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Inflation could spark rent increases



Come Aug. 1, people across California could see a rent increase, and inflation is partly to blame.

Landlords will be allowed to increase rent by a maximum of 10%.

A few years ago, a state law offered protection to tenants by limiting yearly rent increases to 5% plus an inflationary figure up to a total of 10%. Now, because inflation is so high, many landlords will meet requirements to raise rent to that limit.

Kimberly Cheng reports for the KTLA 5 News at 3 on July 21, 2022.



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