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Rent control means essentially what it says: a limit on what rental rates can be charged. Municipal regulations establish a ceiling on the maximum rent charged per rental unit, as well as the amount the rent can increase every year. While often controversial, rent control intends to maintain a base of affordable housing for lower income households. Architect and SLT Co-founder Scott Plante explains the ins and outs of navigating the rent control labyrinth – and the legislation that impacts renters and landlords in Silver Lake.
READ THE ARTICLE HERE.
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