California sees rent hikes over 50% in some areas; state considers new legislation to help.

Rent increases in California have surged, with some areas seeing hikes of over 50% in the past year. The East Bay, San Francisco, and Los Angeles are experiencing some of the highest increases, making it increasingly difficult for residents to afford housing. The state is considering new legislation to help curb these rapid rent increases.

December 03, 2024
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