Governor Gavin Newsom raised A price ceiling on the new rental lists For some single -family houses in Los Angeles, responding to the concerns that the rules restrict the availability of housing following forest fires last month.
Triggered by Eaton and Palisades fires, California prices have limited the monthly rental price of the Los Angeles County properties which had not been offered to rent the previous year to, in fact, not more than $ 9,554 per month. This amount was lower than the prices before fire for the largest houses in richer neighborhoods. Real estate analysts told The Times That the price ceiling could prevent thousands of potential rentals out of the market. More than 11,500 houses were destroyed In the fires of last month.
Below An executive decree issued on MondayNewsom has given up pricing garage rules for new unifamilial losses rental lists with four or more rooms in Bel Air, Beverly Hills, Brentwood and 24 other postal codes.
“This executive decree relieves targeted regulations which have an impact on the victims and would otherwise slow the rapid recovery of this community,” Newsom said in a statement.
Other provisions of the prices prices law remain in force, one of which prohibits owners with properties offered to rent in the past year to increase the price by more than 10%.
Newsom's order on Monday also widened these protections. As written, prices laws apply to leases of one year or less. In the midst of the information according to which the owners plead the rules by signaling the tenants of 366 days, the Newsom order extends the rules to the rental agreements of any duration.
Price garage restrictions will last until March 8, unless they are extended.
