2 ms·
Rent stabilization is capped at 3%/yr in LA. On /r/LosAngeles, you can read about those without it getting crazy increases like 22%. A 10% max seems reasonable.
by JBlue42 9y ago
Rent stabilization is capped at 3%/yr in LA. On /r/LosAngeles, you can read about those without it getting crazy increases like 22%. A 10% max seems reasonable. Given that unless you switch jobs you're unlikely to see any big % increases to your salary, why create instability or price out good tenants.