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

Posted on 2/12/24 at 10:09 am to
Posted by OU Guy
Member since Feb 2022
12287 posts
Posted on 2/12/24 at 10:09 am to
A side note to all the other Cali stupidity is they list the max annual increases. If you hit them then thats bad. So, since landlords know the max limits they will increase them every year by about $10 less than max.

Regardless the economy, knowing you can’t raise them enough during bad inflation just means you will raise them every year (by just less than max) no matter what. A Landlord will have to do this to protect from unknown future economy.
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