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News@lemmy.world · 5 months ago

L.A. County wants to cap rent hikes at 3%. Landlords say that would push them to sell

www.latimes.com

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L.A. County wants to cap rent hikes at 3%. Landlords say that would push them to sell

www.latimes.com

return2ozma@lemmy.world to

News@lemmy.world · 5 months ago

A proposal to cap rent increases at 3% for many landlords in unincorporated L.A. County is meant to keep housing affordable for at-risk tenants.

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5 months ago
Thank you for a very well explained response. Also in countries like Canada mortgage terms are redone every 5 years on average making us much more susceptible to rate changes than in America.

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