San Jose Tenants Face Uphill Battle Against Rent Hike
Two San Jose tenants face an increasingly Sisyphean struggle to hold off a crushing rent increase that could force them to move. Through an arcane loophole in the city’s rent control law, landlords were allowed to raise rents beyond the legal cap in order to pass through interest rates of new mortgage loans onto tenants. Although San Jose amended the law to close this loophole in June, in the three-month period before it took effect, the city saw fifteen Debt Pass-Through Petitions filed, as... more