AB 1506 Vacancy Control Bill is on Hold
As state bill that would let cities dramatically expand rent control has been put on hold for a year by its author amid fierce opposition from landlords.
The proposal from Assemblyman Richard Bloom (D-Santa Monica) would repeal the landmark Costa-Hawkins Act, a 1995 law that barred rent caps on single-family homes and apartments built after that year.
Read More: http://www.latimes.com/business/la-fi-rent-control-bill-20170405-story.html