Tag: Los Angeles City Council
-
Los Angeles City Council Advances Rent Control Ordinance, Faces Criticism and Support
The Los Angeles City Council has given initial approval to an ordinance aimed at curbing rent increases on rent-stabilized units. Los Angeles City Council members endorsed the proposal, which would cap rent hikes at 4%, or up to 6% if landlords cover gas and electric costs The ordinance is set to undergo a final vote…