The balance of power in the rental market has really shifted very rapidly to #renters,” said Jay Parsons, chief economist for real estate technology firm #RealPage

Lake Worth Beach has one of the highest rates of cost-burdened #renters in Palm Beach County, with 65% of renter households paying #over 30% of their income toward rent.

The recent decision came after hours of listening to terrified #renters, who packed the room of a city meeting with the hopes of #demanding protections as they faced unprecedented rent hikes.