The California rental market has been through a lot recently from the passing AB 1482, statewide rent control, to the impact of Coronavirus, and now we face AB 828. What is AB 828? If passed, it would allow California courts to cut rents by 25% statewide and it would adversely impact the rental market for […]
Tag Archives: california rent control
AB 1482 will go down as being California’s first real foray into rent control and even though everyone will admit that the state has a problem with high rents, few people really are agreeing on what to do about. What Are the Critics Saying About Rent Control in California? As with any new piece of […]
It’s hard to believe that it’s almost been one year since the historic loss of Proposition 10, the ballot measure that would have repealed Costa Hawkins and implemented State Wide rent control. Following the loss, California’s elected officials went back to the drawing board in search of ways to accomplish their rent control goal and […]
Following the historic defeat of Proposition 10 in the November 2018 election, legislators have continued on the path to Statewide rent control and with their latest effort, AB 1482, their goal is getting closer to reality. What Is AB 1482? If it’s signed into law by Governor Gavin Newsom, AB 1482 will make it illegal […]
As we get ready for the July 4th holiday the State of California is getting ready to have the first hearing in the Senate for AB 1482, the controversial bill that would bring rent control to the entire state. AB 1482 has faced an uphill battle from the start but it’s creator, Assemblyman David Chiu, […]
Thanks to a recent article from the Washington Post we know that most economists agree that rent control is indeed bad for the economy because it doesn’t solve the supply vs. demand issue that we have in California and the United States today. Rent control bills like the defeated Proposition 10, or AB 1482, California’s […]
Last week the California Apartment Association met for its legislative conference to discuss the wide variety of legislative issues affecting investors who own rental housing in California. Some of the issues that were discussed included: AB 1482, California’s anti-gouging rent control bill and other housing related bills like SB 50. More than 400 professionals […]
Following the historic defeat of Proposition 10 in the November 2018 election, California’s elected officials have been working harder than ever before to accomplish their goal of rent control in California and AB 1482 is their latest attempt at accomplishing their goal. Although it looked like AB 1482 would be defeated on Wednesday because the […]
Following the historic loss of Proposition 10 during the November 2018 election, the battle over rent control in California was only put on pause for a few months as our elected officials went back to the drawing board to come up with more bill’s to make rent control law in California. Tomorrow, April 25th, 2019, […]
The City of Los Angeles announced this week that they will be approving a 4 percent rent increase for the period of July 2019-July 2020. Los Angeles is one of several Southern California communities that has had an active rent control ordinance for a long time and the news of their 4 percent rent increase […]
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