RustyEarthfire@lemmy.worldtoNews@lemmy.world•L.A. County wants to cap rent hikes at 3%. Landlords say that would push them to sellEnglish
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4 months agoI guess the argument is that they will raise rent by the maximum, even at excessive risk of losing tenants? Because if the tenants will pay that much, why wouldn’t the landlord charge that anyway?
For anyone wondering, this doesn’t actually work, because the bananas will realize they are upside-down.