California approves statewide rent control to ease housing crisis

Source: Conor Dougherty & Luis Ferré-Sadurní, N.Y.Times (Paid Registration)

California lawmakers approved a statewide rent cap that limits annual rent increases to 5 percent after inflation and offers new barriers to eviction, providing a bit of housing security in a state with the nation’s highest housing prices and a swelling homeless population.

Read Full Article: California approves statewide rent control to ease housing crisis

 

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