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LA City Council approved a new formula for 650,000 renters that keeps rent increases at 4%

For nearly 650,000 Los Angeles households living in rent-controlled apartments, the rules governing how much their rent can rise each year are about to change—with a new formula that sets allowable ...
Los Angeles Times

In historic vote, L.A. caps rent increases for rent-stabilized apartments at 4%

This is read by an automated voice. Please report any issues or inconsistencies here. The Los Angeles City Council voted Wednesday to lower the cap on rent increases for rent-stabilized apartments to ...