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Should there be rent increases in these hard economic times?




A sign for an apartment to rent is seen in Los Angeles on May 27, 2009.
A sign for an apartment to rent is seen in Los Angeles on May 27, 2009.
Gabriel Bouys/Getty Images

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Good news for Los Angeles renters, at least for now—a City Council committee wants to prevent landlords from raising prices on rent-controlled units for the next four months. The moratorium on rent hikes would affect the 630,000 rent-controlled units in LA. If the temporary freeze is not approved, landlords will otherwise be permitted to raise rents by 3%. Renters and landlords of Los Angeles, are increases fair in this tough economic climate? Share your thoughts with Larry Mantle ahead of the full council vote later this week.

Guests:


Larry Gross, Executive Director of The Coalition for Economic Survival

Ryan Minniear, Executive Director of the California Apartment Association of Los Angeles