Monthly Archives: June 2019

Landlords Are Still Crying About New York’s New Rent Control Laws ;(

Last week, New York’s legislature passed a raft of bills that will dramatically change the landscape for landlords and tenants in the state. Specifically, the laws make it harder for landlords to convert rent-controlled apartments to market-rate apartments, one of the major fuels for gentrification. Now, landlords are extremely sad. And we can’t get enough of it. “It’s all [...]

2019-06-24T16:39:57-07:00June 24th, 2019|Advocacy|

NYC’s Controversial New Rent Measures Could Spread To The Rest Of The State

Carla Johnson has been evicted from nine apartments in the past four years. All she did, she says, was complain about things like a gas leak, mold or a missing security gate. "It's cheaper for the landlord to put you out and move someone else in that doesn't know about the problem," she says. She [...]

2019-06-21T15:28:59-07:00June 21st, 2019|Advocacy|

These States Are Turning to Rent Control: How It Affects Affordable Housing

With Meghna Chakrabarti With about half of American renters spending more than 30% of their incomes on housing, advocates in cities and states across the country are building efforts to revive rent control policies. In February, Oregon became the first state to impose a statewide rent control policy. And lawmakers in New York, Washington and California have proposed [...]

2019-06-21T15:26:43-07:00June 21st, 2019|Advocacy|

Rent Control Rears Its Ugly Head, Again

It didn’t take long for rent control to rear its ugly head again and this time it’s in the State of Oregon, Many of you will remember the scare in California last fall with the potential repeal of the 1995, Costa-Hawkins Rental Housing Act (CHRHA) that was on the November ballot. The CHRHA is a 1995 state [...]

2019-06-21T15:22:10-07:00June 21st, 2019|Advocacy|

L.A. City Council Votes to Ban Low-Income Section 8 Rental Discrimination

Kimberly Dominique lived in her car for months before she finally found a landlord who accepted her Section 8 voucher. (Maria Alejandra Cardona / Los Angeles Times) The Los Angeles City Council on Tuesday approved an ordinance that bars landlords from refusing to consider tenants who pay rent through Section 8, the federal subsidy program [...]

2019-06-20T16:26:09-07:00June 20th, 2019|Advocacy, Los Angeles|

Google Investing $1 Billion to Fight Bay Area Housing Crisis

San Francisco (CNN Business)Google is pledging $1 billion to help fight the housing crisis in the San Francisco Bay Area. The company announced Tuesday it will repurpose at least $750 million of the land it already owns in the Bay Area for residential housing. In a blog post, Google (GOOG) CEO Sundar Pichai said the land — most of which [...]

2019-06-20T16:22:51-07:00June 20th, 2019|Advocacy|

Berlin approves 5-year rent freeze in German capital

BERLIN, June 18 (Reuters) - The Berlin Senate on Tuesday approved a five-year rent freeze designed to tame soaring housing costs in the German capital, bowing to pressure from residents angry that their city has become unaffordable. The Senator for Urban Development and Housing in Berlin, Katrin Lompscher, said the five-year freeze, which was originally [...]

2019-06-19T10:17:13-07:00June 19th, 2019|Advocacy|

The One Issue Every Economist Can Agree Is Bad: Rent Control

There aren’t that many things you can get economists to agree on. Fiscal stimulus, minimum wages, monetary policy, health care, bank regulation — on almost all the major issues of the day, you can find a respected economist to argue for either side. But there are a few questions where there’s near unanimity, and rent [...]

2019-06-17T11:25:16-07:00June 17th, 2019|Advocacy|

L.A. Landlords Who Let Apartments Sit Vacant Could Be Taxed

There are more than 110,000 empty rental units in Los Angeles. Filling those spaces won't solve the housing and homelessness crises, but some people think it might help chip away at them. L.A. City Councilmember Mike Bonin introduced a motion Tuesday that would tax landlords who leave rentable units vacant. At last count, there were about 111,810 empty housing [...]

2019-06-12T14:49:23-07:00June 12th, 2019|Advocacy|

L.A. Council Members Propose Taxing Landlords Who Leave Homes Vacant

Los Angeles City Councilman Mike Bonin speaking at a council meeting in 2018. (Genaro Molina / Los Angeles Times) Los Angeles should penalize landlords who keep homes vacant as the city suffers a housing and homelessness crisis, several members of the Los Angeles City Council declared in a proposal unveiled Tuesday. City Councilmen Mike Bonin, [...]

2019-06-12T08:58:59-07:00June 12th, 2019|Advocacy|