Rent stabilization passes



California’s housing crisis has been dragging on for years with no end in sight. The state is trapped in a tight housing market that continues to squeeze the middle class.

When buying a home becomes financially unfeasible, many residents make due by renting. But even the state’s rents are some of the highest in the country.

A new bill in California hopes to at least keep rent increases in check. Assembly Bill 1482, which was signed into law by Gov. Gavin Newsom earlier this month, limits r...

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