on behalf of the rental housing industry. As a federation of 141 state, local and global affiliates, NAA encompasses more than 95,000 members representing over 12.5 million apartment homes globally. NAA believes that rental housing is a valuable partner in every community that emphasizes integrity, accountability, collaboration, community responsibility, inclusivity and innovation. To learn more, visit www.naahq.org.