KTLA

L.A.-Area Landlord Cites Prop. 10 as Reason Behind Rent Hike, Pledges to Cancel It if Measure Fails

Supporters of rent control demonstrate at the L.A. County Board of Supervisors meeting Sept. 11, 2018. (Credit: Los Angeles Times)

A Los Angeles-area landlord is telling tenants that the company will cancel a new rent increase if a California rent control ballot measure fails in November, according to a letter obtained by a tenants activist.

The letter informs tenants of an apartment complex that their rents are increasing and cites Proposition 10, an initiative that would allow cities and counties to expand rent control, as the cause.

“What this means is that although your don’t want higher rent and we did not plan on charging you higher rent, we may lose our ability to raise rents in the future as this becomes another government control on rents,” the Aug. 24 letter said. “Therefore, in preparation for the passage of this ballot initiative we must pass along a rent increase today.”

The letter, signed by Rampart Property Management, said the company planned to cancel the rent hike if Proposition 10 failed and that it would consider upgrades to apartments if it passed.

Read the full story on LATimes.com

34.052234-118.243685