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The "Light Beer" of Rent Control Is Coming

Today on the Southern California Real Estate Report Prop 10 might have been defeated but a new assembly bill- AB 1482 is what some might call the "Light Beer" of Rent Control.

-The landlord would be prevented from raising rent more than 5% plus CPI

-This might be the best bet for landlords trying to maintain market rent for there properties

-Value Add investors might need to be more careful because it's going to change how much they can raise rent.

-The market Rate component is the part of the bill that could make this a good deal for landlords.