David Wagner reports on business and economy for the LAist and KPCC newsroom.
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“I looked at that as both being more up to date, and frankly, a reasonable compromise,” Blumenfield told LAist, in an interview after the committee passed the compromise. He said the 4% limit on allowable rent hikes come Feb. 1 is a plan “nobody will be thrilled with, but sometimes that's a sign of good compromise.”The decision followed an hour of raucous public comment in which landlords and tenants traded cheers and taunts over a highly contentious issue in a high-cost city.
The plan could be altered again before a final vote in the full city council, where the details could be altered again.This Prolific LA Eviction Law Firm Was Caught Faking Cases In Court. Did They Misuse AI?
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