> As housing prices surge, rent control is back on the ballot
As housing prices surge, rent control is back on the ballot
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Liberty McCoy was out Saturday urging voters to pass a Nov. 8 ballot measure to limit rent increases in Pasadena because she's afraid she'll be priced out of the city where she grew up and where her aging parents live.
The librarian and her husband, a freelance consultant, received notice of a $100 monthly rent increase last year and another for $150 this year, bringing the rent on their home outside Los Angeles to $2,350 a month. They can absorb the increases for now — but not forever.
MORE: https://www.cbs8.com/article/news/local/housing-prices-rent-control/103-b5945ce2-a1c6-402e-bb98-9f0fe743f861