Bill author David Chiu implored Assembly members to imagine the impact of a massive rent increase on a typical tenant’s health, children and job.
In an era of wealth inequality, said State Sen. Connie Leyva, passing a bill to put a stop to exorbitant rent increases “is the least we can do.”
California legislation to cap rent increases looked like a done deal in Sacramento. Why, then, are Realtors dead set against it?
But a county ordinance kicks in too late to help others.
Although California’s leading politicians favor rent-cap legislation, none is on the horizon.