2 ms·
In Los Angeles, it seems to be 4% per year + and additional 1% per covered utility. In addition, the controls only apply to older units. This 3% average in majo
by dv_dt 3y ago
In Los Angeles, it seems to be 4% per year + and additional 1% per covered utility. In addition, the controls only apply to older units. This 3% average in major cities in CA notion is a floating assumption without any hard analysis backing it as far as I've read. https://la.lawsoup.org/legal-guides/tenant-renter/rent-control-in-the-city-of-los-angeles/ https://la.lawsoup.org/legal-guides/tenant-renter/rent-contr...
The property tax increase is at a max of 2% cap, it has not been a full 2% most years in my experience (anecdotally in my area).