News@lemmy.world

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Modlog

return2ozmatoNews@lemmy.world·4 months ago

L.A. County wants to cap rent hikes at 3%. Landlords say that would push them to sell

(www.latimes.com)

854

L.A. County wants to cap rent hikes at 3%. Landlords say that would push them to sell

(www.latimes.com)

return2ozmatoNews@lemmy.world·4 months ago

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.

Paywall removed: https://archive.is/MbQYG

HappycamperNZ
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4 months ago
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First person I’ve seen who didn’t say it increases supply.

Nice.
- Cryophilia
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  Is it really functionally any different? “increases supply” is a decent shorthand
- jaybone
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  4 months ago
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  Isn’t that exactly what they just said?
- xmunk
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  4 months ago
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  Hey, I remember my macroeconomics!
  - HappycamperNZ
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    4 months ago
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    Supply/demand is usually micro…