The statewide Tenant Protection Act covers renters living in most apartment buildings constructed more than 15 years ago.

The law links allowable annual rent hikes with inflation. Because inflation has been cooling in the L.A. area, the legal limit on rent hikes for covered tenants is declining slightly, from 10% to 8.8%.

Read More: https://www.msn.com/en-us/money/realestate/new-cap-on-rent-hikes-takes-effect-for-tenants-in-la-and-orange-counties/ar-AA1eDrkz?ocid=hpmsn&cvid=8399703dcf2e46b0b709228d01d14734&ei=17