One of the biggest problems that landlords have been dealing with in California for over the last 25 years is rent control. Our last ‘battle’ against rent control was fought in 2018 when Proposition 10, an initiative that sought to eliminate Costa Hawkins was not approved...
Partial rent control in California has been active for close to one year now thanks to the passage of AB 1482 but for some lawmakers this bill didn’t do enough to protect tenants and this is why Proposition 21 is on the November ballot. If passed...
What is the Rental Affordability Act? It’s the latest attempt by California lawmakers to end Costa Hawkins, the 1995 housing act, that places limits on rent control in California. With this new effort to “protect renters”, the Rental Affordability Act seeks to expand rent control in...
For the first time in 10 years, Los Angeles residents who live in rent-controlled apartments will see slightly higher rent payments in the coming year thanks to a 4% rent increase. Rents will be increased in accordance with the Rent Stabilization Ordinance which allows rent increases...
Rent control in Southern California has been one of the most talked about issues of 2018 because just about every city in the state has made the effort to get rent control initiatives on their local ballots. At MW Real Estate Group, we’ve been following rent...
By MW Real Estate Group There’s no denying that rent control is one of the most contentious issues in California right now and efforts are currently underway to expand rent control across the state by repealing Costa Hawkins. What Is Costa Hawkins? Enacted in 1995, the Costa Hawkins...