California state-wide rent control is similar to New York City.  California, the most populous state in the union, passed statewide rent control to address the housing crisis.  The Assembly Bill 1482 voted 46-22 and the bill is on its way to Governor Newson’s desk.

AB 1482 protects tenants across the state against excessive rent hikes and limit annual rent increases to 5 percent after inflation.

Nearly 50 percent of the country homelessness population is in California, and most people spend half of their disposable income in rents.  The average rent in Los Angeles is $2,516.  With inflation averages about 2 percent, Los Angeles’ landlords can only increase the rent by about 7 percent of $2,692.