The federal government isn’t going to solve the housing crisis. With its multiple large, redundant, contradictory, unwieldy, and economically illiterate Washington-centric bureaucracies, we should neither expect nor want the government to be in the homebuilding business. Or to tell us how to do it. In fact, the best thing the government can do for housing…
Buildium writes about the seven rental market trends for 2023 that the company is seeing in its annual property management and industry report and analyses from leading real estate sources in the industry. The company reports that over the last two years, many property managers’ business plans “were reactionary”, keeping their businesses afloat amid lockdowns,…
BILLS PASSED & SIGNED BY THE GOVERNOR: (And supported or sponsored by CalRHA) AB 916 (Salas): Prohibits a city or county legislative body from adopting or enforcing an ordinance requiring a public hearing as a condition of reconfiguring existing space to increase the bedroom count within an existing dwelling unit. AB 1695 (Santiago): Allows for…
The below information is from the City of Oakland’s website. The Oakland City Council has adopted a requirement to establish a rent registry for all units subject to the Rent Program Fee. As of March 1, 2023, owners of these units will be required to report rent and tenancy information to RAP on an annual…
Below is an advertisement to hire part-time testers in 24 Indiana counties. This ad was spotted recently by an Indiana landlord. “Needed Fair Housing Testers (Secret Shoppers)” “Stated simply, testing is typically sending two individuals with similar profiles and housing needs but with different protected class statuses, such as race, to the same available housing…
Below are questions asked by rental property owners regarding California rent control laws followed by answers provided by eviction attorney Dennis Block. Question One: My rental listing indicates that this is a “no pet” building. I recently had someone inquire about my rental, asking if we accept pets. I immediately told her about my building…
Below are questions asked by rental property owners regarding California rent control laws followed by answers provided by Attorney Richard Beckman. Question 1: Is there any update on the lawsuits against the eviction moratoriums in Oakland and Alameda County? Answer 1: Somewhat surprisingly, there is no news from the appellate court as to either of…
We were a bit taken aback with the recent article in the Register by reporter Teri Sforza rhetorically asking if major businesses in Orange County are paying enough property taxes. Only toward the end of the piece was there an acknowledgement that in 2020, California voters rejected the “split roll” proposal by voting against Proposition…
California is sending money directly to millions of residents to help with rising costs and high gas prices. The payments, which started going out October 7, range from $200 to $1,050, depending on income and other factors. About 18 million payments will be distributed over the next few months, benefiting up to 23 million Californians. The cash payouts…
As more multifamily operators venture into the single-family rental market, (SFR) and build-to-rent arena, (BTR) they’re moving not only into a new real estate sector but a new renter demographic, as well. Prospective renter preferences and expectations vary significantly, as do renter profiles, between the multifamily and single-family space. Operators must market and manage accordingly…