The Los Angeles City Council signed a compromise proposal Nov. 14 to allow rent increases in the city, ending a pandemic-era ban that has stood since 2020.
Almost a year ago, January 31, 2023, the Los Angeles City Council had finally declared that the COVID-19 emergency was finally over, and with that, they promised the “emergency” rent freeze would expire 12-months later effective on January 31, 2024, allowing housing providers to finally get back to normal operations of collecting rent and responding to unprecedented inflationary pressures. This promise that so many of the City’s rental housing providers had relied-upon, was broken.
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