Prospective tenant says 3x income requirement is not legal

[Dan McGrew]

Had a prospective tenant share the article below. This seems bogus but wanted to see if others had similar thoughts:

https://boundlessestates.com/new-law-starting-july-1st-landl...

[Russell Brazil]

Quote from @Dan McGrew:

Had a prospective tenant share the article below. This seems bogus but wanted to see if others had similar thoughts:

https://boundlessestates.com/new-law-starting-july-1st-landl...

 Well first are you in California? That article references California.

2nd, I believe it's a misinterpretation of the new California security deposit law which limits security deposits to 1 months rent. So previously if someone needed 2 months security deposit, plus the 1st months rent, they would need 3 months rent to move in. This is completely different from needing to make 3x the monthly rent in income to qualify.