L.A. County wants to cap rent hikes at 3%. Landlords say that would push them to sell - eviltoast
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.
  • LaMouette@jlai.lu
    6·
    4 months ago

    It’s even better than that because it is illegal to make bids on a property you sell so the seller name a price and if someone want to buy it at that price it’s sold. Most of the time buyers tries to bargain on markets where the demand is low