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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.
The city of L.A.'s rent control restrictions, called the Rent Stabilization Ordinance, cover properties built on or before Oct. 1, 1978; units built after July 15, 2007, that replaced demolished ...
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Renters Act", was a California ballot proposition and initiative statute in the 2024 general election that would have repealed the Costa–Hawkins Rental Housing Act and allowed localities to enact ...
Cities in the Los Angeles area are seeing lower rents as Orange County prices hold firm or even increase. Experts are calling for more tenant protections.
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 cost of living is ridiculous,” said Erich Tran, who along with his partner Tyler Bahr experienced a nearly 6% rent increase last year that brought the cost for their one-bedroom in San ...
In 2024, across studios, one, and two bedrooms, the average rent is $1,752, which is nearly a $500 increase ($496) since 2019. This is a 35 percent increase in the median rent. Follow House ...
Culver City. Los Angeles. West Hollywood. Santa Monica. ... this ordinance limits monthly rent increases to 3% in any 12-month period. This includes when tenant(s) move out. ... The 22 best ...