Mayor Eric Garcetti said Monday he would "absolutely" consider extending rent restrictions in Los Angeles to cover newly built apartments if California voters repeal a state law that prohibits it.

Garcetti joined tenant and community activists at a news conference outside City Hall to back a proposed ballot initiative that would roll back the Costa-Hawkins Rental Housing Act, which bans cities and counties from capping rent increases on apartments built after 1995.

Read More: http://www.latimes.com/local/lanow/la-me-ln-garcetti-costa-hawkins-20180422-story.html