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The U.S. Bureau of Labor Statistics' consumer price index in April for the Los Angeles area was 3.9% — add 5% to that and you have this year's limit of 8.9% for the county of Los Angeles. It ...
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.
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.
Palms (originally "The Palms") is a community in the Westside region of Los Angeles, California, founded in 1886 and the oldest neighborhood annexed to the city, in 1915. The 1886 tract was marketed as an agricultural and vacation community. [ 2 ]
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]
When comparing the rental rates of Los Angeles and the average rate across the United States one can see just how much higher the city is compared to the rest of the country. While in 2017 the average rental rate in the United States was $1,357, in comparison the average rental rate in Los Angeles in 2017 was $2,284, almost a $1,000 average ...
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. [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]