Revisiting LA’s Rent Stabilization Ordinance and “Allowable Rent Increases”
Shane Phillips, Housing Initiative Project Manager, UCLA Lewis Center for Regional Policy Studies
California’s worsening housing crisis has triggered an intense debate about rent control. Rent control has always been controversial: Seen by some as essential to protecting vulnerable households from increasing rent burden and displacement, and by others as a well-intentioned but flawed action that often makes housing affordability worse. The rent control debate has been taken statewide with citizen action, massive political expenditures, and a flurry of legislative activity, including Assembly Bill 1482 that will place a modest cap on rental housing over 15 years old, limiting rent increases to 5 percent plus inflation. In this brief, we examine Los Angeles’ rent-stabilization ordinance.