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California Assembly passes rent-cap bill

California Assembly passes rent-cap bill

5 years ago
Anonymous $9jpehmcKty

https://www.mercurynews.com/2019/05/29/california-rent-cap-bill/

SACRAMENTO — In a dramatic victory for tenant advocates, the California Assembly narrowly passed a statewide rent-cap proposal on Wednesday night amid mounting pressure for lawmakers to protect renters from the steepest of increases in a hot rental market.

If the bill clears the Senate, California could become the second state in the nation this year to limit annual rent hikes, covering millions of properties not covered by local rent control rules.

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