Rents in many California cities keep rising, could a cap on increases help?
Rents in many California cities keep rising, could a cap on increases help?
A "For Rent" sign is seen on a building Hollywood, California, May 11, 2016.
ROBYN BECK/AFP/Getty Images
Californians’ rejection of a rent control measure in November 2018 has prompted some politicians in Sacramento to talk about getting an anti-rent gouging cap on the books. The idea is similar to a current law that bars the state’s businesses from raising the price on goods and services beyond 10 percent during natural disasters.
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