return2ozmatoNews@lemmy.world·4 months agoL.A. County wants to cap rent hikes at 3%. Landlords say that would push them to sell(www.latimes.com)external-linkarrow-up1868arrow-down114message-square334file-textfedilink
arrow-up1854arrow-down1external-linkL.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 agomessage-square334file-textfedilink
minus-squarewhoiseartharrow-up4arrow-down0·4 months agolinkfedilinkThank you for a very well explained response. Also in countries like Canada mortgage terms are redone every 5 years on average making us much more susceptible to rate changes than in America.
minus-squareRagnarok314159arrow-up1arrow-down0·4 months agolinkfedilinkThat’s pretty disgusting. Would do nothing but make you move every five years, and banks are going to screw you over every five years.
Thank you for a very well explained response. Also in countries like Canada mortgage terms are redone every 5 years on average making us much more susceptible to rate changes than in America.
That’s pretty disgusting. Would do nothing but make you move every five years, and banks are going to screw you over every five years.