Breaking News: Scary Rent Control Legislation in CA

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California lawmakers are about to vote on a bill that would create a scary kind of rent control. It would give tenants who’ve organized into an association the right to “boycott” their rent if they have a grievance, or go on strike. That includes a rent increase that’s raised more than the rate of inflation. The legislation is called SB 529, and it’s up for a vote on Thursday, May 16th. www.NewsForInvestors.com

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