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: rent control california
One of the hottest arguments among Real Estate Investors across the Monterey County area in 2020 is if long-term or short-term rental properties make a better investment? This is an understandable question to ask because, the demand for rental properties has never been greater but, depending upon whom you ask, there’s always going to be […]
Over the last year, rent control has been something that everyone has been talking about in California. Love it, or hate it, the State finally moved in the direction of rent control when Governor Gavin Newsom signed AB 1482 into law. What is AB 1482? How will it change the rental market in California? […]
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 […]
De-facto rent control is coming to California thanks to AB-1482 getting approved in the California State Senate. Assemblyman David Chiu’s bill got the votes that it needed and will soon be signed by Governor Newsom who has been eager to pass some form of rent control this year following the loss of Proposition 10 in […]
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to believe that it’s almost been one year since the historic loss of Proposition 10, the ballot measure that would have repealed Costa Hawkins and implemented State Wide rent control.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 […]
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