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How California’s New Rent Increase Cap Would Work



Here’s how California’s new plan to cap rent increases would work

SACRAMENTO (Los Angeles Times) — California lawmakers are on the verge of approving one of the only state laws in the nation to limit rent increases after Gov. Gavin Newsom announced a deal with legislative leaders last week on a bill to cap annual rent hikes.

The measure, Assembly Bill 1482, would limit yearly rent increases statewide to 5% plus inflation for the next decade. Experts believe the measure would provide more stability for renters while also potentially leading to more regular rent hikes for tenants. Powerful interest groups have lined up against the measure, and its passage by the Legislature’s Sept. 13 deadline is far from assured. What would the bill do?

Supporters of the measure have pitched it as a way to […]

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