Comparing Two Legislations That Impact California Investors More and more owners are beginning to learn about SB-721, more commonly known as the “Balcony Law.” Drafted in response to a tragedy in Northern California, it increases the likelihood structural issues are addressed before tragedy occurs again. This article is not to address the pros and cons …
Published on caanet.org on March 6, 2023 | Mallory Homewood The California Apartment Association has published materials to help landlords abide by a new “just cause” for eviction ordinance in the city of Los Angeles. The new “just cause” ordinance applies to most units in the city that are not already regulated by the city’s …
Are you aware of the legislative changes happening in your backyard? It’s hard to keep up with it all, especially in today’s post-COVID environment. It feels like every day there is a new proposed change announced that will directly affect California owners. We have suggestions on how to stay in the know and how to …
Originally published on caanet.org Extreme rent control and anti-housing activists are again planning a statewide voter initiative to take down the Costa-Hawkins Rental Housing Act, California’s most important landlord protection law. Last week, initiative proponents filed a “Request for Preparation of Title and Summary” with the California Attorney General’s Office for the “Justice For Renters …
Homelessness in recent years has been snowballing to intolerable levels, at least that’s what most Angelenos indicated in 2016 with Measure HHH. Today, Measure ULA is rallying to create a new tax on the sale of top dollar properties. This includes a $1.2 billion bond measure to fund supportive housing construction and county wide tax …
The country is heading towards a recession, at least according to almost half of the economists recently surveyed by the National Association for Business Economics. Some economists believe we are already in a recession. 47% of economists in the organization’s semi annual survey that was conducted in August felt that the recession will begin this …
Via San Gabriel Valley Tribune Ryan Carter BALDWIN PARK — Supporters on Tuesday, Aug. 17, rallied for a proposed new Los Angeles County agency that aims to bolster affordable and fair housing in the region, echoing other recent calls for such housing that have dotted the San Gabriel Valley. Members of Our Future Coalition — …
Elaine Kim, Investment Adviser, Centennial Advisers Tomorrow, Thursday, August 11, 2022, the California state legislature will vote on SB 679, a bill that would create a dangerous law that will impact California landlords and business owners. The bill seeks to create a “Los Angeles County Affordable Housing Solutions Agency.” The agency would appoint a 21-member …
