Monthly Archives: August 2018

Urban Land Institute to Tackle the Impact of Rent Control on California’s Economy

"The Urban Land Institute Orange County / Inland Empire District (ULI OC/IE) Council will host a panel discussion, on September 7th regarding the impact of Proposition 10, the repeal the Costa Hawkins Act, appearing on the ballot this November. The Costa Hawkins Act (CHA) was enacted in 1995 to limit the ability of municipalities to impose most [...]

2018-08-31T09:06:24-07:00August 31st, 2018|Advocacy, Local Updates, National Updates|

AHF’S Weinstein Attempts Another Power Grab

"Not content to simply divert precious health care dollars to fight land use battles, Michael Weinstein, president of the AIDS Healthcare Foundation, has drafted his pet project, Prop. 10, to grant himself autocratic and extraordinary legal powers. Prop. 10, sponsored by AHF, includes a provision that allows cities to impose rent control policies. In [...]

2018-08-30T11:39:23-07:00August 30th, 2018|Advocacy, Local Updates, National Updates|

Colloquium in Political Science CLASS Features Debate on Prop. 10

"Activist Andrea Slater and author Steven Greenhut debated Proposition 10 and controversial rent control issues Wednesday afternoon during professor Alan Ross’s Colloquium in Political Science class, or Political Science 179. Prop. 10, which will appear on the Nov. 2018 ballot, would repeal the 1995 Costa-Hawkins Rental Housing Act that controls cities’ jurisdiction over rent control laws. Under [...]

2018-08-31T10:22:32-07:00August 30th, 2018|Advocacy, Local Updates, National Updates|

Wall Street Already Jittery About Possible Expansion of Rent Control in California

"The mere possibility that California’s ban on rent control could be repealed is making Wall Street investors and landlords jittery. Earlier this month, analysts from SunTrust downgraded Equity Residential(NYSE: EQR) from "buy" to "hold" based in part on Proposition 10, a California ballot initiative that would give cities more leeway to adopt rent new control policies. [...]

2018-08-30T10:42:13-07:00August 30th, 2018|Advocacy, Local Updates, National Updates|

Affordable Housing Shortage Blamed for First Homeless Increase in U.S. Since 2010

"The number of homeless people in the U.S. has increased in the past year — the first upward trend in the population since 2010 — which is blamed largely on rising rents and lack of affordable housing especially on the West Coast. Seven years ago, the U.S. Department of Housing and Urban Development count identified [...]

2018-08-30T10:26:45-07:00August 30th, 2018|Advocacy, Local Updates, National Updates|

Facing Dozens of Evictions, Palo Alto Passes ‘Emergency’ Renter Protections

"PALO ALTO — When dozens of families living in a downtown apartment building found eviction notices slipped under the doors last June, they reached out to their local elected officials, pleading for help. The response came this week: the City Council pushed through Palo Alto’s strongest ever renters protections, approving an emergency ordinance that forces large landlords to [...]

2018-08-29T15:21:33-07:00August 29th, 2018|Advocacy, Local Updates, National Updates|

Weinstein and Van Horne for Attorney General

"Sponsors of California initiatives are always seeking broad power. A California initiative either changes the law or puts in place a statute that can only be undone by another vote of the people. But in recent years, even that much power hasn’t been enough for some initiative sponsors. They write into their initiatives to power [...]

2018-08-29T10:19:51-07:00August 29th, 2018|Advocacy, Local Updates, National Updates|

NAA / NMHC Team Up to Fight Rent Control

"Four decades ago, the NAA and NMHC came together to overturn onerous and destructive rent control policies in 35 states. Today, for a variety of reasons, rent control is making a comeback, and California is Ground Zero in what is most aptly called an existential battle for our industry. Californians will vote this November on whether or [...]

2018-08-29T08:59:12-07:00August 29th, 2018|Advocacy, Local Updates, National Updates|

Prop. 10: Rent Control

"Sponsored by Sheppard Mullin, a full service, global law firm with 750 attorneys. The firm handles corporate and technology matters, high stakes litigation and complex financial transactions. Visit Additional sponsorship by The Stringer Foundation. Vote yes or no on allowing local governments to adopt rent control. This initiative would repeat the Costa-Hawkins Rental Housing Act, the [...]

2018-08-28T15:24:05-07:00August 28th, 2018|Advocacy, Local Updates|

Real Estate Round-Up: Proposition 10 is NOT an Affordable Housing Solution

"Sometimes things are not as they appear. Take for example Proposition 10, The Affordable Housing Act, which will be on the Nov. 6, ballot. Proposition 10 gives local governments the right to adopt rent control ordinances-regulations that govern how much landlords can charge tenants for renting apartments and houses. Proposition 10 can also enact controls [...]

2018-08-28T10:00:51-07:00August 28th, 2018|Advocacy, Local Updates|