4 ms·
Maybe, but the effect has to be considered together with the proposed "hybrid approach" to rent control. Los Angeles rent stability ordinance (which lately caps
by boomlinde 7y ago
Maybe, but the effect has to be considered together with the proposed "hybrid approach" to rent control. Los Angeles rent stability ordinance (which lately caps rent increases at 4% since this year) only affects apartments built before the 80s, and rents are on average up 6% since last year. Using a moving free market window and a lower cap may have a different effect.