California Passes Landmark Law: Statewide Rent Control, Eviction Protections
More than most states, California is plagued by rising housing costs. Recently California lawmakers approved a statewide rent cap, covering millions of tenants, the biggest step yet in a surge of initiatives to address an affordable-housing in the state. California’s housing activists won a major victory in mid-September when the state legislature passed, and Gov. Gavin Newsom signed on Oct. 8, 2019. The New Housing Law The new law is also know as Assembly Bill 1482. The key features of the new law are: The new law will limit annual rent hikes to 5% plus the regional cost-of-living increase, or a maximum of 10% per year. Tenants will also receive eviction protections after living in an apartment for a year, meaning they cannot be ousted without a reason such as ...
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