Monthly Archives: June 2018

Is Rent Control Working and Should We Have More or Less of It?

"In the mid-'90s, California was going through an affordable housing crisis. To encourage more housing development, two politicians, Democratic Sen. Jim Costa of Fresno and Republican Assemblyman Phil Hawkins of Bellflower, wanted to curb rent control. They drafted the Costa-Hawkins Rental Housing Act, and in 1995 it passed by one vote. Costa-Hawkins shaped rent control [...]

2018-06-29T19:10:30-07:00June 29th, 2018|Advocacy, Local Updates|

Rent control bill is not the solution to state’s housing crisis

"California’s housing crisis continues to spiral out of control. Just last week, the California Association of Realtors reported that May 2018’s median price for a home in California was more than $600,000, a 9.2 percent increase from May 2017 and hitting a new high for the first time in more than 10 years. While it’s [...]

2018-06-27T19:21:47-07:00June 27th, 2018|Advocacy, Local Updates|

Rent Control Increase Capped at $60

Santa Monica: "The rent control board has capped rent increases $60 a month following a brief hearing last week. Increases for rent-controlled units are subject to two caps: a percentage and a fixed dollar amount. The percentage is mandated by the city’s rent control rules and is determined by a fixed formula that yielded at [...]

2018-06-27T17:08:08-07:00June 27th, 2018|Advocacy, Local Updates, Santa Monica|

Rent Control: Maybe Good For You, Maybe Not Good For Future You

"Exploding rents affect millions in California, where renters make up nearly half of all households. As rents have increased, so have calls to strengthen rent control laws across the state." Click here to continue reading

2018-06-25T15:48:18-07:00June 25th, 2018|Advocacy, Local Updates|