re: On Feb 13th Santa Monica is voting on a proposal that could change housing in CA forever

quote:

---

If an owner increases rent by CPI +5% or 10%, the owner must pay a relocation fee if the renter chooses to move

---

That cap probably isn’t enough to offset increases on property tax and/or insurance some years.

Seems like bullshite as long as the landlord isn’t trying to change the rent in the middle of a lease. But no penalties to the tenant who violates the lease terms or tries to end the lease early