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L.A. City Council Recently Voted to Raise Rents for Rent-Controlled Apartments

The Los Angeles City Council voted to approve a rent increase for rent-controlled apartments by 4% or 6% for landlords that cover tenants’ gas and electricity in a 10-2 decision. 

If this recent vote had not taken place, the city’s rent increase would have been exponentially higher with increases between 7% to 9 % on February 1.

The current rent approval was proposed by Councilmember Bob Blumenfiled after a rent freeze proposal was rejected due to pressure from landlords.

Council Members Hugo Soto-Martinez and Eunisses Hernandez proposed to allow the rent freeze to continue through August 2024.

The rent-controlled apartment rent freeze covered apartments built before October 1978 under the city’s rent-controlled law. (LAIST)

Cindy Sanders, a Studio City renter, said the rent increase could determine whether she is able to stay or be forced to leave her apartment of around 30 years. 

“With Social Security raises not being high … it’s going to really have an effect,” Sanders said. (LAIST)

According to NBC Los Angeles, the proposal is also supposed to establish programs “assisting landlords and tenants, as well as for small housing providers for the maintenance and preservation of RSO (Rent Stabilization Ordinance) units” under the Housing Department. The article that states this was published prior to the passage of the proposal.

Many other cities have much lower rent increases, under 3%, including Santa Monica, West Hollywood, and Santa Ana. Even the L.A. County Board of Supervisors, which covers unincorporated parts of L.A. County, only allowed rent increases by 4%. (LAIST)

The impact of such a rent increase, even though it is smaller than the original amount allowed under L.A. City existing rules, can still have a detrimental impact on renters. The housing crisis in L.A. will most likely increase as a result of the passage of the current proposal.

Sources:

https://laist.com/news/housing-homelessness/los-angeles-city-council-vote-rent-control-stabilization-rso-housing-landlord-tenant-covid-freeze-4-6-7-9-percent-february-2024

https://www.nbclosangeles.com/news/local/la-city-council-to-vote-on-rent-control-amendment-amid-looming-rent-freeze-expiration/3267274/

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