Oakland Rent Hikes Now Capped at 3%
Originally set to allow 6.7% rent hikes, the new law with a lower cap goes into effect on June 7, 2022
By Becca Bandit - posted 6/2/2022
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Thanks to KRON4 for sharing the news that Oakland City Council recently voted to cap rent hikes to 3%. The law goes into effect on June 7, 2022.
This will be a big help for Oakland renters; approximately 60% of Oakland residents are tenants. This came as a swift change from last month when Oakland City Council had said rent-controlled properties could raise rent by 6.7%, which would have been the largest allowable increase in decades.
