By Tina Daunt Via The Real Deal
Los Angeles Mayor Eric Garcetti is banning landlords of rent-stabilized units from increasing rents during the coronavirus emergency.
“Until today, rents in these units could be increased by up to 4 percent annually,” Garcetti said Monday. “As of now, those increases are put on hold by this order until after this emergency period is over.”
The action comes after a Los Angeles City Council decision last week to temporarily freeze evictions and give tenants up to 12 months to pay overdue rent… Read More