Rent Control

Property Owners of Units in Alameda Subject to Rent Control! By the City of Alameda

Beginning May 1, 2022, landlords of most Alameda rental units may serve their tenant with rent increase notices of no more than 2.7%, after the Alameda City Council adopted new legislation altering the moratorium on rent increases. The change applies to multi-unit properties built prior to February 1995, which are subject to a cap on the annual…

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Letters

Letters to the Editor

Dear Jeff: What an inspiration writing in this month’s AOA “From the President” – [August issue].  I appreciated the story of Jerry as well as the “try this” 1-9. My Mom and business partner, (age 100), says her secret to living so long is to “love people” and trust in God.  Again, thank you.   Arlene…

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Multifamily Investments

Rent-Controlled Markets Feel Reduction in Multifamily Investments by John Triplett

A new survey shows that almost 60 percent of multifamily firms indicate they are reducing or avoiding investment in rent-controlled markets, according to the National Multifamily Housing Council (NMHC). An additional 15 percent say they are considering cutting back in those markets. Conversely, only a quarter (27 percent) of firms are willing to keep their current or…

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California Politicians are Killing the Golden Goose

On March 24th, 2020, state and local officials made emergency declarations because of a deadly virus that has now claimed the lives of over 816,000 Americans (Coronavirus COVID-19 (2019-nCoV) (arcgis.com). At that time, there were many unknowns. Overnight, millions of people were out of work, while others were dying of a mysterious virus.  We gave…

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