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California May Soon Pass Statewide Rent Control Bill

September 1, 2019

By Da Lin : cbslocal – excerpt (includes video)

Governor Gavin Newsom reached an agreement with large landlord and tenant advocacy groups to advance a rent control bill.

Assemblyman David Chiu authored the bill. The newly revised deal would cap the annual rent increases at 5% plus the rate of inflation. The total increase cannot surpass 10%.

“We’ve been to Sacramento a lot. That bear outside of the governor’s office and I are besties,” said Richmond tenant Elsa Stevens…

Neither side is happy, and lawmakers see that as a sign of a good compromise. Supporters believed this time, they’ll have enough votes from lawmakers to pass a state-wide rent control law… (more)

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