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Will 2018 Be a Year of Rent-Control Revolt in L.A.?

Published by Anne Johnson on

LA Weekly cited research by Richard Green of the USC Lusk Center on rising rents expected in Los Angeles County over the next two years.

The Los Angeles Metro area has the second-highest rate of “cost-burdened” renters in the country, according to a recent report from Harvard’s Joint Center for Housing Studies. Being cost-burdened means a tenant is paying more than 30 percent of his or her income for rent, and the report found that category applied to 57.1 percent of Angelenos. Only Miami, at 61.5 percent, had a higher rate.

Full article here

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