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News@lemmy.world · 1 year ago

L.A. County wants to cap rent hikes at 3%. Landlords say that would push them to sell

www.latimes.com

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L.A. County wants to cap rent hikes at 3%. Landlords say that would push them to sell

www.latimes.com

return2ozma@lemmy.world to

News@lemmy.world · 1 year ago

A proposal to cap rent increases at 3% for many landlords in unincorporated L.A. County is meant to keep housing affordable for at-risk tenants.

Paywall removed: https://archive.is/MbQYG

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Ohi@lemmy.world
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1 year ago
Just as long as they also cap property tax and insurance increases at 3%, I’d be fine with that. I had both more than double in price in 3 years.
- EmotionalSupportCat@lemm.ee
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- UPGRAYEDD@lemmy.world
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  1 year ago
  Property tax is alreadly locked in California.
  
  Prop 13 is one of the main reasons i moved out of CA

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