What is Costa-Hawkins? For landlords, and truthfully for the entire economy, Costa-Hawkins is a very good law. In 1995, the State of California enacted a law that stopped cities from imposing rent control on new construction, single family homes, condominiums and townhomes. It prevented municipalities from instituting rent control for buildings constructed after 1995. If…
June 28 was the final day to withdraw the misnamed “Affordable Housing Act,” which repeals Costa-Hawkins and opens the door for local legislative bodies to expand rent control and preside over the demise of rental housing, particularly for us small property owners. It is essential that this measure on the November 6 ballot be defeated.…
In November, Californians will vote on a ballot proposal to repeal the Costa-Hawkins Rental Housing Act, known most commonly as just “Costa-Hawkins.” The statewide law, enacted in 1995, limits rent control to buildings built before February of 1995, and prohibits municipalities from expanding rent control to include “vacancy control.”
We have a new mayor; let the resurrection of our beautiful city begin! We desperately need for the people living on public streets to be elsewhere. We need for the price of rentals and home purchases to stabilize. Fulfilling these two goals will be the toughest of jobs, requiring our army of people at City…
In January 2018, Assembly person Richard Bloom’s AB 1506 was challenged and defeated in the Assembly Housing Committee. If successful, it would have automatically eliminated and repealed the protections for small apartment owners afforded by the 1995 Costa-Hawkins Fair Housing Act. After the defeat, tenant activists, eviction attorneys, the Statewide Tenant Union, Tenants Together and…