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California approves statewide rent control to deal with housing crunch

Reuters Thursday, 12 September 2019 ()
California lawmakers on Wednesday passed a statewide cap on annual rent increases for most tenants, the boldest step yet to address an affordable housing crunch that has helped push people into the streets.
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News video: California Senate Approves Statewide Rent Control Bill

California Senate Approves Statewide Rent Control Bill 00:31

A bill to cap rent increases for most tenants in the country's most populous state has cleared a key legislative hurdle.

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