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Letter | Rental Registry a Back Door to New Rent Control Policy

While I support the hard work of city staff, I am against any form of rental registry. Last year a majority of citizens voted “no” on Measure M and this proposed rental registry is just a back door to a new rent control policy! It will divide our community and in the long run [...]

2019-08-19T13:39:31-07:00August 19th, 2019|Advocacy|

Fallout from State’s Rent Control Debate: More Rent Hikes

The Casa Grande Apartments in Anaheim were aging fast. The 48-year-old complex needed a new roof, plumbing work and a few minor but costly upgrades. The owners for years had put off monthly rent hikes greater than $40. And now, their adviser was suggesting they move fast and hike their below-market rents as much [...]

2019-08-19T13:06:42-07:00August 19th, 2019|Advocacy|

Sacramento City Council Approves Rent Control Measure. New Cap on Increases Takes Effect Soon

Competition for tenants who can pay top rents has grown so fierce that landlords are loading up their new buildings with goodies unheard of in years past when a swimming pool and laundry room were considered ample enticements for renters. In a new downtown Los Angeles apartment complex, residents could be found on a [...]

2019-08-19T09:04:57-07:00August 16th, 2019|Advocacy|

Los Angeles Apartment Owners Race to Add Luxury Amenities

Competition for tenants who can pay top rents has grown so fierce that landlords are loading up their new buildings with goodies unheard of in years past when a swimming pool and laundry room were considered ample enticements for renters. In a new downtown Los Angeles apartment complex, residents could be found on a [...]

2019-08-19T09:26:32-07:00August 16th, 2019|Advocacy|

Apartment Industry Blames Rising Rents on Lawmakers for Saying ‘Rent Control’ out Loud

Rents in the Silver State are skyrocketing and the association representing  apartment complex owners suggests state lawmakers who uttered the phrase “rent control” in Carson City are to blame. “Well, there was discussion about rent control, about migrating in that direction, and I don’t know if the industry got a little worried,” says Susy [...]

2019-08-16T10:34:50-07:00August 16th, 2019|Advocacy|

Amid Housing Crisis, Culver City Is the Latest Town to Cap Rents

Culver City approved a temporary rent control measure early Tuesday morning, joining a handful of other Southern California cities that have boosted tenant protections as the state grapples with an affordability crisis. In a 4-1 vote that followed a five-hour discussion, the City Council capped annual increases to 3% in buildings built on or [...]

2019-08-16T10:47:17-07:00August 16th, 2019|Advocacy|

Sacramento City Council Likely to Approve Rent Control Proposal in Tuesday Meeting

SACRAMENTO (CBS13) – If you rent a home to a tenant, should you be limited to how much you can increase their rent? That’s the issue to be taken up on Tuesday by the Sacramento city council. Called the “Tenant Protection and Relief Act,” this proposal would cap rent increases for those living in housing built before [...]

2019-08-14T16:57:43-07:00August 14th, 2019|Advocacy|

The Governor Wants Rent Caps

Calling for a rent cap bill for all California, Governor Gavin Newsom said such a measure is long overdue. While Newsom sees this as a temporary solution to the state’s housing crisis, his advocacy for a new law will renew the debate over rent control and set into motion some interesting political machinations. Legislators [...]

2019-08-14T16:55:01-07:00August 14th, 2019|Advocacy|

Letter | Rental Registry a Back Door to Rent Control Measures

The City Council is about to enact a rental registry at the cost of hundreds of thousands of dollars. This will be a fee-funded program that will collect the names of all residents, renters and cosigners and all the rental contracts. The only cities that maintain these databases are those with draconian rent control [...]

2019-08-13T11:09:12-07:00August 13th, 2019|Advocacy|

8 Best Apartment Reits to Buy Now

Apartment REITs offer reliable and growing dividends. Apartment REITs, or real estate investment trusts, offer opportunities to capitalize on strong housing demand while potentially offsetting stock market volatility. “I like multifamily REITs for the diversification of cash flows,” says Roger L. Gainer, owner of Gainer Financial & Insurance Services in San Rafael, California. “Most programs [...]

2019-08-13T10:23:59-07:00August 13th, 2019|Advocacy|