California continues to tackle its housing affordability crisis through one of the nation’s strongest rent stabilization measures the Tenant Protection Act of 2019 (AB 1482). As the state experiences rising costs and tightening rental supply, this law helps protect millions of renters from sudden or excessive rent hikes while giving landlords clearer guidelines for compliance. […]
Whenever the conversation turns to housing affordability, most people’s minds immediately jump to one solution: build more affordable housing. It’s an understandable reaction after all, rents have been rising sharply, and lower-income families are feeling the squeeze the most. But according to economist Bill Conerly, author of a recent Forbes article, the reality is more
Why More Housing Even Luxury Units Can Improve Affordability Across the Board Read More »
California continues to strengthen its tenant protection laws amid ongoing housing affordability challenges. Attorney General Rob Bonta recently issued a consumer alert reminding landlords and renters alike of the new caps on annual rent increases set by the Tenant Protection Act (TPA), also known as Assembly Bill 1482. The updated cap is intended to prevent
What California Renters Need to Know About the New Rent-Hike Caps Read More »
California’s insurance crisis has quickly evolved from a homeowner headache into a statewide housing concern and renters are now feeling the ripple effects. As detailed by CalMatters (read full article here), skyrocketing insurance premiums, shrinking coverage options, and insurer exits are reshaping how landlords manage properties and, ultimately, how much renters pay each month. What
The American dream of homeownership once a cornerstone of financial security and family stability is slipping further out of reach for millions of households. A new analysis by the Harvard Joint Center for Housing Studies, as reported by Quartz, reveals the stark reality: the average American can no longer comfortably afford to buy or rent
Why America’s Housing Market Is Leaving the Average Household Behind Read More »
For the first time in more than three years, many Los Angeles renters under the city’s rent stabilization ordinance (RSO) are seeing their monthly costs go up.When the city lifted its COVID-era rent freeze on February 1, 2024, landlords regained the ability to raise rents some by as much as 6% depending on whether utilities
Los Angeles Rent Hikes Are Back: What Tenants and Landlords Need to Know in 2025 Read More »
