© Provided by KTLA-TV Los Angeles L.A. won't allow rent hikes for most tenants until 2023After seven months of a global pandemic spent in a cramped one-bedroom apartment, Jacob Guardado and his roommate decided to make a move. They found a Studio City two-bedroom in October 2020 for $1,975 a month - a few hundred dollars more than what they had been paying. When the lease ended a year later, Guardado was waiting for his landlord to tell him how much more it was going to cost to stay there. "I didn't want to ask," said Guardado, 28, who works in the insurance industry. For the latest news, weather, sports, and streaming video, head to KTLA.

Source: Los Angeles Times January 03, 2022 20:41 UTC