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by dv_dt
978 days ago
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In Los Angeles, it seems to be 4% per year + and additional 1% per covered utility. In addition, the controls only apply to older units. This 3% average in major cities in CA notion is a floating assumption without any hard analysis backing it as far as I've read. https://la.lawsoup.org/legal-guides/tenant-renter/rent-contr... The property tax increase is at a max of 2% cap, it has not been a full 2% most years in my experience (anecdotally in my area). |
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