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L.A. County Tries First-Right-to-Buy | California News

L.A. County Tries First-Right-to-Buy | California News

Published 6 days, 2 hours ago
Description

L.A. County is rolling out a bold new policy to protect renters: landlords with five or more units in unincorporated areas must notify affordable housing groups before selling. Aimed at stopping big investors from buying, raising rents, and displacing longtime residents, the move targets a county where over half of renters are already overburdened — especially Black and Latino households. While some worry it adds bureaucracy and stifles investment, tenant advocates say they’re ready to compete and preserve affordable homes. The policy, modeled after San Francisco’s and D.C.’s successful programs, gives these groups a right of first refusal — not a forced sale — and county staff have six months to finalize the details.

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