The Economist, one of the most respected publications in the world, published an opinion in its September 21, 2019 edition on the subject of rent control. The authors cite a shortage of rentals as the source of many of the challenges facing renters and owners today.
Our united organizations have continued our fight against Assembly member David Chiu’s assault on the California housing supply through his AB 1482 statewide rent and property control legislation. Our lobbyists have worked to implement changes to the proposed law, with limited success. For example, the original version exempted some small properties that are owner-occupied and…
I watched with resignation the vote in the State Assembly on our own David Chiu’s AB 1482 that would bring statewide rent control to California. The pro-housing forces were quite successful in diluting some of the harm and there’s always a (slight) chance that the bill will be defeated in the State Senate.
As one of the first arrivals at our designated bus stop, just as the sun was rising on April 25th, I wondered if any of our members would join the ride to Sacramento to protest AB 1482, yet another attempt to impose statewide rent control. But I had no reason to doubt—our bus was full,…
Orchard Supply Hardware has announced that it’s going out of business due to low sales.