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L.A. County wants to cap rent hikes at 3%. Landlords say that would push them to sell

www.latimes.com L.A. County wants to cap rent hikes at 3%. Landlords say that would push them to sell

A proposal to cap rent increases at 3% for many landlords in unincorporated L.A. County is meant to keep housing affordable for at-risk tenants.

L.A. County wants to cap rent hikes at 3%. Landlords say that would push them to sell

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  • The actual statistic NATIONALLY is lower because it is an aggregation of MULTIPLE MARKETS. If you want to find out what is happening in a local market you look at the local statistics if available which is what I provided you.

    You have not proven me wrong lol. I gave you the research laid out proving three entities, through almost 200 shell companies and LLCs, own 1 out of every 9 single family homes in the metro Atlanta area. That is the ONLY argument I was making - that in the ATL market the percentage is much higher than 0.2%.

    You can say "no u rong me rite durrrrr" all you want but you are undeniably incorrect about what I said.

    Your condescending tone is noted so I'll just be insulting now: you are a fucking idiot who is so butthurt I provided evidence against your non-factual claim that locally the percentage is the same that you've elected to stick your dumb cunt fingers in your digital ears and go LALAALALALALALALALALAA like a jackass. Fuck off.

    ETA: FROM YOUR OWN FUCKING LINK YOU ABSOLUTE BRAINLET: "The analysis found that the investors were heavily concentrated in some fast-growing areas, such as Atlanta and Jacksonville, Fla. Institutional investors own 10 percent of all single-family rental properties in Atlanta and 8.5 percent in Jacksonville, the study said."

    GEE who was right? Certainly not you ya fuckin troglodyte

330 comments