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News@lemmy.world · 11 months ago

Demonstrators march to protest L.A. City Council’s approval of rent hikes

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Demonstrators march to protest L.A. City Council’s approval of rent hikes

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News@lemmy.world · 11 months ago

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Residents in the Los Angeles neighborhood of Koreatown flooded the streets Sunday to protest the city’s approval of an historic rent increase next year. Tenants from across the neighborhood,…

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11 months ago
Looked into the deets on this since it affects me - https://housing2.lacity.org/highlights/renter-protections

It’s a 4% max increase, with 1% addons for electricity and gas if they’re included in the rent.

Which, after 3 years of everything being frozen, doesn’t sound too terrible. We’ll still be a good amount cheaper than market rate.

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