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The Nexus
POLITICSJul 7 · 23:41 UTCLAISTDavid Wagner

LA County wants to put affordable housing groups first in line to buy apartment buildings

LA County supervisors propose a law to notify affordable housing groups when apartment buildings in unincorporated areas are for sale, aiming to prevent corporate landlords from displacing renters. The law would give these groups first dibs on purchasing properties, but landlords can still sell to others if offers are higher. Real estate groups oppose the plan, calling it an unnecessary regulatory burden.

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