California’s statewide rent-cap proposal gets two key changes
https://www.mercurynews.com/2019/05/20/californias-statewide-rent-cap-proposal-gets-amended/
SACRAMENTO — A closely-watched bill that would ban steep rent hikes throughout California has been softened — slightly — in effort to win over skeptics as a legislative deadline looms.
The law would sunset after 10 years, and it would no longer apply to properties built within the past decade, a rolling exemption that would end once a building hit the 10-year mark.
California’s statewide rent-cap proposal gets two key changes
May 21, 2019, 12:19pm UTC
https://www.mercurynews.com/2019/05/20/californias-statewide-rent-cap-proposal-gets-amended/
> SACRAMENTO — A closely-watched bill that would ban steep rent hikes throughout California has been softened — slightly — in effort to win over skeptics as a legislative deadline looms.
> The law would sunset after 10 years, and it would no longer apply to properties built within the past decade, a rolling exemption that would end once a building hit the 10-year mark.