Thursday 30 May 2019

California plan to prevent big rent hikes advances, but only after it’s limited to three years

An effort to temporarily protect California tenants from steep rent increases cleared a major hurdle in the Legislature on Wednesday night after tenant advocates agreed to make changes to significantly weaken the legislation.

The measure would cap annual rent hikes statewide at 7% plus inflation....



from latimes.com - Los Angeles Times https://lat.ms/2Qyt9Cv

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