In a move aimed at stemming the tide of skyrocketing rents that have helped spur a statewide housing crisis, California Gov. Gavin Newsom signed a sweeping rent cap bill into law Tuesday.

Read More: https://www.msn.com/en-us/money/realestate/newsom-signs-ab-1482-capping-rent-hikes-across-california/ar-AAIu92H