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News@lemmy.world • 11 months ago

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

www.latimes.com

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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 • 11 months ago

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.

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@HappycamperNZ@lemmy.world
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1•11 months ago
So how much money someone can make from a property has no relationship to the decision to build more property?

Really?
- @Cryophilia@lemmy.world
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  -1•11 months ago
  Absolutely not. Economics, shmeconomics. Landlords bad. LALALA I CAN’T HEAR YOU LANDLORDS BAD ALSO BUILD MORE HOUSING

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