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Los Angeles strengthened its rent stabilization law for the first time in 40 years Wednesday, setting a 4% ceiling on annual rent increases for a massive portion of the city’s housing stock. The historic vote by the L.A. City Council will he...
Home affordability in the Los Angeles area has gotten a bit better for potential buyers. In Greater L.A., 16 percent of households could afford to buy a home at the median price of $837,060 in the third quarter of this year, up from 14 percent...