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How much can a landlord raise the rent in Bakersfield CA?

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How much can a landlord raise the rent in Bakersfield CA?

It is now illegal for residential landlords to raise rent more than 5 percent, plus the local rate of inflation, in one year. The COVID-related protections applicable to Bakersfield do not alter this.

How much can a landlord raise rent in Bakersfield California 2021?

Under California law (AB 1482), annual rent increases are capped at 5 percent plus the change in the regional Consumer Price Index (CPI), or no more than 10 percent of the lowest gross rental rate charged the tenant at any time during the twelve (12) months prior to the effective date of the increase.

How much can a landlord raise the rent in Kern County California?

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How Much Can a Landlord Raise the Rent in California? Under the new legislation, landlords will only be able to raise the rent by 5\% (plus the local rate of inflation) for any existing tenant.

What is the new rent law in California?

California landlord-tenant law prohibits landlords from arbitrarily raising rent year to year. California Gov. Gavin Newsom signed a bill in 2019 mandating statewide rent control, and from now until Jan. 1, 2030, California law limits increases of rent to 5\% each year plus inflation.

Why is rent so high in Bakersfield?

“That’s called L.A. prices.” Bakersfield’s housing market has tightened drastically in recent years as a shortage of both apartments and homes for rent has met with heightened demand from people moving in from outside the area during the pandemic’s loosening of in-person workplace restrictions.

How much can a landlord raise rent in California 2021 month to month?

Rent increases cannot exceed 5\% plus the percentage of annual increase in the cost of living adjustment promulgated by the U.S. Department of Labor, Bureau of Labor Statistics. The total increase is capped at 10\% annually, and only one increase is allowed in any 12 month period.

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Will California extend the eviction moratorium?

Out of time: California legislators won’t extend eviction ban. The California eviction moratorium is scheduled to end after Sept. 30, but legislators aren’t planning to extend the protections for renters.