California is already draining itself to cater to tax breaks for property owners, and capping insurance increases would rapidly accelerate the current flight of insurers out of the state.
And you want that in exchange for a rent hike cap on 51,700 rent-controlled units, in a city of 4 million? Seriously?
California is already draining itself to cater to tax breaks for property owners, and capping insurance increases would rapidly accelerate the current flight of insurers out of the state.
And you want that in exchange for a rent hike cap on 51,700 rent-controlled units, in a city of 4 million? Seriously?