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L.A. backs 4% cap on rent increases for stabilized units starting in February

Por: Los Angeles Times Politics November 15, 2023

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With the city's COVID-era freeze on rent increases set to expire at the end of January, the Los Angeles City Council signed off on a compromise proposal Tuesday that will allow landlords to raise rents next year by 4% — spurning calls from some tenant advocates to extend the freeze. The plan will apply only to units that fall under the city’s rent stabilization ordinance, which covers roughly three-quarters of all multifamily rental... + full article



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