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This law limits rent hikes to 5% plus inflation. For this year in Los Angeles, the total percentage increase allowed is 8.6%. Generally, this law covers apartments that are older than 15 years ...
[48] [49] In the City of Los Angeles, the date is October, 1978. [50] [51] These exemptions, however, may leave most of a city's total rental stock under rent control. For example, in San Francisco, as of 2014, about 75% of all rental units were rent controlled, [52] and in Los Angeles in 2014, 80% of multifamily units were rent controlled. [53]: 1
Los Angeles County is choosing to continue with the "care first, jails last" approach when addressing the more than 75,000 individuals experiencing homelessness in the county, despite recent ...
Measure S, originally known as the Neighborhood Integrity Initiative, was considered by voters in the city of Los Angeles in the March 7, 2017, election. It would have imposed a two-year moratorium on development projects seeking variances from some aspects of the city's zoning code, made changes to the environmental impact statement requirements in the code, and required the city to update ...
t. e. Proposition 13 (officially named the People's Initiative to Limit Property Taxation) is an amendment of the Constitution of California enacted during 1978, by means of the initiative process, to cap property taxes and limit property reassessments to when the property changes ownership, as well as require a 2/3 majority for tax increases ...
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loweenterprises.com. Lowe is a real estate investment firm based in Los Angeles. Since its founding, the company has acquired, constructed, or managed more than $21 billion in real estate assets. Its subsidiary, Destination Hotels & Resorts, was the third largest hospitality management company in the United States in 2013.