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News@lemmy.world • 6 months ago

L.A. County wants to cap rent hikes at 3%. Landlords say that would push them to sell

www.latimes.com

cross-posted to:
usnews@lemy.lol

853

L.A. County wants to cap rent hikes at 3%. Landlords say that would push them to sell

www.latimes.com

@return2ozma@lemmy.world to

News@lemmy.world • 6 months ago

cross-posted to:
usnews@lemy.lol

A proposal to cap rent increases at 3% for many landlords in unincorporated L.A. County is meant to keep housing affordable for at-risk tenants.

Paywall removed: https://archive.is/MbQYG

Chat

@HappycamperNZ@lemmy.world
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3•6 months ago
First person I’ve seen who didn’t say it increases supply.

Nice.
- @Cryophilia@lemmy.world
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  22•6 months ago
  Is it really functionally any different? “increases supply” is a decent shorthand
- @jaybone@lemmy.world
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  9•6 months ago
  Isn’t that exactly what they just said?
- @xmunk@sh.itjust.works
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  5•6 months ago
  Hey, I remember my macroeconomics!
  - @HappycamperNZ@lemmy.world
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    7•6 months ago
    Supply/demand is usually micro…

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