Engineer Matt Swanson was working in the home office of his Baldwin Park apartment a few days ago when his wife, Katelynn, came in crying.
“She was hard sobbing, couldn’t catch her breath,” Swanson said. “I asked ... ‘Did someone die?’”
It wasn’t that. Instead, the Swansons had received the renewal notice from their landlord. The monthly rent on their two-bedroom was going up by $703, from $1,747 to $2,450 — a 40% increase.