The Los Angeles City Council voted yesterday to lower the allowable rent increases on some 650,000 rent-stabilized units in the city. The new formula endorsed by the city council will allow landlords ...
The Los Angeles City Council’s Housing and Homelessness Committee voted to recommend a major overhaul of the city’s rent-control system, backing a formula that would cap annual allowable rent hikes ...
LOS ANGELES (CNS) -- The Los Angeles City Council approved an update to the Rent Stabilization Ordinance, using a new formula that will set allowable increases for roughly 650,000 units at 4% and ...
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