Inglewood is latest LA-area city to consider imposing rent-hike freeze

A number of cities in the area have found ways to expand rent regulations after voters statewide rejected rent control ballot measure

TRD LOS ANGELES /
Mar.March 05, 2019 09:00 AM
Inglewood Mayor James Butts (Credit: Flickr)

California voters in November resoundingly rejected a ballot measure that could have lifted the state ban on rent control, but that hasn’t stopped local municipalities from trying to impose rent-hike freezes.

Inglewood is now the latest Los Angeles-area city to flirt with those rent regulations.

The Inglewood City Council on Tuesday will vote on a 45-day moratorium on rent increases higher than 5 percent over a one-year period, effectively capping rents through next spring, according to Curbed. Mayor James Butts proposed the measure.

The measure would apply to rental units built before February 1995 in order to comply with the Costa-Hawkins Rental Housing Act, which bars California cities from regulating any building constructed after that year. Single-family homes and condos are exempted.

Around 65 percent of Inglewood’s 110,000 residents are renters. It’s much cheaper to rent in Inglewood than in most parts of metro L.A., but it’s become more expensive as commercial investment dollars have poured into the city. The $5 billion L.A. Stadium and Entertainment District, future home of the NFL’s L.A. Rams and L.A. Chargers, is slated to open in 2020. The L.A. Clippers is planning to build a new stadium in the city as well, but that project is tied up in litigation.

Since voters rejected the ballot question — called Proposition 10 — to repeal Costa-Hawkins, a number of cities in the L.A. area have found ways to expand their rent regulations.

Glendale instituted a temporary 5 percent cap on rent increases following Prop 10’s defeat. The L.A. County Board of Supervisors also passed a temporary cap on rent hikes in unincorporated areas of the county, including communities near Inglewood.

Critics of the county’s measure claim it is scaring off investors from those communities. [Curbed]Dennis Lynch


Related Articles

arrow_forward_ios
LA city council members want to close “loophole” in rent control law

LA measure would make it tougher for landlords to force out tenants for renovations

Michael Weinstein, the director of the AIDS Healthcare Foundation

It’s back: AIDS Healthcare rental cap bill heads to ballot

Art Caption: Clockwise from top left: Assemblyman David Chiu and Gov. Gavin Newsom pushed for a statewide rent control law, L.A. mansions that sold for combined $400+ million, developer Mohamed Hadid battled to save his Bel Air project, Frederik Eklund of Douglas Elliman moved to L.A. and (inset) streaming services gobbled up more space.

LA’s biggest real estate stories of 2019

Tenancy in common arrangementsare growing in gentrifying Eastside neighborhoods like Silver Lake, Echo Park and Glassell Park (Credit: iStock)

LA landlords pitch controversial ownership arrangement as rent law kicks in

David Ryu (Credit: Getty Images)

LA becomes 1st city to enact ban on developer money

Assemblyman David Chiu

Landlords are evicting tenants ahead of rent control law: tenant group

Herb Wesson is proposing drastic measures to regulate market-rate residential development. (Credit: Getty Images)

Inside Herb Wesson’s radical affordable housing plan

James Dolan, James T. Butts, Steve Ballmer, and a rendering of the proposed Clippers Arena

Intrigue over Clippers’ $1.1B stadium deepens in Inglewood

arrow_forward_ios
Loading...