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In Los Angeles’ high-end rental market, it’s long been common to find homes advertised for $10,000 a month or more. ... a 9.4% increase from the price at which it was offered in December ...
Landlords caught price gouging in Los Angeles County during the wildfire crisis now face fines as high as $50,000. Board of Supervisors voted to increase the maximum penalty to $50,000 from ...
Most renters in L.A. are protected from rent increases at least until May 2023. Here's how to figure out if you qualify.
The Tenant Protection Act of 2019 caps annual rent increases at 5% plus regional inflation. [51] For example, had the bill been in effect in 2019, rent increases in Los Angeles would have been capped at 8.3%, and in San Francisco at 9%. [51] The increases are pegged to the rental rate as of March 15, 2019. [51]
The Tenant Protection Act of 2019 caps annual rent increases at 5% plus regional inflation. [7] For example, had the bill been in effect in 2019, rent increases in Los Angeles would have been capped at 8.3%, and in San Francisco at 9%. [7] The increases are pegged to the rental rate as of March 15, 2019. [7]
California housing costs are among the most unaffordable in the United States. In 2018, the median San Jose home cost 10 times the median household income; Los Angeles homes cost 9.5 times; San Francisco homes cost 8.9 times; San Diego homes cost 8.1 times. [10] California is the most expensive state to rent in, in the United States. [11]