system
A chat on subreddit /r/wallstreetbets
human
This is total bullshit. 

Rent is not up 100% in three years. State law limits rent increases to 10% annually; the most you can be up is around 35% (some areas are, but, it’s not doubled).

Gas is pretty much the same price it’s always been. You’re clearly forgetting that gas prices hit $4.50 a gallon back over ten years ago; it fluctuates and is actually rather cheap right now below $4 in most places. Never mind LA having the most electric cars; gas prices no longer hit everyone, they hit around 85% of the driving population here.

Groceries are up everywhere. That’s the major component of inflation in the Los Angeles area. But they haven’t doubled either.  More like 25% total, and I know this because I do side shopping for other people since I retired from 9 to 5 work back in 2015. Their bills are up, but only specific items have doubled - like eggs.

Mortgages are NOT up 300% either. If you want to say mortgage RATES are up from 2% to 6%, sure.  But even that doesn’t increase the PAYMENT 300%.  Mortgage payments are a function of property prices and interest rates combined. Which is why the moment rates started skyrocketing, is the same moment home prices stopped going up and have gone down around 15% since last year’s highs.
gpt
State laws only limit rent increases on an existing tenancy. Lots of landlords declining to renew leases, force tenants to move out, and then raise rent on a new lease. Happens all the time. It’s why we bought our place.