los angeles

102-Year-Old Widow to Be Evicted for Landlord’s Daughter

LADERA HEIGHTS, CA — A 102-year-old woman faces eviction from her Ladera Heights home next month so her landlord can move in his daughter, a recent law school graduate. Friends are rallying around Thelma Smith, a spry widow, who lost most of her family. However, she has few options left as the deadline for her [...]

2019-05-22T15:37:44-07:00May 22nd, 2019|Advocacy|

Legislators Announce Amendments to Tenant Protection Bills

Sacramento, CA—Assemblymembers David Chiu (D-San Francisco), Rob Bonta (D-Oakland), and Timothy Grayson (D-Concord) announced amendments today to two high profile tenant protection measures. Assembly Bill 1482, which prevents rent gouging, will now include a ten-year sunset provision and exempt new construction of up to ten years old. Assembly Bill 1481 regarding just cause evictions, will now [...]

2019-05-22T14:18:31-07:00May 22nd, 2019|Advocacy|

Local Tenants’ Rights Groups Coalesce for New Rent Control, Eviction Protections Ballot Initiative

Five area tenants’ rights organizations have formed a coalition to get behind a rent control and eviction protections ballot initiative for the November 2020 general election. The Pasadena Tenant Justice Coalition (PTJC) is launching a signature drive to ballot a voters initiative restricting rent increases to the rate of inflation, and restricting the ability of [...]

2019-05-22T14:06:31-07:00May 22nd, 2019|Advocacy|

How Rent Control Reduces the Affordable Supply

Rent control is often considered by some state and local government officials as a means to create more affordable housing by limiting the amount a property owner can charge for renting out a home, apartment, or other type of real estate. As rental rates rise, demand for apartments increases and Americans see a larger portion [...]

2019-05-22T13:54:43-07:00May 22nd, 2019|Advocacy|

‘We Just Haven’t Kept with the Pace of Housing Needs’ – Homelessness in Contra Costa on the Rise

Despite the nation’s robust economy and low unemployment rate, Contra Costa County’s homeless population rose a startling 43 percent from two years ago, according to new county data released Monday. “A lot of it is really our housing crisis, we just haven’t kept with the pace of housing needs,” said Lavonna Martin, director of the [...]

2019-05-22T13:50:06-07:00May 22nd, 2019|Advocacy|

California’s Statewide Rent-Cap Proposal Gets Two Key Changes

SACRAMENTO — A closely-watched bill that would ban steep rent hikes throughout California has been softened — slightly — in effort to win over skeptics as a legislative deadline looms. The law would sunset after 10 years, and it would no longer apply to properties built within the past decade, a rolling exemption that would end once [...]

2019-05-22T08:32:40-07:00May 22nd, 2019|Advocacy|

California Senate Puts off Consideration of Transit-Housing Bill Until Next Year

The California Senate postponed until next year consideration of a high-profile but divisive measure that would require cities to allow high-density apartment development near transit hubs in a bid to boost the supply of affordable housing across the nation's most populous state. The measure known as Senate Bill 50, by Sen. Scott Wiener, a San Francisco Democrat, [...]

2019-05-20T09:01:36-07:00May 20th, 2019|Advocacy|

Dueling Protests Collide Outside Brooklyn Rent Reform Hearing

CROWN HEIGHTS, BROOKLYN —A column of tenants rights advocates marched through a booing crowd of building workers in the streets of Crown Heights Wednesday, hours before a New York state Senate hearing on rent reform was slated to take place. The opposing protests collided outside Medgar Evers College, where New Yorkers from across the state [...]

2019-05-17T11:04:26-07:00May 17th, 2019|Advocacy|

NYC Lenders May Face Slump on Rent Control Changes, Analysts Say

(Bloomberg) -- Banks exposed to New York City lending were rare decliners in Thursday trading, extending Wednesday’s losses as analysts dug into worries that Democrats eyeing rent control laws set to expire next month pose a risk to loans and deals. New York Community Bancorp was the only falling stock in the KBW Bank Index [...]

2019-05-17T11:01:29-07:00May 17th, 2019|Advocacy|

Historical Rent Control Ruling Is Bad for Real Estate Entrepreneurs and Tenants Alike. Here’s Why.

Oregon recently made real estate history, becoming the first state in the union to implement rent control statewide. I know the Oregon real estate market well since I grew up there and bought my first rental property when I was 14. Given that, I know that Oregonians mean well with this new law; they want to control the out-of-control [...]

2019-05-17T09:24:08-07:00May 17th, 2019|Advocacy|