This year, the 12 month change in Consumer Price Index published by the US Bureau of Labor Statistics for the Los Angeles, Riverside, Orange County region was an unusually high 8.5 percent. This reflects the high inflation rates seen nationwide. 

As a result, this year’s maximum allowable annual rent increase was calculated at 6.4 percent. However, the actual rate used will be 6 percent, as an amendment to the Rent Control Charter limits the maximum allowable adjustment to 6 percent in any given year.

Read More: https://www.smdp.com/rent-control-tenants-facing-third-highest-annual-rent-increase-in-history/218250