A proposal to cap rent increases at 3% for many landlords in unincorporated L.A. County is meant to keep housing affordable for at-risk tenants.
  • erp@lemmy.world
    75·
    23 days ago

    ↑ supply or ↓ demand. As much as it frustrates politicians, these are the only true levers.

    Of course, economists have successfully predicted 5 out of the last 3 recessions so who knows. Why don’t you go ask Chat GPT.