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Under the proposal, many landlords in unincorporated L.A. County would be barred from raising rent by more than 3% a year. Small property owners could increase rent by up to 4%, while owners of ...
The Tenant Protection Act limits how much landlords and property managers can raise rents annually. Here's this year's maximum increase for many L.A. renters. A new limit on rent increases takes ...
The city's rent control law needs to do more to prevent price shocks for tenants during periods of high inflation while ensuring landlords can recoup costs. Editorial: Los Angeles can find a ...
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]
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.
Proposition 33, titled Expands Local Governments’ Authority to Enact Rent Control on Residential Property, and also marketed as the "Justice for Renters Act", was a California ballot proposition and initiative statute in the 2024 general election that would have repealed the Costa–Hawkins Rental Housing Act and allowed localities to enact ...
Los Angeles residents affected by the wildfires can expect to see rent prices increase as they look for a new place to seek shelter in the aftermath. Real-estate experts say rent hikes are ...
The Los Angeles City Attorney's Office filed a lawsuit this week against Blueground, a short-term rental company that advertises properties. ... apartment with a rent increase of over 20% and a ...