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Landlords and tenants reflect on L.A.'s pandemic-era freeze on rent increases for rent-stabilized apartments, which the city has extended into 2024.
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The Los Angeles City Council is considering changing the way it sets annual allowable increases for rent-controlled properties for the first time in nearly 40 years. That's good.
In San Francisco as of 2014, about 75% of all rental units were rent controlled, [7]: 1 and in Los Angeles in 2014, 80% of multifamily units were rent controlled. [ 8 ] : 1 In 2019, Oregon 's legislature passed a bill which made the state the first in the nation to adopt a state-wide rent control policy.
[48] [49] In the City of Los Angeles, the date is October, 1978. [50] [51] These exemptions, however, may leave most of a city's total rental stock under rent control. For example, in San Francisco, as of 2014, about 75% of all rental units were rent controlled, [52] and in Los Angeles in 2014, 80% of multifamily units were rent controlled. [53]: 1
In response to concerns about price hikes, especially regarding rentals, Los Angeles Mayor Karen Bass told residents to report prices that violate the emergency declaration to the city’s non ...
When comparing the rental rates of Los Angeles and the average rate across the United States one can see just how much higher the city is compared to the rest of the country. While in 2017 the average rental rate in the United States was $1,357, in comparison the average rental rate in Los Angeles in 2017 was $2,284, almost a $1,000 average ...
In Los Angeles’ high-end rental market, it’s long been common to find homes advertised for $10,000 a month or more. ... Nearly 1,400 homes and apartments in the county were listed on Zillow ...