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.
  • BastingChemina@slrpnk.net
    2·
    5 months ago

    More precisely, when you sell the tenant has the right to buy it first.

    If the landlord is thinking of accepting an external offer under the initial price then he has to ask again to the tenant if he would buy it at this lower price.