A California bill that would lower the amount a landlord can collect for security deposits is gaining steam as rising rents and deposits push tenants into tight financial situations.
for renters to one month's rent, instead of the two-to-three, currently allowed under state law.
"If I can keep some of my expenses low, I can pass some along to my customers and not jack up the prices so much," said Hernandez. "It's very expensive for a property owner to provide that housing," said Embert Madison of the California Apartment Association."We believe the method in which this is doing it puts too much of the burden on the property owner," said Madison.
"This is something important for working Californians who want to live closer to where they work or where their kids go to school," said Haney.
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