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Week of Sept. 29th- Here’s how California’s rent control law would work

September 29, 2019

Within the next few weeks, the governor is expected to enact rent control in California by signing Assembly Bill 1482.

That means the state would begin to regulate how much your rent can increase every year, limiting it to 5 percent, plus the local rate of inflation. Once signed, the measure would take effect January 1 and expire in 2030 (unless lawmakers vote to extend it).

“AB 1482 puts teeth in tenant protections without taking an unreasonable bite from property owners,” Assembly Speaker Anthony Rendon (D-Lakewood) said in a statement earlier this month, when the Legislature approved AB 1482. “This moves us forward in battling escalating housing costs.”

The deadline for the Gov. Gavin Newsom’s signature is October 13. He has said he will sign it.  Read more



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