Gov. Newsom Signs Rent Caps Into Law

Gov. Newsom Signs Rent Caps Into Law

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BOTH SIDES NOT LETTING UP. IT’S A TOUGH GAME AN AIRPLANE ON BOTH SIDES. CALIFORNIA IS NOW THE SECOND STATE IN THE COUNTRY TO CAP RENT INCREASES. NEWSOM SIGNED THE LAW YESTERDAY. HE SIGNED THE BILL AT AN EVENT IN OAKLAND OAKLAND AREA WHERE A RECENT REPORT DOCUMENTED NEARLY 43% INCREASE IN HOMELESSNESS OVER TO TWO YEARS. THE LAND OF JUST CAUSE. THERE IS SEVERAL EXCEPTIONS. SINGLE-FAMILY HOMES EXCEPT

4 thoughts on “Gov. Newsom Signs Rent Caps Into Law

  • Trevor Trujillo Post author

    How do I make this law in my state?

  • TraRob-EastSide Post author

    Idiot

  • Guy Baldwin Post author

    I thought you people in California was going to get rid of communist Gavin Newsom

  • Chosen One Post author

    Great… the max increase per year in the City of Los Angeles is 3% the state signed a new law that increased it to 5%? This law helps no one, as soon as the tenant is gone the owner hikes it to market rate. I just evicted a tenant went two months without paying her rent. I got so many excuses. This is not a 40 unit building where a loss is not felt. The 2-bedroom rent was $1950.00 and I will relist it for $2000.00 a month. If you are an owner you have to realize that you can't go too high or you will have tenant turnover and lose them every 16 months. I wish I could charge 3k a month but it will stay on the market for months before its rented. The building is in a nice neighborhood.

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