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.
  • banana_lama@lemm.ee
    0·
    5 months ago

    If someone buys a home that was rented. Would the cap apply to them? Because this might result in a loophole

    • JonEFive@midwest.social
      0·
      5 months ago

      That’s a good question. But keep in mind that there are significant taxes associated with selling a home in most places that would dissuade landlords from trying to game the system that way. Then again, they’re just one more loophole from making that plan work.