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News@lemmy.world · 11 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 · 11 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.

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11 months ago
It will force them to sell, which will perhaps make buying a home more affordable, so less people have to pay rent and more people pay a mortgage on a home they bought.

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