All Forum Posts by: Omid Sadeghpour

Hello everyone,

I own 6 rental units in the city of Los Angeles and am new to this "rent freeze" topic.

Given that Los Angeles is rent-controlled, does anyone know the following:

Once the rent freeze is removed, will the city allow landlords to also increase past years (i.e.: 2020, 2021, 2022...) in which rent was not increased in an amortized manner given the rate of inflation?

Meaning, worst-case scenario is that inflation in 2023 is 3% and we as landlords can only increase rents by 8%. Ideally, we should be able to increase rents by 8%, and another extra 2.5% for the next 10 years. How do I get that extra 1%? Because the rent increase from 2020, 2021, 2022 should be at least 15% plus the inflation of those years which is about 10% cumulatively. 

So 25% / 10 years is 2.5%. This is really bad math, but in essence... does anyone know if we are going to have that?

Such a helpful article. Thank you all for sharing your expierces.