Los Angeles Daily News: “Driving owners of rental housing out of business is no solution to the housing shortage”

For more than three years, Los Angeles housing providers have been barred from raising rents, thanks to an emergency rent freeze implemented at the start of the COVID-19 pandemic. Now, the City Council is considering whether to end the freeze and allow limited rent increases or to extend it for another six months. The Los Angeles Daily News Editorial Board argues the rent freeze has driven some small landlords out of business. The solution to the housing shortage, they argue, does not lie in extending such a damaging policy. – Los Angeles Daily News