Los Angeles has long-struggled to tackle its spiraling housing crisis, but the L.A. City Council voted Wednesday to tighten the allowable annual rent increase for a massive portion of the multifamily ...
The Los Angeles City Council on Wednesday voted to overhaul the city’s Rent Stabilization Ordinance for the first time in more than four decades, creating a new tenant-friendly formula that caps rent ...
The Los Angeles City Council approved an update to the Rent Stabilization Ordinance, using a new formula that will set allowable increases for roughly 650,000 units at 4% and remove additional charges ...