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News@lemmy.world · 3 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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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 · 3 months 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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3 months ago
Those new tenants (if the new buyer is a landlord) will have to pay a higher rate
- Cosmicomical@lemmy.world
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  Sure, the landlords are going to sell each otger the houses every year to be able to raise the rents. Lol!

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