Renters, Landlords May Split Quake Costs

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Los Angeles officials proposed a compromise Wednesday in which building owners and renters would share the financial burden of paying for seismic safety upgrades for older apartment buildings, the Los Angeles Times reports. Tenants could face rent increases over a five- to 10-year period with a maximum increase of $38 a month. Many renters had been concerned their landlords would make them pay higher rents in order to pay the retrofitting costs.

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