Governor Gavin Newsom has lifted a price cap on new rental listings for some single-family homes in Los Angeles, specifically targeting properties in areas like Bel Air and Beverly Hills in response to concerns that the restrictions were hindering post-fire housing availability. The price-gouging laws, triggered by recent wildfires, had limited monthly rental prices for properties not previously offered for rent to $9,554, impacting the market. Newsom’s executive order waived these rules for larger homes in select ZIP codes, while still enforcing restrictions on price increases and extending protections to rental agreements of any length until March 8.
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Sheffield Wednesday, one of England’s oldest soccer clubs, is in crisis
LONDON — One of the world’s oldest soccer teams is in big trouble. Sheffield Wednesday FC faces a crisis as financial troubles mount, leading to player departures, unpaid wages, and a transfer embargo. Owner Dejphon Chansiri's attempts to sell the club have been unsuccessful, prompting protests from fans and concerns about the team's future in a struggling English football landscape. Want More Context? 🔎
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