Los Angeles May Cap Rent Increases for Rent-Stabilized Apartments at 3%. Landlords Cry Foul
7 Articles
7 Articles
Small rent house owners harshly criticize the measure and assure that it will intensify the housing crisis
Los Angeles may cap rent increases for rent-stabilized apartments at 3%. Landlords cry foul
Valerie Valentine bought a triplex in South Los Angeles two weeks ago, and already she wonders whether she made a terrible investment. Bills are immediately adding up for the small-time landlord, from $1,000 to get the water turned on to…
L.A. may cap rent increases for rent-stabilized apartments at 3%. Landlords cry foul
The proposed update to the city’s rent stabilization ordinance would be a massive shift in favor of tenants. It comes as many parts of the country are struggling with a housing affordability crisis.
As the City Moves to Strengthen Rent Protections, Small Landlords Say They’re Being Pushed Out
LOS ANGELES – Amid ongoing debates over tenant protections, a motion to further amend the rent stabilization ordinance (RSO) is headed for a final vote before City Council today. While the measure is designed to help tenants, some small rental…
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