L.A. Rent Freeze on the Horizon?

LA Rent Freeze
LA Rent Freeze

If rental habits remain status quo, this July roughly 600,000 Los Angeles rent-controlled tenants will face a 3% rent increase, with some facing as much as a 5% hike.

In these tough economic times, Los Angeles City Councilman Richard Alarcon is proposing a one year halt to the increase saying families are already struggling.

Not so surprisingly, tenants' groups support the freeze, landlord groups are opposed. Rented Spaces takes a look at both sides...