LAist
After more than two years of discussion and debate, the Los Angeles City Council voted Wednesday to significantly lower annual rent increases in most of the city’s apartments. Under the reforms passed by 12 of the council’s 15 members, rent increases would be capped at 4% annually, and an additional 2% increase for landlords who cover utilities would be eliminated.
https://laist.com/news/housing-homelessness/los-angeles-city-rent-control-stabilization-vote-three-percent-increase-housing-landlord-tenant
Read more...