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Renters won't have to shoulder quake retrofit costs, L.A. councilman vows
Renters won't have to shoulder quake retrofit costs, L.A. councilman vows

Since Los Angeles embarked on plans to require costly retrofitting of thousands of earthquake-vulnerable buildings, some apartment renters have feared the costs of the work would be passed on to them. The city is already ranked as one of the least affordable for renters, and a recent USC study said rents were expected to rise by an average of 8% over the next two years. But there are growing signs that city officials are going to try to protect renters. The head of the City Council's housing committee recently pledged that tenants would not face huge rent hikes as a result of earthquake retrofits. "Let's be very clear as we move forward: This burden of this new...

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