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LA City Council Members Reject Rent Freeze Extension, Propose Lower Increases
In a heated committee meeting on Wednesday, Los Angeles city councilmembers struck down a proposal for a six-month extension on a pandemic-era ban on rent hikes that has covered most L.A. apartments for the past three-and-a-half years. Inste...
Landlords are getting saddled with higher costs. With everything going up, can you talk about passing costs onto tenants?
Q: Landlords are getting saddled with higher costs. With everything going up, can you talk about passing costs onto tenants? Also, RUBS, where units with more tenants pay a higher share of utilities. Seems sensible to me. Bornstein, Esq. ...
California to limit security deposits to 1 month’s rent under new law signed by Newsom
SAN FRANCISCO – Renters in California will no longer be asked for a security deposit larger than one month's rent, under a bill signed into law by Gov. Gavin Newsom. On Wednesday, the governor signed Assembly Bill 12 by Assemblymember Matt H...
Pasadena rental housing board to decide relocation assistance rules
Soon some renters priced out of Pasadena, or otherwise evicted for no fault of their own, will get financial compensation and other forms of assistance from their landlord to help them relocate. The Pasadena Rental Housing Board will adopt r...How EV Chargers May Benefit Your CRE Property
For property owners considering EV charging infrastructure on their properties, the multiple benefits and incentives justify the initial costs. As CRE investors and stakeholders continue to pursue sustainability and decarbonization efforts t...
Measure ULA lawsuit rejected by federal judge
A judge dismissed a legal challenge to Measure ULA in federal court on Sept. 5, making L.A. Superior Court the only current legal venue to decide the fate of the controversial transfer tax.
Rent Control to Be on November 2024 Ballot: For the 3rd Time!
A rent control ballot initiative very similar to past efforts under Propositions 10 (2018) and 21 (2020) has once again qualified to be on the ballot for the upcoming, November 2024 vote.