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California city approves rent stabilization after split votes, capping hikes at 3% or less

The plan would cap annual increases at 60% of the Consumer Price Index or 3% and uses $500,000 in startup funding.

Summary by thecooldown.com
Santa Barbara is moving forward with a rent stabilization ordinance after a contentious City Council debate nearly stalled the proposal.

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thecooldown.com broke the news on Monday, September 28, 2026.
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