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Rent Control Hits 90210

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In January, the Beverly Hills City Council approved an emergency rent control ordinance providing temporary relief to tenants facing potential ten percent annual increases. The ordinance capped annual rent increases at three percent, included relocation fee requirements for no-cause evictions, and established an apartment registry to help the city monitor rent conditions. After a lengthy and contentious meeting, the ordinance was voted in by the council despite protests of landlords present at the session. In February, the council unanimously voted to extend the ordinance while adding a provision to allow rent increases beyond three percent in the event the consumer price index exceeds that amount. The council hopes to adopt a final ordinance later this year and will be scheduling public forums to allow residents and landlords to voice their concerns. While some changes to the current ordinance may take place, it is likely that the prior ten percent cap on annual rent increases will become a thing of the past.

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