L.A. Supervisors Radically Reduce Rent Increase Limits to 60% of CPI with 3% Maximum
On November 6th, the Los Angeles County Board of Supervisors voted 4 to 1, Supervisor Kathryn Barger being the only dissenting vote, to drastically reduce the allowable annual rent increase formula to just 60% of the Consumer Price Index (CPI) with a maximum of 3%.