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California's New Rent Control Law May Have Limited Effect on Apartment Investors, Executives Say

Strong Financial Performance in Golden State Offsets Concerns on Rent Caps, Eviction Restrictions
Tenant protection groups rallied to support California's new rent-control law. (Michael Fleshman/Flickr)
Tenant protection groups rallied to support California's new rent-control law. (Michael Fleshman/Flickr)
CoStar News
October 14, 2019 | 8:12 P.M.

California's new rent cap and eviction protection law may have a limited effect on the Golden State's surging apartment market following some uncertainty and disruption for investors, according to sales brokers and rental housing industry executives.

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