Many California Cities Say “Yes!” to More Housing – As Long as it’s NOT Affordable Housing

Throughout California, concern about homelessness is routinely cited by local officials as the rationale for imposing repressions on private housing providers. But, IRL (In Real Life), they’re often not that anxious to allow construction of affordable housing in their district, or even in their city. In southern California, the state is suing Huntington Beach, Anaheim…

How a Charitable Remainder Trust Maximized Our Real Estate Investment (And Lessened Our Landlord Obligations) by Bob and Birdie Feldman

As apartment owners, we face many challenges, especially today. Even using a management company, being a landlord is demanding work. After more than 45 years of ownership, we decided it was time to retire and started looking for ways to simplify our lives and spend more quality time together on our boat. Suddenly, we had…

L.A. County Approves New Program For Regular Inspections By David Wagner of LAist, (published 4/16/2024)

The Los Angeles County Board of Supervisors has unanimously voted to increase apartment inspections and withhold rent payments from negligent landlords, a vote that comes years after initial plans to overhaul enforcement of healthy housing standards were first introduced. The 5-0 vote [in April] sets up a Rental Housing Habitability Program to inspect all apartments in unincorporated parts of…

Northern California

Vacancy Control: “Crackbrained Meddling by the Authorities” By Brian Wallace, SPOSF/SPOSFI President

Pity the poor vacant apartment. Everybody seems to think they know what’s best for it. On one hand, we have Michael Weinstein’s so-called “Justice for Renters Act,” a statewide ballot measure to repeal Costa-Hawkins and open the door to the ultimate goal of rent-control zealots: vacancy control. On the other hand, we have Prop. M, a…