this post was submitted on 10 Jan 2025
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Late Stage Capitalism

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[–] [email protected] 6 points 5 days ago* (last edited 5 days ago) (2 children)

California, where the apt is, limits rent increases to 5% plus the annual increase in the consumer price index (inflation)

[–] [email protected] 8 points 5 days ago

*except not if it's more like a house and if the landlord is renting only a small number of properties (don't remember exact wording)

[–] [email protected] 2 points 5 days ago

5% plus inflation is still triple the typical inflation 😟