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News@lemmy.world · 7 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:
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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 · 7 months ago

cross-posted to:
[email protected]

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

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TrueStoryBob@lemmy.world
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7 months ago

Nobody forced them to make risky business decisions.

Exactly… you want to make a nearly risk free investment? Try a long term bank deposit or invest in government bonds.

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