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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

cross-posted to:
usnews@lemy.lol

853

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

cross-posted to:
usnews@lemy.lol

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.

Paywall removed: https://archive.is/MbQYG

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Cryophilia@lemmy.world
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5 months ago
How strange. Probably wholly unrelated to rent control in any way.
- HappycamperNZ@lemmy.world
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  5 months ago
  So how much money someone can make from a property has no relationship to the decision to build more property?
  
  Really?
  - Cryophilia@lemmy.world
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    5 months ago
    Absolutely not. Economics, shmeconomics. Landlords bad. LALALA I CAN’T HEAR YOU LANDLORDS BAD ALSO BUILD MORE HOUSING

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