Hello everybody. Most members of the Apartment Owners Association own or manage at least one apartment building. Some of those members, as well as non-member readers of this AOA magazine, may own commercial property, or at least aspire to someday own commercial property.
Income and wealth inequality have grown in the last fifty years. On National Public Radio a professor in favor of inclusionary housing dismissed the data which seemed to say inclusionary housing policies decreased the rate of construction in the inclusionary housing zone in relation to the broader marketplace. I’ve heard many people do the same.…
DetailsYou own and operate a property management company in California. You have your license, you’ve done the training, you’ve provided excellent service to your clients, and built your business…but, you’re concerned aren’t you? What if something goes wrong? What if there is a fire? What about deferred maintenance? Am I doing everything I can and…
DetailsIn addition to the substantial economic costs associated with rent control, [from Part I] the decision whether to regulate rents raises difficult questions of social policy. Social Implications of Rent Control …
Lawmakers in Los Angeles seem to be taking a cue from our own Board of Supervisors as they explore legislation to impose a tax penalty on property owners who leave residential rental units vacant. As John Phillips notes in the Los Angeles Daily News, Los Angeles City Councilmembers Mike Bonin, Marqueece Harris-Dawson, Paul Koretz and…
DetailsAs clients and regular readers know, I have been more upbeat on the U.S. economy than many of my fellow financial writers in recent years, and especially this year. Several of the writers I read have been calling for a US recession this year and warn that it could be a rough one.
In the last week, cities up and down California discussed emergency tenant protections, as a results of passing the poorly planned and poorly written AB 1482.
DetailsWith the inception of AB 1482, determining the maximum allowable rent increases has become a much discussed, complicated matter.
Details“The real estate lobby might have believed that the recent passage of AB 1482 was the end of the story. They’re wrong. The time for real rent control is now.” -Housing is a Human Right Director, Rene Christian Moya
DetailsDemocrats pay lip service to the First Amendment and claim to encourage political engagement but, in reality, their desire is to silence all views but their own. Last month, a Court of Appeal made them pay for their hypocrisy.
