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Beverly Hills : Rent Increases Announced

October 29, 1987

Apartment dwellers who are subject to annual rent increases in December will face a 3.7% hike, the city Rent Stabilization Office announced this week.

Under the city's rent control ordinance, apartment owners with units that rented for $600 or less in 1978 are allowed annual increases tied to a formula based on the consumer price index for Los Angeles County or a maximum of 8%.

All other rental units are allowed annual increases of up to 10%.

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