The Los Angeles City Council approved an ordinance that would limit rent increases on rent-stabilized units to 4%, or up to 6% if landlords cover gas and electric costs.

Read More: https://www.msn.com/en-us/money/realestate/la-city-council-approves-ordinance-that-would-limit-rent-hikes-for-rent-controlled-units/ar-AA1kKd2V?ocid=hpmsn&cvid=bf6ca86da9cd42ad808a789ef598c9fa&ei=22