Monthly Archives: May 2019

California Plan to Prevent Big Rent Hikes Advances, but Only After It’s Limited to Three Years

Supporters of rent control measures march past the Capitol in Sacramento in April 2018. (Rich Pedroncelli / Associated Press) An effort to temporarily protect California tenants from steep rent increases cleared a major hurdle in the Legislature on Wednesday night after tenant advocates agreed to make changes to significantly weaken the legislation. The measure would cap annual rent hikes statewide [...]

2019-05-31T09:36:44-07:00May 31st, 2019|Advocacy|

Toni Atkins Takes No Blame For Shelving Of Major Housing Bill

Senate President Pro Tem Toni Atkins is pushing back against calls from housing advocates that she should rescue a stalled bill aimed at addressing the state's housing crisis. Senate Bill 50, authored by Sen. Scott Wiener of San Francisco, would require cities and counties to allow denser and taller housing near public transit and in wealthy communities [...]

2019-05-29T11:53:17-07:00May 29th, 2019|Advocacy|

Is Another Southern California Housing Crash Needed to Create ‘Affordable’ Housing?

Are Southern California homes more unaffordable these days? Well, it depends on which yardstick you’re using. If you look at home pricing and incomes since the Great Recession ended, affordability has gotten much worse. Of course, if we dream of returning to that era, don’t forget those bargain hunters of those days were bold. Buyers [...]

2019-05-29T11:50:42-07:00May 29th, 2019|Advocacy|

Losing sight of the American dream: Southern California home prices rising 4 times faster than wages

“These (Southern California) properties are out of our range. … There’s nothing we can afford,” said Karie Herber, 44, a nurse and mother of two with a dog named Vader. “We’ve now come to terms that we might have to move to Idaho.” “We made a conscious decision we’re not going to be house poor [...]

2019-05-29T11:41:31-07:00May 29th, 2019|Advocacy|

Convention Schedule and Speakers + Tenant Protection Stalemate + Another Vaccine Battle

Thousands of Democrats are headed to one of the country’s most liberal cities this weekend to network, elect a new state party chair, exchange legislative ideas and, yes, campaign. Around 5,000 delegates, media representatives, volunteers and staff members are registered for the California Democratic Party’s three-day convention in San Francisco, and names on the guest list [...]

2019-05-29T11:38:43-07:00May 29th, 2019|Advocacy|

Link REIT Rent Control Bill Appears Doomed

A Hong Kong politician’s attempts to meddle in the commercial operations of Link Reit appears to be foundering after officials described a proposed rent cap on the trust’s malls as out of line with basic law. Three months ago, lawmakers Regina Ip and Alice Mak, released draft legislation recommending rent caps for shops in public [...]

2019-05-29T11:33:51-07:00May 29th, 2019|Uncategorized|

California Democrats “Dropped the Ball” on Housing Package

California’s housing crisis is more dire than ever, but state lawmakers have continued to kick the can down the road. Significant amendments to ambitious tenant protection policies have hamstrung legislative efforts to temper California’s acute housing crisis. Even in early committee drafts, the California legislature has either watered down or dismissed bills that would establish [...]

2019-05-29T11:31:18-07:00May 29th, 2019|Advocacy|

Opinion: City Puts Responsibility for Housing Crisis on Those Providing the Housing

Sue Scott is a semi-retired fitness consultant and the owner of 25 rental units in two properties in Portland. She lives in Happy Valley. The city is using legislation and threats of huge penalties, fines and fees to put the housing crisis on the backs of those who provide housing. The proposed regulations for tenant [...]

2019-05-29T11:28:48-07:00May 29th, 2019|Advocacy|

102-Year-Old Woman Facing Eviction Gets Help from Arnold Schwarzenegger

LOS ANGELES (AP) — A 102-year-old woman facing eviction from her California home of nearly 30 years is getting help from Arnold Schwarzenegger. The Los Angeles Times reports Thelma Smith was given until June 30 to move out by landlords who say their daughter needs a place to live. Los Angeles’ rent control law provides relocation assistance [...]

2019-05-29T11:26:18-07:00May 29th, 2019|Advocacy|

Spain’s Most Aggressive Rent Controls to Soon Hit Barcelona

Want the lowdown on European markets? In your inbox before the open, every day. Sign up here. After seeing housing costs jump by more than 50% in the past five years, officials in Barcelona are moving to introduce Spain’s most aggressive rent controls. Under a decree published last week, landlords will have to negotiate leases based [...]

2019-05-29T11:21:24-07:00May 29th, 2019|Uncategorized|