Reposted by We are the revolution🌹
The Los Angeles City Council has unanimously approved a motion to begin creating a policy that would give tenants the option to purchase their buildings.
The motion passed 12-0, with two members recusing themselves because they're landlords.
theeastsiderla.com
L.A. tenants may gain option to buy their apartment buildings under City Council proposal
The Los Angeles City Council unanimously approved a motion Friday to create a policy that would give tenants the option to purchase their buildings, helping to maintain affordable rents.