My cousin has a rent-controlled studio apartment in LA that he pays something like $900 a month for. I didn’t even know rent control was a thing anywhere in LA but apparently it is and his rent can only go up 2% or so a year. The only negative is that he’s basically stuck in this little place for the rest of his life.
My cousin has a rent-controlled studio apartment in LA that he pays something like $900 a month for. I didn’t even know rent control was a thing anywhere in LA but apparently it is and his rent can only go up 2% or so a year. The only negative is that he’s basically stuck in this little place for the rest of his life.