The Los Angeles County Board of Supervisors has advanced a proposal to cap rent increases for rent-stabilized units in unincorporated parts of the county.
The supervisors by a 3-2 margin approved a resolution to prohibit landlords of rent-stabilized apartments in unincorporated L.A. County from raising rent by more than 3% a year.
The proposal, which requires a second vote by the county board to become law, also caps annual rent increases for small property owners at 4% and sets the bar at 5% for owners of luxury units, the Los Angeles Times reported.
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