Newsom waives rental price caps in affluent areas around LA

Gov. Gavin Newsom has waived price-gouging rules for rentals in more than two dozen wealthy zip codes in Los Angeles in response to concerns the rules choked off available housing for the thousands of homeless refugees from last month’s wildfires. Under an executive order, Newsom lifted the rental caps on the new rental listings for […]This article originally appeared on The Real Deal. Click here to read the full story.