The Destructive Power of Rent Control By James Burling

Bomb damage or rent control? That was the caption under this picture in a 1981 book about rent control across the world. Looking at the photo, it’s impossible to tell the difference. Almost 40 years later, the story hasn’t changed: outside of wars and natural disasters, rent control is the single most effective destroyer of property and property…

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FAREWELL MY FRIENDS By Dale Alberstone

Dear AOA and its Members: Having practiced real property law for the past 45 years (I was admitted to the California State Bar in November 1976), I have decided to retire as an attorney, hang up my shingle, spend my spare time with my family and friends, and pursue my passions for traveling, scuba diving…

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NEWS RELEASE: COVID’s Impact on Renter Preferences By the National Multifamily Housing Council and Grace Hill

Washington, D.C. – The pandemic influenced 25% of renter moves over the past 18 months, and 70% of renters anticipate teleworking the same amount or more going forward, according to data from the National Multifamily Housing Council (NMHC) and Grace Hill 2022 Renter Preferences Survey Report. The survey of more than 221,000 renters, living in 4,564 communities nationwide,…

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The Government-Created Housing Shortage By Larry Salzman

The American spirit is synonymous with a can-do attitude—we are builders, creators, and innovators. The remarkable construction of New York’s legendary Empire State Building symbolizes that spirit: from start to finish, the completion of this American landmark took a single year. But that spirit now seems diminished. Many U.S. cities face a housing shortage thanks…

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Federal District Court Holds Hearing on Eviction Moratorium Challenge by the Rent Stabilization Association of New York

After the Second Circuit Court of Appeals denied the Rent Stabilization Association’s (RSA’s) motion for a stay of the latest eviction moratorium law in October, RSA along with four small property owners, filed an amended petition in Federal District Court challenging the moratorium, along with a motion seeking a stay of the most recent moratorium…

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