multi-family real estate Archives - Long Beach Business Journal
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Long Beach Multi-Family Owners Brace For Statewide Rent Control

In October, Gov. Gavin Newsom signed Assembly Bill (AB) 1482, which as of January 1, 2020 will instate a cap on residential rent increases to 5% plus the percentage change in cost of living, or 10% – whichever is lower. The bill, which has a January 2030 sunset date, led to a flurry of rent […]