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California governor announces deal to cap rising rent prices

California governor announces deal to cap rising rent prices

KEY POINTS The proposal still needs to clear the state Legislature, which adjourns for the year in two weeks. The California Apartment Association said it will not oppose the bill. California Gov. Gavin Newsom reached a deal with apartment owners and developers Friday on legislation that would cap how rapidly rents can rise as the […]

House Republicans consider capping property tax deduction

House Republicans consider capping property tax deduction

WASHINGTON — House Republican leaders have offered to preserve the property tax deduction that benefits a huge swath of homeowners from California across America to the Carolinas. But their plan could come with a hitch.