Many tenants are going to take a look for some rent-stabilized apartments. These allow them to have more control over how much they will spend on rent now and in the future if they choose to stay. It can make the apartment more affordable rather than jumping around or seeing that inflation makes the prices go up. There are a few different benefits of choosing these rent stabilized apartments including:

# No surprises: Under the laws of rent stabilization, landlords are only allowed to raise the cost of rent by a predetermined amount. This is not dependent on the market or what is going on around them, it is determined by the law. This will ensure that the tenants are not forced out because of a big rent increase. The tenant will also be prepared for the increase, because they know when these will happen ahead of time.

# Housing is more affordable: One of the biggest reasons to bring in these laws in many states is that it will address the problem of increasing homelessness from higher rent prices. Rent stabilization makes it easier to find affordable housing for a lot of people. Landlords can only increase the amount a little bit, which makes the area more affordable for the tenant.

# Tenant renewal protection: Even though each state is different in how they are going to do this, there will be some protections to the tenant. The tenant is allowed to renew their leases if they choose to. Landlords will have to provide the tenant with the option to renew for a term of one year and can’t try to chase them out.

For the most part, the laws for rent stabilization will favor the tenant more than the landlord. These help to make the housing more affordable and the landlord may need to swallow some of the additional costs since they aren’t able to raise it until the tenant is gone. This is why it is a bit more difficult to find these types of apartments.

Living in California can be a great way to get the best of everything. You get a chance to get out and have so much to do, including the great beaches everywhere. When you are looking for apartments in downtown Long Beach, CA, come and take a look at some of the units we have available. We are proud to offer spacious apartment units for all of our tenants, ensuring that you can get the best amenities and so much more. Come and take a look at some of our available apartments and see if they are right for you!