Tenants

If you own rent-stabilized housing in Los Angeles, it’s going to be like Groundhog Day through next year. Other than increases for inflation, it’s illegal for those owning these units to raise the rent, thanks to a recent change by the city. We’re starting COVID-19 year three, and landlords still...

State and federal moratoriums on evicting tenants unable to pay rent due to COVID-related financial problems were unprecedented. With these laws came funding for landlords, but they were tied up in a bureaucracy that was also unmatched. Landlords waited months before seeing government funding. Many are still waiting. What impact...