March 23, 2018 -- After hearing from anxious landlords and tenants, Santa Monica’s Rent Control Board on Thursday asked staff to explore if -- and by how much -- both can share the rising costs of surcharges property owners now pass through to renters.
The board ordered more analysis on the possibility of instituting a cap on the total in surcharges the renters can absorb, based, for example, on total rent paid.
Read More: http://surfsantamonica.com/ssm_site/the_lookout/news/News-2018/March-2018/03_23_2018_Santa_Monica_Landlords_Plead_Case_for_Continuing_to_Pass_Rising_Surcharge_Costs_to_Renters.html