The council decided to base the increase on inflation data from October 2022 through September 2023 rather than the prior year, which would have resulted in a steeper rent hike, according to the “Los Angeles Daily News.”
Source: Inman News
LA City Council votes to end 3-year freeze on rent hikes
Published in la rent control, Property Portfolio, rent control and Select
More from Property PortfolioMore posts in Property Portfolio »
More from rent controlMore posts in rent control »
- The California Association of Realtors has a new leadership team
- RealPage may catch break under Trump’s ‘One, Big, Beautiful Bill’
- How rent control policies are reshaping multifamily investments
- REBNY sues the City of New York to stop FARE Act enforcement
- President Biden’s 5% rent cap falls flat with industry leaders
More from SelectMore posts in Select »
- This team is jumping on the private listing platform trend (EXCLUSIVE)
- Redfin on 2026: Affordability improves, sales rise only slightly
- Dual licensing is on the rise. Is it the right move for your business?
- Future-proof your digital footprint for 2026 (and beyond)
- Change strategy as the market shifts to win the listings long game
Be First to Comment