News@lemmy.world · 7 months 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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cross-posted to:
usnews@lemy.lol

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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

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News@lemmy.world · 7 months ago

326

cross-posted to:
usnews@lemy.lol

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.

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7 months ago

large corporate landlords who could profit with smaller margins.

Could, but typically refuse to.

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