Already, tenants across California might have gotten a notice posted to their doors promising a big rent increase come Aug. 1. And there will be something familiar to blame: inflation.
Landlords will be allowed to boost the rent on millions of apartments statewide by as much as 10% starting next month. It’s the maximum allowable annual increase under a state law passed a few years ago that was designed to protect tenants from being pushed out of their homes due to exorbitant rent hikes.
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