Not everyone in the real estate industry opposed the state bill. Assemblyman David Chiu (D-San Francisco), center, is congratulated after his measure to cap rent increases was approved by the Assembly last month. The cap in L.A. is more restrictive than the state cap; allowable rent increases range from 3% to 8%, depending on inflation. Flaming said the state bill, with its less-restrictive cap, will provide less protection than L.A.’s law. “We have to push for more” than the state bill, he said.

Source: Los Angeles Times October 07, 2019 12:56 UTC