LA City Council Considers 3% Rent Hike Cap Amid Landlord Concerns
TL;DR Summary
The Los Angeles City Council approved significant updates to the Rent Stabilization Ordinance, setting a new allowable rent increase range of 1% to 4%, removing additional utility charges, and aiming to balance tenant affordability with landlord interests, amid ongoing housing affordability concerns.
Topics:nation#city-council#housing-affordability#local-government#los-angeles#rent-increases#rent-stabilization
- Los Angeles City Council to consider proposal on major rent changes ABC7 Los Angeles
- L.A. may cap rent increases for rent-stabilized apartments at 3%. Landlords cry foul Los Angeles Times
- LA City Council to consider 3% rent hike cap FOX 11 Los Angeles
- As the City Moves to Strengthen Rent Protections, Small Landlords Say They’re Being Pushed Out Westside Current
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