Reaming owners and other renters with rent control

L.A. Mayor Eric Garcetti has lent his support to an initiative that would rein in the 1995 Costa-Hawkins Rental Housing Act, which bans counties and cities from limiting rent increases on post-1995 apartments. He also said he would consider extending rent restrictions to newer buildings in Los Angeles if the state initiative passes, in the name of assisting renters.
However, while he claims to see injustice between tenants under rent control (which he called “like winning the lottery&rdquo