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> The bill limits annual rent increases to 5 percent after inflation and offers new barriers to eviction The limits to rent increases seem like they are enough
by creato 7y ago
> The bill limits annual rent increases to 5 percent after inflation and offers new barriers to eviction
The limits to rent increases seem like they are enough to avoid significant short term spikes, while keeping up with market rate rents.
The biggest problem with some existing rent control (like in SF) is that the limit is so low that rents can't keep up with market rates even over decades, which is clearly terrible economic policy. Maybe this limit is high enough that this won't be as much of a problem for the rest of California.